monad launching at $7b with 20+ dapps ready day one. aptos and sui launched with 2-4 partners and took 6 months to get basic defi. every other l1 was promises, monad has products. but at $7b the l1 is priced for perfection. the 50x trades are the ecosystem tokens launching at $5-50m fighting for dominance on a chain with 10,000 tps capacity ...

Revenue Generation - Hyperliquid builders generated $13.5 million in revenue through over 200 integrations [1] Ecosystem Dynamics - Asymmetric upside exists in ecosystem tokens due to builder revenue generation [1] - November's $237.8 million hype unlock becomes less significant when focusing on farming protocols [1]