I've been looking at RWA recently, and there's a rather obvious logical fallacy. Many people think RWA is simply putting real-world assets on the blockchain. But if it's just mapping, liquidity is practically nonexistent. It's missing a layer of financial structuring. This is why I'm paying attention to RateX ($RTX). On the surface, it looks like a DEX, but its core isn't matching trades, but rather breaking down those non-standard, complex off-chain assets, into standardized products that can be understood, priced, and circulated on-chain. In short: it's not about whether assets can be put on-chain, but whether money dares to come in. This requires a lot of skill from the team. They have a typical traditional finance background; they're not just transferring assets, they're restructuring them. If RWA is to truly scale, it's highly likely that this kind of infrastructure capable of handling large amounts of capital will be unavoidable. RateX currently gives the impression of being: stable, slow, but on the right track.