Why is no one talking about the $140T commodities market being completely ignored by DeFi?

Genuine question because this has been bothering me for a while.

DeFi conquered crypto trading. We got DEX aggregators, perps, options, the whole nine yards. We got lending protocols that actually work. Everyone's obsessed with RWAs now (tokenized treasuries, real estate, bonds) but somehow commodities (the original real-world assets) are getting zero attention.

The $140 trillion commodities market (oil, natural gas, metals, agriculture, the stuff that literally runs civilization) is still operating on infrastructure from the 1980s. Settlements take 2-3 days. Margin requirements lock up insane amounts of capital. Operational costs eat 30-50% of potential efficiency. It's genuinely archaic.

Why hasn't crypto touched this? The tech exists. Sub-100ms execution is possible onchain. T+0 settlement. Collateral efficiency that blows traditional markets out of the water. So what's the holdup? Regulatory friction? Liquidity chicken-and-egg problem? Or does nobody care because tokenizing oil futures isn't as sexy as the next memecoin pump?

Curious if anyone's tracking projects building in this vertical or if I'm just shouting into the void here.