BLOCKWORKS ADVISORY

Quarterly Reports

Blockworks Advisory coverage of protocol earnings — reports and quarterly calls, in one place.

ALL COVERAGE

23

Protocol
Period
Description
Call
Published
Actions
Spark

Spark

Q2 2026
Spark Doubles Lending Market Share to 10.4% in Q2 as the Sector's Loan Book Contracts 30%

Jul 31, 2026
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Q2 2026
Raydium Posts $2.19M in Q2 Revenue as Tokenized Asset Volume Surges 274% to $2.09B. Treasury Assets Rise to $97.1M while CLMM Reaches 55% of Revenue.

Jul 29, 2026
Q2 2026
BNB Chain Lands First US Spot ETF as Tokenized Equities Draw $2.3B in Q2 Trading

Jul 28, 2026
Q2 2026
Aerodrome Volume Rebounds 32% to $45 Billion, Reclaims Base Majority. Trading recovers and the veAERO locked base hits a record, even as fee capture eases to 76% and the net loss widens to $6.6 million.

Jul 24, 2026
Q2 2026
BONKbot Reclaims 63% of Revenue as Bonk Weathers a 77% Solana-Wide Speculative Contraction in Q2

Jul 23, 2026
Q2 2026
Helium Q2 Revenue Slides 14% to $3.35M as Payer Rate Resets to $0.10/GB; Carrier Data Volume Still Up 20% QoQ

Jul 21, 2026
Q2 2026
Tokenized Equities Quadruple to $4.8B on Solana in Q2 as Network Captures 97% of Volume Across Chains

Jul 20, 2026
Q2 2026
Zcash Network Revenue Rebounds 72% in Q2 Even as a Circuit Bug Tests the Shielded Pool

Jul 17, 2026
Q2 2026
Hyperlend TVL grew by 29% among lending market contraction.

Jul 16, 2026
Q1 2026
BNB Chain Posts Strong Q1 as Tokenized Assets Climb to $3.6 Billion

Jun 3, 2026
Q1 2026
HyperLend Deposits Rise to $505 Million in Q1 2026 Despite Sector Credit Pullback

May 12, 2026
Q1 2026
Spark Posts Positive Q1 Net Income as USDS Scaling Offsets DeFi Lending Slowdown

May 10, 2026
Q1 2026
Kamino Q1 Revenue Hits $2.59M as RWA Deposits Double to $1.23B (+116% QoQ)

May 7, 2026
Q1 2026
Jito BAM Doubles Validator Stake Share to 28% in Q1; Revenue Reaches $2.33M

May 20

Apr 27, 2026
Q1 2026
Helium Carrier-Offload Revenue Jumps 62% in Q1 as DAUs Hit Record 3.5 Million

Apr 23, 2026
Q1 2026
Zcash Shielded Supply Climbs to 31% in Q1 Even as Activity Normalizes from Q4

Apr 16, 2026
Q1 2026
Raydium LaunchLab Revenue Jumps 61% in Q1 as Swap Fees Slide on Solana Slump

Apr 15, 2026
Q1 2026
Bonk Q1 Revenue Climbs to $10.44M (+45.7% QoQ) on 78.8% Surge in BONKfun

Apr 14, 2026
Q1 2026
Solana Captures 41% of Onchain Spot Volume in Q1, Leads RWA Lending at $1.23B

Apr 13, 2026
Q4 2025
Zcash Shielded Transactions Jump 224% QoQ in Q4 on Zodl Adoption, Governance Reform

Mar 12, 2026
Q4 2025
Raydium Posts $7.3M Q4 Revenue Amid Solana-Wide Contraction; Maintains 91% Margins

Feb 12, 2026
Q4 2025
Helium Q4 Revenue Hits $5.2M as Carrier Offload Surges 53% QoQ; DAUs Hit 2.53M

Feb 11, 2026
Q3 2025
Raydium Net Revenue Posts $24.3M (+69% QoQ) as LaunchLab Surges

Feb 9, 2026

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