Crypto ETFs
Funding and M&A
US Markets
Applications
Centralized Exchanges
Blockchains
L2 Blockchains
Launchpads
Lending
Vaults
Perp DEXs
Spot DEXs
Treasury Companies
Bitmine
Forward Industries
Hyperliquid Strategies
SharpLink
Aptos
Avalanche
Berachain
Bitcoin
BNB
Cardano
Celestia
DATA Network
Ethereum
Fogo
Hyperliquid
Monad
Near
Plasma
Polygon PoS
SKALE
Solana
Sui
Tempo
Thorchain
Tron
XRP Ledger
Zcash
Arbitrum
Base
Celo
Fluent
Ink
Katana
Mantle
MegaETH
OP Mainnet
Robinhood
Unichain
Worldchain
ZKsync Era
Aerodrome
Archer
edgeX
Ekubo
Ellipsis Labs
Hyperliquid
Jupiter
Lighter
Manifest
MetaDAO
Meteora
Orca
PancakeSwap
Raydium
AlphaQ
Aquifer
BisonFi
GoonFi
HumidiFi
Quantum
Scorch
Tessera
ZeroFi
Jupiter
edgeX
Hyperliquid
Lighter
DFlow
Jupiter
Titan
Aave
Aries
Compound
Euler
HyperLend
JustLend
Jupiter
Kamino
Maple
Morpho
Spark
USD.AI
Veda
Morpho
Kamino
Euler
Pump.fun
Bonk
Virtuals
Zora
Polymarket
Kalshi
Ore
Collector Crypt
Courtyard
Phygitals
Axiom
fomo
Infinex
Phantom
Seeker
Jito
Marinade
Ethena
Metaplex
PreStocks
Sunrise
Akash
DoubleZero
GEODNET
Helium
Umbra
RAILGUN
OP Stack
ZKsync Elastic Network
Bitcoin ETF
Ethereum ETF
About this Metric
Margin here is net of buyback, but isn't net of COGS (cost of cards burn/redeemed by users who won from Gacha)
Net revenue is net of Gacha Buybacks only.