India’s announced rupee‑pegged Arc token built with Polygon and Anq marks a milestone in regulated digital assets — it forces a fresh look at custody, pegging models, and on‑chain compliance. This analysis unpacks architecture options, why Polygon was chosen, implications for MATIC and partner chains, and how Arc fits into a MiCA‑shaped global mosaic.

This report analyzes the rise of wallet-native perpetual DEXs using Safepal’s integration with Hyperliquid as a case study, covering UX, liquidity, custody tradeoffs, token dynamics, on‑chain expectations, and regulatory risks. It’s written for product managers, DeFi builders, and sophisticated retail traders evaluating on‑wallet trading.

Recent headlines suggest Bitcoin has slipped into bearish territory, but ETF flows and short rebounds complicate the picture. This deep dive weighs on-chain signals, institutional flows, and vocal market forecasts to lay out practical positioning options for the next 3–12 months.