the past decade gave us:
– yield trading (pendle)
– subnets (bittensor)
– perps (hyperliquid, gmx)
– ai agents (virtuals, eliza)
– delta-neutral stables (ethena)
– leveraged borrowing (gearbox)
– isolated lending (euler)
– curation markets (morpho)
– p2p lending (aave)
– institutional credit (maple)
– dex (uniswap)
– stable pools (curve)
– oracles (chainlink)
– liquid staking (lido)
– zk data pipes (zkTLS)
– ETH-backed stables (liquity)

feels quiet lately, but crypto’s still shipping 

just not always where the spotlight is