As a Wall Street crypto analyst with CFA credentials and a Bloomberg Terminal habit, I’ve watched the DeFi space evolve from wild speculation to something far more structured. With SEC’s SAB 121 repeal and the GENIUS Act gaining momentum, institutional-grade DeFi is no longer a hype cycle — it’s a financial revolution. In this deep dive, I break down how protocols like Spark, Maple Finance, and Orbital AMM are redefining trust, capital efficiency, and yield in a compliant, scalable way. This isn’t just another summer — it’s the birth of the chain-native financial system we’ve been waiting for.