Understand the new crypto trend from the sky-high opening of $WLFI

Written by: Haotian

Based on the concept of the Trump family alone, the circulating market value of @worldlibertyfi has reached $7B. With almost no reliable ecological project support, its market expectations surpass that of many Crypto Native blue-chip protocols such as AAVE, Uniswap, Ethena, and Pendle. Tell Me Why？ The answer is clear: the current trend of building in the crypto industry has completely changed, and I will share some observations:

1) To Wall Street institutions, the popularity of a new narrative of Wall Street DATs has overshadowed many previous technical narratives such as layer2, BTCFi, and ZK.

2) Focusing on capital efficiency, the market no longer focuses on the TPS arms race and superficial TVL shows, but begins to focus on how to generate more yield returns with limited funds.

For example, @Dolomite_io's liquidity multiplexing, @MitosisOrg's programmable liquidity innovation, @apr_labs's MEV value capture, and high-...

8.39K

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.