62% of crypto investors now parking capital in tokenized stocks on CEXs/DEXs.
That's your answer for why everything's bleeding.
Liquidity isn't disappearing—it's rotating. When tradfi products get wrapped in tokens, degens treat them like any other asset class. The moment $SPY or $TSLA derivatives hit DEXs with leverage, capital flows where momentum is.
Crypto isn't losing to stocks. It's cannibalizing itself by offering the same products with worse UX and more risk.
Watch where the smart money goes next cycle—it won't be chasing tokenized equities.
That's your answer for why everything's bleeding.
Liquidity isn't disappearing—it's rotating. When tradfi products get wrapped in tokens, degens treat them like any other asset class. The moment $SPY or $TSLA derivatives hit DEXs with leverage, capital flows where momentum is.
Crypto isn't losing to stocks. It's cannibalizing itself by offering the same products with worse UX and more risk.
Watch where the smart money goes next cycle—it won't be chasing tokenized equities.