SEC's Innovation Exemption gives permissioned AMM trading of tokenized US-listed stocks five years of conditional relief, to September 2031. Every stock needs its issuer's consent to trade, so listed companies control how much evidence on DeFi's efficiency claims the window produces.
Reality
- Evidence40
- Adoption15
- Hype gap+15
- Incentives65
- Confidence45
The gate is a few lines of Python, and the engineering sits in whatever populates response.confidence and in whether your incident mix resembles the one where that 60 percent was measured.
Reality
- Evidence25
- Adoption
- Insufficient
- Hype gap+35
- Incentives
- Insufficient
- Confidence35
The 14.13.1 release captures failed agent runs as incidents, promotes them into skill fixtures, and accepts an edit only when one split improves and neither regresses, all under an enforced dispatch budget.
Reality
- Evidence42
- Adoption15
- Hype gap+10
- Incentives65
- Confidence50
A venue that makes markets with its own capital stopped trading on August 22. Counterparties are now sizing a balance sheet whose loss has not been disclosed.
Reality
- Evidence27
- Adoption54
- Hype gap+14
- Incentives68
- Confidence32
Latent Space dates five flips from human-made to model-made since 2022. The order they happened in predicts more than the annual cadence the essay claims for it.
Reality
- Evidence42
- Adoption58
- Hype gap+32
- Incentives55
- Confidence48
Microsoft's learned exchange-correlation functional is now in one production code with four more integrations underway. The accuracy claim is the easy part; workflow policy is not.
Reality
- Evidence38
- Adoption27
- Hype gap+28
- Incentives82
- Confidence52