Rayls

Rayls (RLS) distinguishes itself as a high-conviction enterprise infrastructure play, successfully bridging the gap between Traditional Finance (TradFi) and DeFi through its 'UniFi' architecture. The project excels in 'Market and Use Case' and 'Security,' evidenced by tangible adoption with the Central Bank of Brazil (Drex pilot) and major entities like JP Morgan and Núclea. This real-world utility is bolstered by Parfin's SOC 2 certified infrastructure and a highly credible, publicly known team. However, the project's strength is also its weakness regarding decentralization: it operates with a 'corporate' profile, characterized by low public code velocity and a token distribution where 85% of supply is initially controlled by insiders and the foundation. While community numbers are massive (300k+ waitlist), engagement is largely incentive-driven. Overall, RLS offers a robust, compliance-first value proposition that sacrifices permissionless ethos for institutional viability.