Dusk’s roadmap—when I looked through it, I found that some milestones have already passed.
I reviewed Dusk’s roadmap and compared several key time points. The mainnet went live in April 2024, the DuskEVM testnet is scheduled for Q3 2025, and the DuskEVM mainnet for January 2026. These have all been delivered.
But when I keep going further, some milestones start to not match up.
NPEX’s €300 million securities are being tokenized on-chain; on the roadmap, this corresponds to “Q2 2026.” Now Q3 is almost over. The securities are indeed being advanced by NPEX, but they haven’t really started running at scale. EURQ launched, but there’s still no way to see on-chain transaction volume or adoption data. On the Dusk Trade platform, the roadmap says “H1 2026,” and it’s still in waitlist status. @Dusk
Some analysis articles mention that the real watershed is Dusk’s transition from a “speculative roadmap” to a “functional institutional settlement layer.” How fast that transition happens depends on real on-chain transaction volume. This transition hasn’t been completed yet. Even more painful: the tokenomics depend on settlement volume, not collateral. To pay gas for a €50 million bond, the gas fee is only a few cents—so you need enormous transaction volume to absorb the emission of 500 million DUSK.
A project’s roadmap delivery speed often affects market confidence more than the technology itself. Dusk’s technology is definitely progressing, but the few key milestones written on the roadmap are already past their expected timelines. If NPEX’s securities tokenization is delayed by another year, the time for Dusk to go from “technology is ready” to “real assets are actually running” could take three years. The direction is fine, but the pace is the problem.
I’m not saying Dusk can’t deliver. But if a project keeps postponing key milestones on its roadmap, the market’s patience is limited. Once NPEX’s securities truly start running at scale, I’ll come back and reassess the project. Until then, it’s a chain with solid technology, but commercial adoption is still waiting in line. #dusk $DUSK
I reviewed Dusk’s roadmap and compared several key time points. The mainnet went live in April 2024, the DuskEVM testnet is scheduled for Q3 2025, and the DuskEVM mainnet for January 2026. These have all been delivered.
But when I keep going further, some milestones start to not match up.
NPEX’s €300 million securities are being tokenized on-chain; on the roadmap, this corresponds to “Q2 2026.” Now Q3 is almost over. The securities are indeed being advanced by NPEX, but they haven’t really started running at scale. EURQ launched, but there’s still no way to see on-chain transaction volume or adoption data. On the Dusk Trade platform, the roadmap says “H1 2026,” and it’s still in waitlist status. @Dusk
Some analysis articles mention that the real watershed is Dusk’s transition from a “speculative roadmap” to a “functional institutional settlement layer.” How fast that transition happens depends on real on-chain transaction volume. This transition hasn’t been completed yet. Even more painful: the tokenomics depend on settlement volume, not collateral. To pay gas for a €50 million bond, the gas fee is only a few cents—so you need enormous transaction volume to absorb the emission of 500 million DUSK.
A project’s roadmap delivery speed often affects market confidence more than the technology itself. Dusk’s technology is definitely progressing, but the few key milestones written on the roadmap are already past their expected timelines. If NPEX’s securities tokenization is delayed by another year, the time for Dusk to go from “technology is ready” to “real assets are actually running” could take three years. The direction is fine, but the pace is the problem.
I’m not saying Dusk can’t deliver. But if a project keeps postponing key milestones on its roadmap, the market’s patience is limited. Once NPEX’s securities truly start running at scale, I’ll come back and reassess the project. Until then, it’s a chain with solid technology, but commercial adoption is still waiting in line. #dusk $DUSK
