Messari: Financing in the DePIN field increased by 296% year-on-year, and the total market value increased by 400% to US$20 billion
Messari stated in a post in X month that as of August, the DeFi Infrastructure Protocol Network (DePIN) sector has continued to grow, with financing increasing by 296% year-on-year and total market value increasing by 400% to $20 billion. In terms of market value, seven of the top eight DePIN protocols are Digital Resource Networks (DRN), with a total market value of $12.2 billion. Helium is the only Physical Resource Network (PRN) to enter the top 8 in terms of market value. However, the growth in market value is not related to the growth in revenue, and the revenue of all DePIN protocols remains low. The overall sluggish revenue growth reflects that the DePIN industry continues to be mainly limited by demand.
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