Opinion · Nov 13, 2026 00:20 UTC

institutional desks is the overlooked driver of treasury policy

Clarity beats speed for teams that have to ship through uncertainty.

In that environment, patience is a position, not a slogan.

Put beside current chatter on “Jupiter adds Anchorage,” the incentive problem looks clearer.

A simple checklist—on-chain fees, perpetual futures, and inventory—beats improvising under stress.

Discipline is cheapest before volatility arrives.

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