The Royal Pond.

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· THE ROYAL BRIEFING

Leap counts the fees. Bumpy would prefer a flattering total.

Solana Labs launches Leap's trading-app beta with cost-inclusive results, while India investigates cross-border exchange activity and 21Shares ends a Dogecoin ETF support agreement.

Editorial cartoon: crowned Bumpy holds coins and tries to lift the platform of a phone-shaped Leap scale labelled “After fees”. A small olive-brown newt with an orange belly checks a spirit level beside its base.
Editorial illustration · 8 November 2026
THE ROYAL DECREE · OPINION
A profit is permitted to look smaller once all its expenses have arrived.
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