yup, and it’s because all of these build something people want. trading, prediction markets, and perps are both fun and people use them because there’s something new to do most of the time.
stables and fintechs are boring and useful as 1) utility (stables) for all of the above and 2) they solve problems for businesses that use onchain fintech.
for example, in our sector (RWAs) we’re doing well because: asset managers get new capital + distribution, are gaining capabilities of doing onchain fund admin (tools we build/sell for them to do reporting to various regulators), and (for some) tokenized assets being onchain results in higher earnings (with time).