【Dark Forest Rule: Rational Survival 0001】Dusk, Can He Make It to the End?

#dusk $DUSK

Dusk was founded in 2018, a single-layer blockchain designed specifically for regulated and privacy-focused financial infrastructure. With its modular architecture, Dusk provides the foundation for institutional-grade financial applications, compliant DeFi, and tokenized real-world assets, with privacy and auditability built into its design.

🔍 DUSK Status vs. Your Investment Criteria

1. "Protocol Revenue" and "Deflationary Model"

· DUSK Status: The project does not have stable protocol revenue, and its economic model is not deflationary—on the contrary, it faces inflationary pressure (50% of tokens remain unreleased). The primary use of the token is for paying network transaction fees and staking, with its value entirely dependent on the growth of network applications.

· Your Criteria: Seeking projects with solid protocol revenue and a deflationary model.

· Conclusion: Does not meet criteria.

2. Project Ecosystem and Activity Level

· DUSK Status: The ecosystem is extremely inactive. 24-hour trading volume is only around $14,000, with fewer than 20,000 holding addresses, described as "limited liquidity and low trading activity." The price has dropped nearly 80% over the past year.

· Your Criteria: Values projects that solve real-world problems and have adoption.

· Conclusion: Current adoption is extremely low, and there is no proof it can solve real problems.

3. Opportunity and Uncertainty

· DUSK Status: The main opportunity lies in the narrative of a "compliant privacy finance chain," along with the planned collaboration with the Dutch exchange NPEX to tokenize €300 million in securities. However, this remains a long-term expectation.

· Your Criteria: Looking for projects that consistently and stably create value, rather than those driven solely by narratives.

· Conclusion: High narrative risk, extremely low probability of realization.

📈 Summary and Investment Recommendation

Key Metrics to Monitor: If you're still interested in its potential, focus on the DuskEVM mainnet launch in January 2026, and whether the €300 million asset tokenization partnership with NPEX is actually executed and generates real network activity.