#dusk $DUSK @Dusk

Everyone talks about Dusk as regulated privacy infrastructure. But the chain itself is quietly asking a tougher question: do users actually want privacy badly enough to use it?

Right now, most don’t. Over the last day, Dusk processed about 150 transactions—and only a handful were shielded. That’s roughly 2–3% choosing privacy by default. The rest ran in Moonlight mode, basically opting for convenience over confidentiality.

At the same time, over a third of the supply is staked, earning a high APR. That tells you where behavior is concentrated: holding and yielding, not moving capital through the privacy rail. Even supply numbers still feel fuzzy across trackers, which adds to the sense that the market is pricing what Dusk could become, not what it’s being used for today.

The takeaway is simple: Dusk’s real inflection point won’t come from another RWA headline. It’ll come when shielded transactions stop being a novelty and start being normal. When users choose privacy without being nudged—that’s when the thesis graduates from narrative to reality.