It's great to see how many DeFi projects improved their token utility in 2025 Hyperliquid - enabled staking HYPE for lower fees, deploying HIP-3 markets, and much more Mantle - fully integrated MNT into Bybit for fee discounts, VIP boosts, and more MNT trading pairs EtherFi - launched a $50M ETHFI buyback program and membership benefits for ETHfi stakers Uniswap - activated its fee switch mechanism and started to buy back and burn UNI tokens Aave - launched a $50M AAVE buyback program and reduced token emissions via the Umbrella upgrade Pendle - teased a token upgrade for the near future during its community call I am sure I am missing many other projects, but overall, the trend is clear. Token holders are finally starting to directly benefit from the success of the projects they're betting on.(The DeFi Investor 🔎)