While multiple public blockchains are still hesitating at the crossroads of privacy compliance, DUSK has already paved its own way—directly collaborating with the Dutch Authority for the Financial Markets and Morgan Stanley to conduct experiments.

Their Citadel protocol is interesting; its core logic is to encrypt transaction information so tightly that it’s impervious, yet regulators can still grasp the full picture through one-click audits. This design completely changes the old dichotomy of "privacy vs. compliance."

In terms of ecosystem development, they are more straightforward. In 2023, they invested $5 million directly to support more than a dozen privacy DeFi projects, and currently, over 120 million DUSK are locked on-chain. What does this number represent? Not just the confidence of token holders, but also the fact that the entire privacy application ecosystem is truly operational.