Hotcoin

Hotcoin Research | April 6, 2026 - April 10, 2026

DeFi lending in the V4/V2 era is moving towards a professional, modular, and institution-friendly financial operating system.

The year 2026 is not the endgame, but an open qualification round, where the outcome depends on the final flow of stablecoins, RWA, and on-chain capital.

The focus of competition is not "whether to go on-chain," but who can occupy a core position in the new infrastructure.

The evolution trend of the future exchange's "financial supermarketization": The ultimate outcome of TradFi may not just be the launch of more assets, but rather the accumulation of stablecoins, cross-market circulation, and the reconstruction of a multi-asset risk control system.

Currently, the total market value of cryptocurrencies is $3.1 trillion, with BTC accounting for 59.2%, which is $1.83 trillion. The market value of stablecoins is $308.1 billion, decreasing by 0.75% in the last 7 days, with USDT accounting for 60.57%.