DePIN Market Cap by Category (in US $ Million)
13 August 2024•
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As of mid-April 2024, the market for DePIN has achieved a substantial market capitalization of US $36.58 billion, spread across 789 projects.
The sectors of Compute and AI dominate, representing over 80% of the DePIN market. Moreover, the top 20 projects across all categories contribute 70% of the total market capitalization.
Leading the charge are notable projects such as Bittensor and Fetch.ai in the AI category, and Filecoin and Render in Compute with a combined Market Cap of US $12.6 billion.
These figures underscore the significant concentration of market value within a select few high-impact projects within the DePIN ecosystem.
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We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
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