DeFi’s early growth was powered by token incentives, but that model has limits.

As yields compress, the market is moving toward a more durable foundation: real-world assets and yield-bearing stablecoins backed by yield from underlying assets.

RWAs bring something DeFi has been missing: clearer asset backing, stronger risk structures, and infrastructure that institutions can assess.

https://www.coingecko.com/learn/defis-dopamine-hit-rwa-offers-something-real