The DePIN Explorer - DePIN Scan

April 1, 2025 - DeNet, a decentralized storage network that empowers people and businesses to regain ownership of their data while making data hosting more efficient and censorship-resistant, is entering a key phase of its growth with the exclusive Datakeeper Node Sale, scheduled for April 10-16, 2025. Up until April 7, 2025, users can reserve a node via DeNet’s website or mobile app, securing their spot in this short-window sale. Those who reserve and purchase nodes—dubbed “Datakeepers”—will soon be able to launch their nodes on peaq and begin earning rewards by storing others’ data, tapping into a global storage market that is set to reach $1 trillion by 2030. "With the rise of the AI industry, the demand for data centers has hit new heights, with the data storage market expected to hit $774 billion by 2032. AI, space, healthcare, and blockchain —industries prioritizing data security—and the surge in data generation make this sector more relevant than ever. Data storage is one of the main components of DePIN, and Datakeeper nodes will play a crucial role in shaping the future of truly decentralized and accessible data storage", says Rafik Singatullin, co-founder. In the DeNet ecosystem, launching a Datakeeper Node begins with a reservation. Running a node doesn't require any specialized equipment—anyone with just a PC can operate one from their home, office, or anywhere with internet access. Over time, each node builds its reputation, which directly impacts its potential earnings from ecosystem users. Anyone can get up to 10 nodes in the current sale—and this is a more thoughtful strategy, since each node works at full capacity and thus brings more income with the same amount of installed equipment. Running multiple nodes connected to different node pools fills your storage capacity faster and at the same time strengthens the whole network increasing its reliability and speed. Don’t miss out—reserve your node by April 7 to join the future of decentralized storage. For more details, visit DeNet’s website or download the mobile app (https://nodesale.denet.app/reserve/).

A recent report titled "The DePIN Token Economics Report" by Tom Trowbridge has shed light on the growing interest of traditional equity investors in Decentralized Physical Infrastructure Networks (DePIN). The report highlights how DePIN is revolutionizing real-world services such as Wi-Fi, energy, and computing. With over 1,000 projects and 3 million providers, DePIN has shown significant revenue traction, with hardware costs plummeting by 95% in recent years. Notably, Helium reported $350,000 in revenue for Q4 2024, while Geodnet achieved an annualized revenue of $3 million, showcasing the financial viability of these decentralized networks. Traditional equity investors, who have historically been skeptical of token projects, are now recognizing DePIN as a promising investment avenue. The report indicates that this investor demographic is significantly larger than that of alt-coin investors, primarily due to DePIN's tangible services and impressive revenue metrics. The buy-and-burn mechanisms employed by various DePIN projects, such as Geodnet and Hivemapper, further enhance the appeal by linking revenue directly to token value. This financial model provides a clearer benchmark for investors, as evidenced by Geodnet's $500,000 revenue in Q4 2024, which supports price growth in its tokens. Moreover, Trowbridge emphasizes the importance of simplicity in DePIN's token economics, suggesting that models should be straightforward to avoid confusion among investors. The report also highlights the necessity for transparency in the sector, especially in light of Helium's recent SEC charge for misleading investors. As DePIN continues to shift the narrative of cryptocurrency from speculation to utility, Trowbridge asserts that projects offering real-world services are scaling more rapidly and providing superior services at lower prices compared to their centralized counterparts. This shift could redefine the landscape of crypto investments, making DePIN a focal point for future growth in the industry.

In the ever-evolving landscape of decentralized finance (DeFi), Total Value Locked (TVL) serves as a critical metric for assessing the growth of various protocols. Recent data from Phoenix Group has revealed significant TVL increases across several projects in the past month, attracting the attention of investors and crypto enthusiasts alike. Among the top 15 projects, BUIDL has emerged as the standout performer, showcasing a remarkable 219% growth in TVL, which now stands at $1.8 billion. This tokenized money market fund, powered by BlackRock and built on the Ethereum blockchain, has seen its value triple in just three weeks, reflecting a heightened demand for secure crypto assets. Following BUIDL, Sonic (S) has secured the second position with a 171% increase in TVL, demonstrating the platform's growing influence since its rebranding from Fantom. Level Finance (LVL) comes in third with a 123% growth, attributed to its unique offerings in the DEX perpetual trading marketplace on the BNB Chain. Euler (EUL) and Sky (SKY) round out the top five, with TVL growths of 105% and 55.6%, respectively. Sky's recent rebranding from Maker to Sky has successfully attracted more users to its platform, further enhancing its market presence. Other notable projects that have seen impressive TVL growth include DeepBook (DEEP) with a 53.8% increase, Idle Finance (IDLE) at 51.9%, and Beethoven X (BEETS) with a 47.9% rise. The data highlights a vibrant DeFi ecosystem, with projects like Orderly Network (ORDER) and Pell Network Token (PELL) also making significant strides. As the DeFi space continues to mature, these growth metrics underscore the increasing interest and investment in innovative financial solutions within the blockchain realm.

The total value locked (TVL) in various cryptocurrency projects has seen remarkable growth, as highlighted in a recent research document by Phoenix Group, which utilizes data from DeFiLlama. TrueFi (TRU) has emerged as the leading project, boasting a TVL increase of $260.2k, equating to an impressive 424% surge. This growth positions TrueFi ahead of its competitors in terms of locked value, showcasing the increasing investor confidence in decentralized finance (DeFi) markets. Following TrueFi, three DeFi projects—Mint ($MINT), Maple ($MPL), and Zircuit ($ZRC)—have also experienced notable TVL growth. Mint currently holds a TVL of $1.5 million, while Maple and Zircuit report $454.4 million and $890.8 million respectively. This upward trend in TVL indicates a growing trust among investors and heightened activity within the DeFi sector, reflecting a broader acceptance of decentralized financial applications. Additionally, other protocols such as Note ($NOTE), Euler ($EUL), and Velodrome ($VELO) have shown substantial TVL increases, with values rising to $13.5 million, $377.1 million, and $66.7 million respectively. The overall growth in TVL across multiple platforms signifies a diverse and expanding DeFi landscape, driven by enhanced liquidity and user engagement. As protocols like $IDLE, $PUFFER, $BLUE, and $CPOOL report successive growth, the ongoing trends are reshaping the DeFi ecosystem, attracting more capital inflows and reinforcing the foundation of decentralized finance networks.