Having money on-chain doesn’t mean you can make money with your eyes closed. According to DefiLlama, as of October 2: The total stablecoin market cap is approximately $306.4 billion, up 0.91% in the past 7 days. Meanwhile, DEX spot trading volume is around $59.4 billion, down 12.49% week-over-week. On-chain perpetuals are about $132.1 billion, down 22.03%. The scale of funds and trading activity aren’t moving in sync. I see DeFi trading volume as usage, revenue as business, and profit sources as whether they’re sustainable. If you can bring people in, the ledger can keep the money around.