Rainbow's perpetual trading fees have been surging recently—quite the upward trajectory. Over the past several days, Rainbow has consistently ranked among the top 2-3 platforms by daily fees generated through its perpetual derivatives. It's a noticeable shift. The obvious read here? The market is pricing in major momentum ahead of the RNBW token's launch, which is roughly 25 days away. That TGE is clearly on traders' radar. Anticipation tends to move volume, and the fee data bears that out. Whether this momentum holds depends on execution, but for now, the numbers are speaking.