One of the big DeFi innovations to come out of this cycle is @0xfluid and specifically the Fluid DEX Smart debt and smart collateral essentially allows you to LP and earn trading fees on your debt and collateral in the Fluid lending market. And while the Fluid DEX is still in its very early days, it's clear to see how it improves on the current DEX landscape. As seen in the images, Fluid is quickly gaining marketshare across pools and counts for the majority of volume on weETH<>ETH and recently sUSDe<>USDT (66% mkt share after going live 3 days ago). On the most important market, USDC<>ETH, Fluid is up to 25% market share already. What's cool is that the growth trajectory is very obvious. Whenever a new market is added and capacity gradually increased, the majority of volume starts to flow through the Fluid DEX. Sooner rather than later, I expect that Fluid will become the dominant DEX across most of the largest EVM chains.