One generation version, one generation god! This round of Crypto Cycle features three projects with innovative paradigms: 1) @ HyperliquidX: Its innovation lies in commercializing the "listing" process, replacing bribery negotiations with spot auctions. Improved the fairness and transparency of coin listing, striving to use market mechanisms to screen out truly valuable projects. 2) @ UseUniversalX: Its innovation lies in the use of "chain abstraction" underlying multi chain seamless trading technology, upgrading a new non custodial but comparable to CEX trading experience. Using the logic of 'good products speak', we have brought Crypto from the era of engineering implementation to the era of product experience competition. 3) @ KaitoAI: Its innovation lies in the Crypto ecosystem, where there are countless assets on the chain, using mechanisms such as KOLs, Mindshare, and Yaps to form a positive flywheel, forming a unique "attention" economic niche. By using social and community-based means, the project has enhanced the user stickiness and asset dissemination competition barriers required by the project party. Why not mention it@ pumpdotfun ？ Toxic!