🧠 Memecoins drive Solana fees. 🏛️ Wall Street moves on-chain. 💥 $42M exploit tests protocol resilience. Here’s what actually mattered in DeFi this week. This is your Dispatch 🧵

🔎 Why it matters: It’s more than memecoins — Let’sBonk shows how UX + security layers can reshape onchain launch dynamics. 💭 Are memecoins now driving real innovation in DeFi infra?

🔎 Why it matters: If trading @Apple and @Tesla on-chain becomes the norm, DeFi rails might finally meet mainstream demand. 💭 Will tokenized stocks be DeFi’s killer app?

🔎 What to watch: Kinetiq is betting big on flywheel mechanics, but mass unstaking could test HYPE’s market stability. 💭 Can new protocols balance launch buzz with token pressure?

🔎 Why it’s big: This brings decentralized BTC collateral to a performant, non-EVM chain, opening up fresh DeFi real estate. 💭 How far will BTC liquidity drive non-EVM DeFi ecosystems?

🔎 What this signals: Protocols are leaning into transparency and incentives, even amid crisis. 💭 Would you see a bounty as a sign of strength or risk?

DeFi’s evolving fast — from memecoins with mechanics to tokenized equities with intent. Infra’s improving. Institutions are circling. The frontier’s still weird. Which move mattered most to you this week? 👇