DUSK indeed holds a somewhat unique position in the RWA track. As a privacy Layer1 established in 2018, it aims to solve a very practical core issue—privacy and compliance often conflict when financial assets are on-chain. DUSK's approach is to achieve transaction privacy through zero-knowledge proofs and the Citadel protocol, while maintaining transparency requirements for KYC/AML audits. This technical route remains attractive to institutional users.

In terms of ecosystem actions, a recent tangible example is the €300 million security tokenization project in collaboration with the Dutch NPEX exchange. Additionally, they have integrated Chainlink for cross-chain interoperability, with an ecosystem fund support of 15 million DUSK. DUSK's use cases include staking mining, paying Gas fees, and serving as collateral for assets on-chain. In the trillion-dollar RWA market imagination space, projects that combine technical barriers with practical applications are indeed often underestimated by the market.