Dusk's 2026 plan actually points to one thing—"On-chain regulation of finance." Whether it can be achieved depends on three specific implementations.

First is DuskEVM. The plan is to launch on the mainnet in the first quarter. Don’t be fooled by the name; it’s not just about Ethereum compatibility. What’s the core logic? To make migration costs for developers nearly zero. You still write in Solidity, with the same toolchain, but once deployed on Dusk, the entire contract runs within its privacy and compliance underlying framework—kind of like your driving habits and interface remain unchanged, but the engine and power system underneath are fully upgraded.

The key question is: after the mainnet goes live, will developers truly continue to migrate and build real applications? If the excitement lasts only a week and then fades, it should be viewed with caution.

Second is NPEX. This is their core application—a regulated digital securities trading platform. The Dusk team’s strategy is clear: directly use "real asset scale" and "ongoing trading volume" as public benchmark indicators. In other words, they aim not just for a demo stage. Whether they can gradually introduce actual assets (at least pilot projects) is a litmus test for the project’s implementation capability.