The decentralized finance (DeFi) sector is experiencing a notable transition as investor interest wanes in speculative tokens, shifting towards protocols with tangible revenue streams. Over the past five years, many tokens have been overvalued due to speculative demand, particularly from retail investors seeking returns akin to Bitcoin. However, the emergence of platforms like Pump and projects with solid fundamentals, such as HYPE and CRCL, are reshaping the landscape. Investors are increasingly favoring tokens that offer clear revenue claims and sustainable business models, moving away from utility or meme-based assets. Notable examples include Curve Finance and Jupiter, which align token value with protocol income, reflecting a broader industry trend towards equity-like models in DeFi.