On-chain data shows that as of January 2026, DUSK's average daily trading volume on mainstream DEXs was less than $500,000, and it was only listed on a few second-tier platforms on CEXs. This low liquidity is often interpreted as "market lack of acceptance."
However, a more accurate reason is the lack of high-frequency use cases for DUSK.
Gas supports EURC/USDC payments, but over 90% of users choose stablecoins;
XSC contract interactions do not consume DUSK;
There is no protocol revenue, no buybacks, and no ecosystem incentives;
Government voting frequency is low (2-3 times per year), and the participation threshold is high.
This means that even if you are optimistic about Dusk's long-term prospects, you cannot find a reason to continuously buy or use DUSK. It is not "fuel" like ETH, nor is it tied to RWA yields like ONDO, and it doesn't even support a meme ecosystem like SOL.
DUSK's value relies entirely on the single narrative of "future institutional adoption," a narrative that cannot be disproven or confirmed in the short term.
Conclusion: DUSK's liquidity predicament is essentially a lack of functionality, not a lack of faith. It was designed as an "institutional anchor," yet it wasn't given a role in the everyday economy. In a market where value is driven by usage, a silent token is destined for marginalization.
@Dusk_Foundation $DUSK #Dusk
