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A lot of posts saying DeFi on Solana > DeFi on Ethereum/EVM
But:
• Ethereum TVL is 8x larger (over 10x if include L2s)
• Most institutional-grade DeFi lives in EVM
• Network effects like Morpho/Euler/Aave + Curve + Pendle attract new DeFi protocols to build on EVM
• New concepts are likely born on EVM first, before they get replicated on Solana (e.g. Pendle-style or Ethena-like protocols)
I think the most interesting one on Solana right now is RWA/stocks as collateral on money market.
What else?