Since bottoming out, this DeFi app's native token has climbed over 70%. The mechanics backing this move are worth examining—the protocol channels 80% of fees directly into weekly buybacks rather than relying on continuous token emissions. That's a sustainable revenue loop, plain and simple, which already puts it ahead of most competitors in the space.

But here's the thing: the major catalyst is still on the horizon. An iOS app launch is coming soon, which could expand accessibility significantly and potentially unlock new user growth. The combination of solid tokenomics and tangible product expansion creates an interesting setup for what comes next.