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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; Artificial Intelligence; Liquid Staking; Derivatives.

  • 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; Service.

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

  • Artificial Intelligence: We looked at projects in the areas of Smart Ledgers; AI-Powered Services.

  • Liquid Staking: We looked at projects in the areas of Liquid Staking Tokens; LSDfi / LSTfi.

  • Derivatives: We looked at projects in the areas of Perpetual Futures; Options; Fixed Yield & Swaps; Structured Products.


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