BitMart founder Sheldon Xia has released a comprehensive analysis advocating for LayerFi as the future of on-chain finance. Published on October 14, 2025, Xia's analysis describes LayerFi as a systemic innovation that integrates decentralization, security, and user experience through a three-layer architecture. This model includes a decentralized settlement layer, a high-performance execution layer, and a user-friendly application layer.Xia argues that LayerFi overcomes the limitations of both decentralized finance (DeFi) and centralized finance (CeFi), providing a scalable and compliant framework for broader adoption. The analysis also emphasizes the importance of Real-World Assets (RWA), composability, security, and regulatory compliance in establishing a sustainable LayerFi ecosystem.