X @mert | helius.dev
mert | helius.devยท2025-09-17 23:15
ok so this is interesting for DATsif it's easier to do ETFs and specifically staking ETFs for these coins, then DATs are marginally less attractiveand the supply for these coins on the institutional side increases relative to demandwhich means that DATs need to start going farther along the risk curve to competeso a few reasonable conclusions to make:- more capital will go to DeFi- with compressed timelines, the bigger DATs have a better chance of eating up smaller ones (think a SOL DAT eating another alt c ...