Citrini Research is betting on DeFi's $157 trillion opportunity. The independent research firm published a tokenization basket on Oct 8 (ET), arguing the real question isn't whether assets get tokenized — it's where the economics accrue. The contrast is striking: global equities top $157T against crypto's ~$2.66T market cap, while tokenized stocks onchain have reached just $4.84B.
Aave was the clearest winner on Oct 10 (ET): $AAVE rose over 4%, far ahead of $BTC's 0.2%, as MetaMask's Agent Wallet integrated with Aave's MCP and V4 deposits kept climbing. But Citrini also poured cold water on the hype: higher onchain volume doesn't guarantee token prices follow — revenue models and fee allocation matter more.
One signal worth noting: in the week ending Sept 13, Solana DEXs processed ~208M trades, topping the NYSE's ~190M. Not financial advice.
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Citrini Research 抛出"157 万亿美元"命题：10 月 8 日（美东时间）研报称，关键不在资产是否上链，而在收益流向何处。反差扎眼：全球股票市值超 157 万亿美元，加密总市值约 2.66 万亿美元，已代币化的股票仅 48.4 亿美元。
AAVE 是 10 月 10 日（美东时间）最亮眼的标的，单日涨超 4%，跑赢 BTC 的 0.2%——MetaMask 智能钱包接入 Aave MCP、V4 存款增长添了把火。但研报也泼冷水：链上交易量不等于代币涨价，收入与费用分配才是关键。
值得留意的信号：截至 9 月 13 日那周，Solana DEX 处理约 2.08 亿笔交易，超过纽交所的 1.9 亿笔。非投资建议，仅供参考。
$AAVE $BTC #DeFi #RWA #Tokenization
Aave was the clearest winner on Oct 10 (ET): $AAVE rose over 4%, far ahead of $BTC's 0.2%, as MetaMask's Agent Wallet integrated with Aave's MCP and V4 deposits kept climbing. But Citrini also poured cold water on the hype: higher onchain volume doesn't guarantee token prices follow — revenue models and fee allocation matter more.
One signal worth noting: in the week ending Sept 13, Solana DEXs processed ~208M trades, topping the NYSE's ~190M. Not financial advice.
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Citrini Research 抛出"157 万亿美元"命题：10 月 8 日（美东时间）研报称，关键不在资产是否上链，而在收益流向何处。反差扎眼：全球股票市值超 157 万亿美元，加密总市值约 2.66 万亿美元，已代币化的股票仅 48.4 亿美元。
AAVE 是 10 月 10 日（美东时间）最亮眼的标的，单日涨超 4%，跑赢 BTC 的 0.2%——MetaMask 智能钱包接入 Aave MCP、V4 存款增长添了把火。但研报也泼冷水：链上交易量不等于代币涨价，收入与费用分配才是关键。
值得留意的信号：截至 9 月 13 日那周，Solana DEX 处理约 2.08 亿笔交易，超过纽交所的 1.9 亿笔。非投资建议，仅供参考。
$AAVE $BTC #DeFi #RWA #Tokenization