In physics, there is a phenomenon called gravitational lensing: massive celestial bodies bend the surrounding spacetime, magnifying and distorting the light from distant objects. The same thing is happening in DeFi.

These DeFi protocols that gather massive capital and use algorithmic intelligence to allocate resources are like a "massive object." The liquidity they aggregate is redefining the way value discovery works.

In traditional markets, what does value discovery rely on? Retail investor sentiment, judgments of individual large investors, and various biases. As a result, many niche protocols with real technical content, well-designed token economics, and active communities end up being overlooked. But when a large liquidity protocol begins to continuously allocate capital based on multi-dimensional data—such as technical innovation indicators, token health, community vitality, and real revenue—the situation changes.

What will happen? Three things:

**Price signals change.** The token price of a small protocol is no longer just a reflection of retail sentiment. The valuation judgments of smart capital start to be incorporated into the price, making signals clearer.

**Attention is amplified.** Everyone watching the capital flow of large liquidity protocols is paying attention. Additional liquidity, developers, and users automatically come knocking.

**Ecological niche upgrades.** With sufficient liquidity, protocols can offer a better user experience and more robust financial models. A positive feedback loop is created, making them stronger and stronger.

Ultimately, these large liquidity protocols are not just market participants; they are transforming the very structure of the market itself. How this power is used is not only about returns but also a matter of systemic responsibility.