Three powerful narratives have emerged within the grand narrative of RWA. First, stablecoins themselves. Second, public chains like Plasma and X Layer. Third, Perp DEXs like Hype and Aster. These are all RWA infrastructure, preempting the market before the full-scale explosion of RWA. Otherwise, wouldn't everyone be curious? Perp DEXs aren't new, so why did they suddenly explode? Even Drift is experiencing breakthroughs.