Industry Reports

According to DefiLlama, Hyperliquid, EdgeX, and Pump.fun collectively distributed $96.3 million in revenue to token holders over the past 30 days. Hyperliquid led with $50.95 million in distributions from total revenue, returning all proceeds directly to holders with zero incentive spending. Pump.fu

According to ChainCatcher, Base's x402 protocol payments totaled more than $100 million in Q1 2026. Over 90% of on-chain AI agent stablecoin transactions occurred on the Base network.

Trump Media reported a net loss of $406 million in the first quarter, with cryptocurrency asset impairments significantly contributing to the decline. The company's digital asset holdings experienced substantial paper losses during the

Trump Media 公布 2026 年 Q1 淨虧 4.06 億美元、營收 87 萬美元。虧損主因為未實現減損：BTC 2.44 億、股票 1.082 億、其他未實現減損合計 3.687 億；Q1 現金流正 1790 萬美元。持有 BTC 9,542 顆、CRO 7.561 億顆，市值約 BTC 6.47 億、CRO 約 5300 萬美元。虧損屬非現金，若 BTC 後市回升可回沖。另 ABTC Q1 虧 8,200 萬美元，挖礦量創 817 顆。

According to CertiK, cryptocurrency holders lost approximately $101 million from wrench attacks in the first four months of 2026, with 34 verified incidents globally—a 41% increase from the same period in 2025. If the trend continues, the firm estimates hundreds of millions in losses for the full

According to company filings, Trump Media & Technology reported a $405.9 million net loss for the first quarter of 2026, with unrealized losses on cryptocurrency holdings accounting for roughly 60% of the total loss. Unrealized losses on digital assets totaled approximately $244 million. The compan

According to Glong Hui, American Bitcoin reported on May 7 that the mining company posted an $82 million net loss in the first quarter, marking its second consecutive quarterly loss. Revenue declined approximately 20 percent to $62 million, driven by declining bitcoin holdings value. The company

根據渣打銀行（Standard Chartered）近日發布的最新全球穩定幣研究報告，全球穩定幣發行規模已突破 3,200 億美元，2026 年第一季穩定幣總交易額超過 28 兆美元，創下單季歷史新高。報告指出，非美元穩定幣具有顯著擴張空間，台灣評分與新加坡市場相當。

據 Decrypt 於 5 月 9 日報道，比特幣礦企及資料中心營運商 TeraWulf（WULF）公布 2026 年第一季財報，錄得凈虧損約 4.27 億美元。季度總營收 3,400 萬美元，其中 AI 高效能運算（HPC）業務收入達 2,100 萬美元，為 TeraWulf 歷史上首季 HPC 收入超越比特幣挖礦。

According to a16z Crypto, tokenized real-world assets (RWA) have exceeded $300 billion in size, growing 10-fold over the past two years. U.S. Treasury bonds account for nearly half of the total, with the asset class expanding to include government debt, commodities, equities, and private credit on-c

TeraWulf 2026 年 Q1 首度出現 HPC 租約收入超越比特幣挖礦收入，佔總營收 62%、主因為 Core42 的長期資料中心合約；但本季淨虧 4.276 億美元，主要因非現金之認股權證重評價與利息成本。公司以 Hawesville 收購 3.019 億美元推動擴張，現金與受限現金共 30.9 億美元，後續待通電與新客戶簽約進展。

According to Galaxy Research, the firm's latest report projects that by 2030, GENIUS stablecoin could generate between $400 billion in baseline scenario credit expansion and $1.2 trillion in optimistic scenario. The report, disclosed by Galaxy Research managing director Alex Thorn, found that 60-70%

According to TeraWulf's Q1 2026 earnings report, the company's high-performance computing lease revenue reached $21 million, surpassing its digital asset revenue of just under $13 million. The milestone marks the first quarter in which HPC leasing meaningfully contributed to the company's

According to TeraWulf's Q1 earnings report cited by ChainCatcher, the bitcoin miner's high-performance computing (HPC) rental revenue reached $21 million, surpassing bitcoin mining revenue of under $13 million for the first time. The company reported total Q1 revenue of $34 million, flat year-over-y

According to Odaily, Bitcoin mining company Core Scientific reported Q1 2026 total revenue of $115 million and net loss of $347 million. Bitcoin network average hashrate reached 970.8 EH/s this week (May 1-7), up 2.67% from the prior week's 945.5 EH/s, according to Cloverpool. Bitcoin

根據 Coinbase 於 5 月 7 日（週四）盤後發布的官方財報，公司 2026 年第一季錄得 GAAP 凈虧損 3.941 億美元。據財報數據，第一季總營收為 14.1 億美元，低於分析師預期的約 15 億美元；財報公布後，Coinbase 股價於盤後交易中下跌 4.7% 至 184 美元以下。

根據區塊鏈安全公司 BlockSec 於 5 月發布《穩定幣發行方凍結風險與財庫安全管理白皮書》，旗下 USDT Freeze Tracker 鏈上統計顯示：截至 5 月 7 日，過去 30 天 Tether 在 Ethereum 與 Tron 兩鏈上累計將 384 個地址加入黑名單，涉及凍結資金約 5.15 億美元。

According to its investor presentation, Block Inc recorded a $173 million bitcoin remeasurement loss in Q1 2026, contributing to a $309 million net loss attributable to common stockholders. The company's corporate bitcoin treasury and customer bitcoin holdings together stand at 28,355 BTC, valued at