For someone who has been in the circle for a long time

You are already very familiar with hyperliquid

Understanding that it has real revenue buybacks and a unique distribution mechanism

For Wall Street institutions like Old Deng, who still don't know how to use wallets, it may still be quite confusing

Now they are looking at DeFi projects like AAVE that have real returns

The most profitable projects and the largest real narratives in the circle

Information has always been public

It's just not yet averaged out