DeFi mindshare is still on the rise and should soon surpass the AI track. Here’s a screenshot I took a month ago; I feel the current progress is less than 10% 🥸 In the past two months, I've been continuously mentioning Ethena, Pendle, Fluid, and Aave. From Ethena founder @gdog97_'s tweet, which has over 180K views, and reaching Kaito's top 1, it’s clear that the heat of DeFi is still ongoing and rising rapidly. Ethena has currently minted and redeemed over $18 billion in supply based on USDe, while generating over $450 million in revenue, with no basis point loss. Still at a $1 billion scale: - Ethena took 500 days to achieve this. - Circle USDC took 800 days. - Tether USDT took 2000 days. You can feel that everything in DeFi is starting to accelerate. July 29 is also a key point; Ethena and Aave collaborated to launch Liquid Leverage, providing farmers with a new revenue stream 🧑‍🌾 By the way, you can see that any DeFi project that starts to shine in the market is at a scale of $10 billion, $10 billion. Today it’s Ethena, and the next one is @pendle_fi, which just reached a TVL of $8 billion. The value provided by Kaito is that we can see the authenticity of tweet data from daily rankings; even with fewer fans, providing influential content can still make the list. Why do I say this? How can one write a valuable article that gets over 50 saves? Those playing DeFi can take a look at @ViNc2453. So how do we find key figures who might drive the development of certain tracks in the market among many influential accounts? It’s the people on the leaderboard. Continuously betting on legendary teams without getting distracted can yield good results in this bull market 💎⛏️