> Whatever utility there is either very minor or refers to something in the future. That sums it up pretty nicely, at least for DeFi. Layer 1 currencies do ha

> Whatever utility there is either very minor or refers to something in the future. That sums it up pretty nicely, at least for DeFi. Layer 1 currencies do have utility as currency, albeit defined by adoption. I sometimes pay for my pizza in Bitcoin. Some banks use XRP as a SWIFT-style cross-border payment network.