Regulatory clarity is finally translating into real DeFi revenue, and $ETH is sitting right at the centre of it. On August 18, the SEC proposed a new "Regulation of Crypto Assets" framework, complete with startup exemptions and a safe harbour provision. That's a meaningful shift from years of ambiguity, and it's already showing up in institutional positioning across ETH and its ecosystem. What's interesting is that this isn't just sentiment. $UNI has activated fee switches on v4 tied directly to token burns, meaning actual protocol revenue is now feeding into scarcity mechanics rather than sitting idle in a treasury. That's the kind of fundamental shift that tends to outlast a single news cycle. #Lido and #AAVE are moving in a similar direction too, with validator upgrades and expanding core markets respectively. Together it points to a "clarity plus revenue" rotation back into blue-chip DeFi, not just a speculative bounce. I trimmed some ETH profit into UNI on Bitget yesterday, betting the burn mechanics have more room to run than the initial pump suggests. Worth tracking how this framework develops and whether the burn mechanics hold up once the initial excitement fades. I'll be keeping half an eye on Bitget's UNI order book for signs of whether that conviction is shared. NFA, DYOR.