The truly interesting protocols are often not the loudest ones.

But those projects that quietly change user habits.
@Hypercroc_xyz has recently given a very obvious impression.
It is gradually converting high-frequency traders in the Hyperliquid ecosystem into long-term asset management users.
Many people, when first encountering it, think it's just another farming project.
But upon closer inspection of the mechanism, that's not the case.
The official binds XP, NFTs, fund holding periods, and community behavior together, essentially to strengthen user retention. The longer they stay, the higher their weight. (HyperCroc)
The impact of this design is deeper than many people imagine.
Because one of the biggest problems in DeFi in the past was the lack of user loyalty.
They went wherever the APR was high.
They rushed wherever there was a big airdrop.
But now, more and more protocols are realizing that what truly matters is not the instantaneous TVL, but sustained active relationships.
Especially after Perp DEX has become the industry mainstream trend, on-chain trading is no longer just about trading itself, but will gradually evolve into a complete financial behavior ecosystem. (CoinGecko)
And $CROC this kind of ecosystem-oriented points and incentive system, to some extent, is more like a prototype of a user identity system.
This might be the real thing worth paying attention to.
@Hypercroc_xyz $CROC @wallchain @TermMaxFi @River4fun @RiverdotInc