Viewed as a fundamental compounder with a defendable moat in the DeFi 2.0 space.

Highlighted as a successful early-stage project within the institutional crypto lending space.

Targeting high revenue growth through institutional partnerships with Cantor Fitzgerald and Bitwise, and expansion into Real World Assets.

Focusing on the composability of private credit and enabling higher risk-adjusted returns through leverage.

Supply-side leader for RWAs with significant TVL growth in its Syrup USDC product.

An interesting example fitting the framework, operating in the growing on-chain private credit market. Its AUM has grown 10x, and 25% of protocol revenue is used for MPL token buybacks.

Cited as a key example of a curator and asset manager that is actively pursuing the growth area of tokenized private credit and RWAs.

Highlighted as a pioneer in on-chain lending that is poised for a new phase of growth as tokenized RWAs are integrated into its ecosystem.

Included in a basket of revenue-generating altcoins that have sold off to what are considered reasonable prices.

Highlighted as a protocol that has successfully attracted billions in TVL from a diversified retail user base, positioning it well for growth in the RWA space.