For those who have 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 confusing
Now they are looking at AAVE and other DeFi projects with real yields
The most profitable projects and the largest real narratives in the circle
Information has always been public
It just hasn't been averaged yet