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  • The Industry Map provides an overview of the crypto ecosystem. In this report, we break down different verticals into subcategories, and lay out a few projects in each of them.

  • In this iteration of the Industry Map, we covered seven verticals - Infrastructure; DeFi; NFTs; Gaming; Consumer Crypto; DePIN; Real-World Assets.

  • Infrastructure: We looked at projects in the areas of Scalability and Fairness; Data Usability and Tooling; Security and Privacy; Cloud Networks; Connectivity.

  • DeFi: We looked at projects in the areas of Issuance; Liquidity; Trading; Risk Management.

  • NFTs: We looked at projects in the areas of Marketplace; Financialization; Services.

  • Gaming: We looked at projects in the areas of Games; Game Development; Player Experience; Analytics.

  • Payments/PayFi: We looked at projects in the areas of Application Layer; Financing Layer; Settlement Layer.

  • AI & AI Agents: We looked at projects in the areas of Decentralized AI; Agentic AI; Backend Infrastructure; Decentralized AI Applications.

  • Memecoins: We looked at projects in the areas of Platforms; Price Analytics; Memecoins.


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