From 2009 to 2026, 17 years of blockchain, 11 years of smart contracts Only 2 applications with real users and real use cases have emerged, and only 1 truly broke out of the niche Contract market @HyperliquidX Prediction market @Polymarket The rest of the time, this industry has churned out 1,000,000,000 useless forks and projects, and industry leaders call this 'Build' Just like the US stock market, a crash doesn’t just wipe out leverage, it also flushes out bad coins