When paying attention to the Layer1 blockchain track, it was noted that @Dusk has been active recently. Established in 2018, this public chain focuses on compliance and privacy, and its development path is indeed worth neutral examination. DuskTrade, which will be launched in 2026, is an RWA application in collaboration with the licensed Dutch exchange NPEX, capable of putting over 300 million euros of tokenized securities on-chain, and has opened a waiting list. This layout directly addresses the compliance pain points of traditional financial asset on-chainization. The DuskEVM mainnet, which went live in the second week of January, is compatible with Solidity smart contracts, allowing developers to conveniently deploy applications and settle on Dusk Layer1, significantly lowering the integration threshold. Even more noteworthy is the Hedger function, which achieves auditable privacy transactions on EVM through zero-knowledge proofs and homomorphic encryption, particularly suited for regulated financial scenarios, with the Alpha version already launched. $DUSK relies on a modular architecture, having a clear positioning in the compliant DeFi and RWA fields, but competition in the track is fierce, and the subsequent landing effects and ecosystem expansion speed still need to be continuously observed. #Dusk