DePIN
Worst 2025 performer (-77%) yet the sector books real revenue (~$150M/mo). That divergence = classic bombed-out, cash-flowing bottom. Not momentum today — a contrarian accumulation zone. Hunt the tiny, revenue-generating niches (mapping, vehicle data).
DePIN (Physical Infra)
COLD| 1 | Bittensor | $3.1B | AI-compute subnets (also AI sector) |
| 2 | Internet Computer | $1.5B | Decentralized cloud/web hosting |
| 3 | Render | $1.2B | GPU compute marketplace |
| 4 | Filecoin | $0.8B | Decentralized storage, 5+ yr uptime |
| 5 | BitTorrent | $0.3B | P2P bandwidth |
Decentralized wireless — Helium Mobile: real $20/mo plan on community hotspots
Geospatial / mapping — Hivemapper — dashcam-sourced live maps, tiny cap
Vehicle & sensor data (DIMO) — 220K+ cars; sells mobility data — real revenue
AI/GPU compute — Demand pull from AI training/inference
Energy grids — Very early; large TAM
Thesis: Worst 2025 performer (-77%) yet the sector books real revenue (~$150M/mo). That divergence = classic bombed-out, cash-flowing bottom. Not momentum today — a contrarian accumulation zone. Hunt the tiny, revenue-generating niches (mapping, vehicle data).
FAQ
- Is DePIN still growing in 2026?
- Worst 2025 performer (-77%) yet the sector books real revenue (~$150M/mo). That divergence = classic bombed-out, cash-flowing bottom. Not momentum today — a contrarian accumulation zone. Hunt the tiny, revenue-generating niches (mapping, vehicle data).
- What are the top DePIN projects?
- Bittensor, Internet Computer, Render, Filecoin, BitTorrent.
- What are the emerging niches in DePIN?
- Decentralized wireless (Helium Mobile: real $20/mo plan on community hotspots) Geospatial / mapping (Hivemapper — dashcam-sourced live maps, tiny cap) Vehicle & sensor data (DIMO) (220K+ cars; sells mobility data — real revenue) AI/GPU compute (Demand pull from AI training/inference) Energy grids (Very early; large TAM)
Educational content, not financial advice. Back to all sectors →