BlockBeats news, on December 23, DWF Labs stated that in 2025, over 19 billion USD in Get Liquidated cleared excessive leverage in the crypto market, shifting the market from a speculation-driven cycle to a balance sheet-driven market structure. The supply of stablecoins increased by over 50% year-on-year, with over 20 billion USD allocated to interest-bearing stablecoins, indicating that the crypto industry is moving from being merely a payment tool towards asset management. The scale of on-chain Real World Assets (RWA) expanded from about 4 billion USD to 18 billion USD, while the proportion of derivatives trading on DEX and CEX increased fourfold, marking that the crypto market is accelerating its transformation into a credible financial infrastructure.
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DWF Labs: In 2025, the crypto market will shift from a speculation-driven cycle to a balance sheet-driven market structure.
BlockBeats news, on December 23, DWF Labs stated that in 2025, over 19 billion USD in Get Liquidated cleared excessive leverage in the crypto market, shifting the market from a speculation-driven cycle to a balance sheet-driven market structure. The supply of stablecoins increased by over 50% year-on-year, with over 20 billion USD allocated to interest-bearing stablecoins, indicating that the crypto industry is moving from being merely a payment tool towards asset management. The scale of on-chain Real World Assets (RWA) expanded from about 4 billion USD to 18 billion USD, while the proportion of derivatives trading on DEX and CEX increased fourfold, marking that the crypto market is accelerating its transformation into a credible financial infrastructure.