this is why you back category leaders, they drink everyone else's milkshake & create a liquidity moat.
"For to everyone who has, more will be given, and he will have an abundance; but from the one who does not have, even what he does have will be taken away"

In many defi sectors almost all revenue is captured by the top 2 market participants, basically most crypto verticals are turning into duopolies
credit to @joeljohn (based on defillama data)

0xngmi

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