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Crypto Sector Research

Free fundamental analysis across 10 crypto sectors. Compare net earnings, revenue quality, and risk scores.

Layer 1 Blockchains

Most Layer 1 blockchains are losing money — but the picture is shifting

19 projects analyzed

AI & DePIN

9 projects. Billions in market cap. Almost none of them make money.

15 projects analyzed

DeFi Protocols

DeFi made $2B+ in 2025. Most token holders saw $0.

24 projects analyzed

Layer 2s

Layer 2s fixed Ethereum's speed. They didn't fix the profitability problem.

13 projects analyzed

Infrastructure

Billions in market cap. Millions in fees. The picks and shovels myth.

14 projects analyzed

Staking & Restaking

Staking earns yield. But do staking tokens earn anything?

9 projects analyzed

Real World Assets

Real assets. Real yield. Tokens that capture none of it.

8 projects analyzed

Gaming & Metaverse

8 projects. $1.2B in market cap. Almost nothing in revenue.

14 projects analyzed

Payments & Settlement

$112 billion in market cap. Less than $2 million in annual fees.

12 projects analyzed

Social & Consumer

100M Brave users. Millions of World IDs. $2.5M in combined protocol fees.

9 projects analyzed

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