the best interview i've watched all year with @SoskaKyle and @TaikiMaeda2 one key insight: crypto has undeniably surpassed tradfi in several areas (e.g. stablecoins beat simple dollars, hype perps beat tradfi perps, tokenized stocks beat having to use a stockbroker) tradfi isn't blind to this and the leaders in each respective area are going to receive a steady bid over the coming years even at higher valuations, it's inevitable that they will have steady growth if they retain their fundamentals in another great interview recently @CryptoHayes mentions he likes to buy "broken charts" (and recently purchased a nice chunk of ethereum:0x808507121b80c02388fad14726482e061b8da827 ) fixed income is one of the largest markets in traditional finance worth HUNDREDS of trillions of dollars just as stables and perps are rapidly growing in volume, so will onchain yield trading we are dealing with 10,000x smaller volumes at the moment when the floodgates do open then pendle at $100 (50x) will look very similarly priced to where hyperliquid:native is now and then the bid highly simply continues pendle is inevitable