Review by: Jason Dominique, co-founder and CEO of ONCHAIN® Labs
Over the years, whenever we’ve explained what we’re building, the reaction has been familiar. There is curiosity, a little skepticism, and then almost always the question arises:
“If this is such a big problem, why hasn’t it been solved yet?”
The answer is not that the industry didn’t notice it, or that the technology was too immature to deal with it. Access remained broken because fixing it properly required redesigning how coordination, execution, and billing worked together, and leaving it broken was both easier and cost-effective.
By “access” we mean the path between intent and ownership: the rules, intermediaries, and detours that determine whether someone can reach an onchain resource directly or only through a platform that controls the route.
For much of the industry’s history, access was treated as something that users must acquire or purchase before participating. Assets must be replaced. Wallets need to support them.
What began as a pragmatic workaround evolved into a lasting economic structure.
If the resource is listed, access is directly earned. If this is not the case, the native resource required to achieve this goal will still earn money. Either way, the detour pays off, regardless of the user’s intentions.
In practice, this has led to a widespread, largely imperceptible redirection of value. Currently, significant onchain volume is not implemented directly against the resources that users intend to reach, but is first routed through the intermediary-controlled native resources required to transact on each network.
Access scarcity has become an economic artifact
As onchain asset creation has accelerated, platforms have encountered real limitations. No exchange, wallet or deposit ramp could realistically reveal everything. The shortfall did not occur in terms of liquidity or settlements. It appeared in distribution.
Advertisements became gateways. Routing decisions determined reachability. Once these diversions proved profitable, they were no longer ephemeral.
It wasn’t a moral failure. This was an incentive-based outcome. Monetizing access required much less coordination, capital, and risk than redesigning the way users directly access onchain resources. Once agents realized that the detour itself could be priced, there was no reason to remove it, especially when removal required major architectural changes that few teams could afford.
Over time, users were trained to accept detours as normal. Acquiring intermediary-controlled native assets unrelated to the intention. Linking values between chains. Approving unclear transactions. These steps stopped feeling frictional and became inevitable.
An unspoken economic tax on participation emerged, levied not in explicit fees but in upfront assets, extra steps, delayed execution, and abandoned intent.
The execution has matured, but the access has not
Although access remained economically circumscribed, the execution layer expanded rapidly. Automated market makers, permissionless liquidity, and composable shrewd contracts have made execution a largely solved problem.
These systems were never intended to be destinations. They dealt with plumbing. In the early days, interfaces were necessary, so decentralized exchanges became places where users “went” and on-ramps became gateways. Over time, the industry confused these interfaces with the infrastructure itself.
Related: An overview of intent-based architectures and applications on blockchain
This confusion is now being cleared up. People no longer consciously move around execution sites. Trading is increasingly taking place in wallets and apps, with execution being deferred.
The data reflects this change. In 2025, the ratio of DEX to CEX spot volume exceeded 21% and peaked above 37% at the beginning of the year. Centralized platforms still matter, but decentralized execution is becoming the default solution, regardless of where users interact.
When execution takes a backseat, the remaining bottleneck becomes impossible to ignore.
Builders run into the ceiling
For builders, access has quietly become a limiting factor. Reaching users often requires relationships, offer approvals, or forcing users to exploit native resources unrelated to the core value of the product.
This distorts incentives. Innovation slows not because ideas parched up, but because permissions become a bottleneck. Teams optimize for gatekeepers, not users. Distribution depends on capital and relationships, not importance.
The scale makes the problem worse. Even after emissions snail-paced down in 2025 tens of thousands of tokens continued to run every day. List-based access lags behind permissionless creation.
Unauthorized emissions combined with permitted access do not create open markets. It causes fragmentation.
Access moves to the transaction layer
The alternative is not another marketplace or aggregator. This is a recent definition of where access lives.
In intent-based and abstract systems, users express outcomes, not routes. Trades dynamically acquire liquidity, assets and execution at the protocol level. Access ceases to be something provided by platforms and becomes something enforced by the network itself.
This change is structural. Solving access at the transaction level requires profound changes in coordination, execution, and settlement, changes that have been costly, risky, and snail-paced to implement. This is why monetized detours have persisted for so long.
Once access becomes web-native, the economics of the stack will change. Auctions lose their influence. Discovery becomes an emergent, rather than negotiated, issue. Smoothness competes on build quality, not placement.
The execution works. Settlement scales. Value moves instantly and globally. The question remains whether access will continue to be routed through detours that users have not taken.
A noiseless but irreversible transition
This transition won’t happen with a single protocol launch or headline-grabbing announcement. Systems built on structural friction rarely evolve overnight.
Access is getting closer to completion. When this happens, the center of gravity in cryptography shifts away from intermediaries and back toward the network.
The change won’t be noisy. It will be structural in nature. By the time access becomes “resolved”, the elderly gates can no longer be justified.
Review by: Jason Dominique, co-founder and CEO of ONCHAIN® Labs.
This review represents the author’s expert opinion and may not reflect the views of Cointelegraph.com. This content has been editorially reviewed for clarity and relevance. Cointelegraph remains committed to limpid reporting and the highest journalistic standards. We encourage readers to conduct their own research before taking any action with the company.
