When building products, focus on cyclical patterns, not just chasing trends.

Hype comes and goes quickly. Only products that truly solve problems can stand the test of time.

KernelDAO’s TVL has remained steady at around $1.5 billion, weathering several bull and bear cycles—not by luck. The combination of liquid staking and vault strategies continues to create value regardless of market sentiment.

Now, they’re extending this approach to institutional lending with the launch of Kred.

Simply put, sustainable growth never comes from storytelling alone. You have to solve real problems with real solutions—only then will users pay and funds stick around. In the end, the market rewards teams that focus on solid execution.