最新报道:DeFi protocols generated around $600 million in fees in September, rebounding from a 12-month low of $340 million in March—a 76% increase over six months, led by Uniswap, Aave, and Ethena. This recovery coincides with a shift toward traditional financial metrics, as protocols adopt buyback programs and value-accrual mechanisms to align with institutional investors, moving away from meme-driven narratives. While these strategies resemble traditional finance, tokens retain unique functions like governance and utility, signaling a growing emphasis on fundamentals in valuation.