Comparing everything to everything else is one of the fastest ways to turn discovery into confusion. The better approach is to compare protocol categories by how they create opportunity, not just by how much attention they receive.
Start with the problem each category solves
Launch tools, derivatives protocols, and RWAs all attract attention differently because they solve different problems. Once you define the job of the category, the metrics you care about become clearer.
Use category-specific expectations
A healthy derivatives protocol does not need to look like a healthy launchpad. A healthy launchpad does not need to look like a healthy RWA project. Category-aware expectations keep your comparisons honest.
Only compare across categories after the internal shortlist is clear
Once you know the strongest names inside each lane, cross-category comparison becomes useful. Until then, it usually just creates noise.