Next Frontier category I looked at: DeFi 👇 515 projects entered this macro area across DeFi, Markets & Exchanges, Token Launch/Tokenomics and Stablecoins After scrolling through the projects, this side of Frontier seems to be forming around a few clear DeFi primitives: • Onchain funds need self-custody and transparent management Example: @DefundsFinance, onchain asset management on Solana • Credit needs proof, not just collateral Example: @uLendMe, proof-backed launch capital for builders • Token launches need better capital formation Example: @sagapad_icm, a capital formation engine for Solana projects • Perp markets want to be permissionless Example: @PercolatorTrade, letting anyone launch perp markets for Solana tokens • Yield needs to stay liquid and composable Example: @backyard_fi, a yield manager for stablecoin, RWA and stock vaults • DeFi credit needs to reach everyday spending Example: @xplaceapp, a crypto credit card for spending without selling assets • Stablecoins need local financial rails Example: @norafinancexyz, Brazilian Real stablecoin infrastructure for neobanks The strongest DeFi angle here is simple: more financial products moving from speculation to usable rails. What Frontier DeFi project are you watching most closely?