The encryption asset market has been a bit lively in the last 24 hours.

First, the big brother of the DeFi ecosystem, Aave, has sparked another discussion—how to define the boundaries of yield distribution and governance rights, with differing opinions in the community. This topic needs to be revisited every now and then, as it involves the distribution of real money.

Someone is digging into the underlying logic of the encryption market, re-examining this empowerment movement from the perspective of "Crypto Existentialism." It sounds a bit philosophical, but there are indeed people seriously thinking about this issue.

Solana's annual revenue has surprisingly surpassed Ethereum for the first time. Who would have thought this once-derided public chain could make a comeback? The data is here, and no matter how you look at it, you have to admit that the ecosystem is voting with its feet.

On the exchange side, the days for Perp DEX are not going well—some leading leveraged DEX tokens have fallen below the cost price of the aid fund, and the market enthusiasm for such products is indeed cooling down.

These are some of the most discussed topics in the industry recently. The market changes every day, and what to pay attention to is also changing.