Genius Terminal
GENIUS#188Genius Terminal is a multichain trading terminal for spot, perpetuals and pre-launch tokens; GENIUS is its fee-discount and rewards token on BNB Chain.
- Market cap
- $108.89M
- Volume 24h
- $16.51M
- All-time high
- —
- Circulating supply
- 335.38M of 1B
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset, gambling (maysir), business model, excessive uncertainty (gharar), usage, and benefit and harm (maslahah).
- 2 pass
- 6 caution
- 0 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
Halal analysis
Can a Muslim hold Genius Terminal?8 Shariah criteria
2 pass · 6 caution · 0 failGENIUS pays no interest, but the terminal gives access to perpetual futures with funding payments.
Riba is interest or any guaranteed increase on a loan. Holding GENIUS pays nothing, and the terminal earns trading fees, not loan interest. CryptoUmmah scores riba 44.5/100 because perpetual futures use funding payments between traders, which resemble interest. That concern is real, but it sits in the venues the terminal connects to (Hyperliquid and Aster), not in the token, and the terminal says it adds no fee of its own on perpetuals. The criterion passes with a reduced score.
GENIUS has a real but narrow function: fee discounts and rewards inside one trading application.
This criterion asks whether the asset has real value as property (mal). GENIUS gives lower fees and higher points multipliers on a working product, which is a real benefit. But its use is limited to one trading application, the governance rights are not documented by the project itself, and CryptoUmmah rates Genius Haram. This narrow, trading-only utility is a coin-specific weakness, so the criterion is at caution.
The terminal promotes leveraged perpetuals and new meme tokens and rewards trading volume with GENIUS.
Maysir is gambling: gaining or losing by chance rather than through productive exchange. Genius is a tool for exchange, not a betting product. But it integrates perpetual futures on Hyperliquid, surfaces pre-launch meme tokens from Four.Meme and Solana launchpads, runs trading competitions, and distributes GENIUS in proportion to trading volume, which encourages turnover for its own sake. CryptoUmmah scores maysir 54.1/100. These features put the criterion at caution.
Revenue is trading fees; part of the traded flow is leveraged derivatives and speculative new tokens.
This criterion asks how the project earns and whether that income is impermissible. Genius earns fees on spot trades: DefiLlama showed about $937,000 in revenue over the 30 days to 2 October 2026. A fee for executing a spot trade is permissible service income. But the terminal is also a gateway to perpetual futures and to speculative pre-launch tokens, and the share of each in activity and revenue is not disclosed. Impermissible activity is present but its share is unknown, so the criterion is at the bottom of the caution band.
Token allocation, vesting and staking terms are not published by the project.
Gharar is excessive uncertainty or hidden information. The public documentation covers trading and rewards but has no page on token allocation, vesting or staking terms. Only about a third of the 1 billion supply circulates. CryptoUmmah, which scores gharar 49.9/100, found one audit (Halborn, report dated February 2025), could not confirm that the code is open source, and says the backing of the usdGG stablecoin is thinly documented. Named founders and backers reduce the uncertainty, so the criterion is at caution.
GENIUS is used to cut fees and earn rewards on a terminal that mixes spot and leveraged trading.
This criterion looks at what the asset is actually used for. GENIUS lowers trading fees and raises reward multipliers. Spot swaps and tokenized stocks are acceptable uses in principle. The same benefits apply to a platform where users trade perpetual futures and new meme tokens. Because doubtful uses are a core part of the product and not incidental, the criterion is at caution.
Fully paid spot GENIUS is available and can be held in self-custody.
This criterion asks whether the asset can be owned in a permissible way. GENIUS trades spot with full payment and delivery on exchanges and can be held in a self-custody wallet on BNB Smart Chain. The criterion is at the maximum.
The terminal makes onchain trading easier, but also makes leverage and meme speculation easier.
Maslahah weighs benefit against harm. Genius removes real friction from onchain trading and has returned more than $7 million in cash back to traders. But the same convenience lowers the barrier to leveraged derivatives and to trading untested new tokens, where ordinary users often lose money. Benefit and harm are mixed, so the criterion is at caution.
How you can use it
Tap a card for the ruling and sourcesBuying GENIUS with full payment and immediate delivery is available, and the tokens can be moved to a self-custody wallet. Spot is acceptable for a DOUBTFUL asset for those who follow the permissive view; note that CryptoUmmah rates Genius Haram.
No exchange-traded fund or product holding GENIUS was found in the sources collected. A product that held GENIUS would be judged like spot; its structure would need checking.
GENIUS is not used for payments; it gives fee discounts and rewards inside the terminal. Tier-1 bodies such as Indonesia’s MUI rule that using cryptocurrency as currency is not permissible.
GENIUS has no validation staking. Third-party reviews describe staking or locking GENIUS for lower fees and higher points, but the terms and the reward source are not documented by the project and must be checked.
Margin trading is never acceptable: it is a deferred exchange with borrowed money and leverage (AAOIFI SS 20).
Futures, perpetuals and options always fail under AAOIFI SS 20: deferred exchange without delivery, usually with leverage.
Lending GENIUS through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
GENIUS pays holders nothing itself. Yield products on GENIUS elsewhere get their return from lending or similar interest-like sources and fail. The usdGG stablecoin yield is a separate product that CryptoUmmah calls asset-backed with little detail.
Scholars quotes
Penggunaan cryptocurrency sebagai mata uang hukumnya haram, karena mengandung gharar (ketidakjelasan), dharar (bahaya) dan bertentangan dengan Undang-Undang nomor 7 tahun 2011 tentang Mata Uang dan Peraturan Bank Indonesia nomor 17 tahun 2015 tentang Kewajiban Penggunaan Rupiah di Wilayah Negara Kesatuan Republik Indonesia.Sebagaimana mata wang yang lain, mata wang digital hendaklah tidak digunakan sebagai bayaran kepada barangan, perkhidmatan dan aktiviti tidak patuh Syariah seperti pembelian dadah, pelacuran, perjudian dan pendanaan aktiviti keganasan serta penggubahan wang haram.The SAC has also resolved that investment and trading of Digital Assets that fulfil the above requirements and which are traded on Digital Asset Exchange (DAX) registered with SC are permissible.Third: In light of the above and given the significant risks associated with this type of currencies and the instability of their transactions, the Council of the Academy recommends pursuing research and studies on issues affecting its ruling.Bitcoin is a digital currency that does not meet the legal and Sharia criteria that make it a currency subject to the rulings of dealing with official legal currencies recognized internationally.بناءً على ذلك: فلا يجوز شرعًا تداول عملة "البتكوين" والتعامل من خلالها بالبيعِ والشراءِ والإجارةِ وغيرها، بل يُمنع من الاشتراكِ فيها؛ لعدمِ اعتبارِها كوسيطٍ مقبولٍ للتبادلِ من الجهاتِ المخُتصَّةِ، ولِمَا تشتمل عليه من الضررِ الناشئ عن الغررِ والجهالةِ والغشِّ في مَصْرِفها ومِعْيارها وقِيمتها، فضلًا عما تؤدي إليه ممارستُها من مخاطرَ عاليةٍ على الأفراد والدول.According to research and opinion of experts so far, cryptocurrency is not considered ‘ maal ’ (wealth) in Sharia.Muhammadiyah memandang transaksi dan investasi kripto pada dasarnya mubah (boleh) tetapi dengan syarat tertentu.The opinion on this is the same as doing the same with any halal assets such as shares – 1) is permissible, 2) is more debatable and there are differing opinions on short-term trading.Our current position is 'tawaquf'; we can't say it is halal or haram, but we say it is better not to engage in itAs I mentioned at the beginning of this article it is not necessary to substantiate the permissibility of something as long as there are no prohibited factors involved in it or surrounding it.AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Where it trades
Section in preparation
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