Meridian

Ethena-incubated RWA perp DEX on Robinhood Chain

Meridian is the rebrand of Ethereal, the perpetuals DEX incubated by Ethena, now live on Robinhood Chain as a day-one launch partner. It offers RWA-focused perpetual futures plus prediction markets (sports, macro, geopolitics), settled in Ethena's USDe. The project runs an active points program and previously earmarked 15% of its governance token for ENA holders via Ethena. No TGE is confirmed and no date announced; a token/airdrop is widely anticipated.