The buzz around the DuskEVM mainnet launch is growing louder, and many are starting to consider what it could bring to the ecosystem. In fact, the DuskDS upgrade in December last year already hinted at this—laying the groundwork for EVM compatibility. Now that the technical side is basically ready, only the official release remains.

What does EVM compatibility mean? Simply put, Ethereum developers can onboard smoothly. Solidity contracts, MetaMask wallets, ready-made DeFi toolchains—all can be used right away. For a new chain, this is essentially an accelerator for ecosystem cold start—no need to spend effort cultivating developers from scratch.

Currently, some pioneers are already exploring the ecosystem. PieSwap is working on DEX, Piebank is testing lending services on the testnet. But frankly, on-chain activity is still a bit quiet. The DEX’s TVL is only $940,000, and daily active address data is almost unavailable, indicating that the user base has not yet taken off.

However, the turning point might be hidden in RWA applications. Dusk’s real strength isn’t about competing for a slice of existing DEXs or lending protocols, but targeting financial innovations with strict privacy compliance needs—such as tokenized money market funds, private equity certificates, and bond issuance platforms. Traditional DeFi chains simply can’t do these because they lack privacy layer support.

Recently, the community held a vote asking users what type of dApps they most want. The results were quite interesting—besides the usual DeFi tools, many voices emphasized privacy features. This shows that the demand is real; the key is whether developers can keep up with the pace.

Once DuskEVM is truly launched, and a few capable RWA applications start operating, the value dimension of the ecosystem will undergo a complete transformation. But this certainly won’t happen overnight. The current price fluctuations are more about digesting expectations themselves.