98.7% routing share means RWA swap UX is already consolidating at the solver layer, before spot liquidity has a chance to fragment across AMMs. For Ondo-style wrappers, gas abstraction and price discovery are the product: if users route through 1inch by default, Curve/Uniswap-style pool depth becomes backend inventory, not the venue traders remember. Thin tokenized-asset markets tend to ossify around the first flow sink with tolerable spreads.

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