In Q3 2024, the total number of financing events reached 321, a decrease of 25.69% compared to the previous quarter, with a total financing amount of $2.406 billion, down 15.04% quarter-on-quarter. Projects/investors are adjusting their strategies, seeking cash flow and high liquidity to adapt to declining yields and stringent valuation analyses.

The total financing amount in the Web3 industry reached $2.75 billion in Q2 2024, a year-on-year increase of 38.9%, with the total number of mid-to-late stage financings growing by 20.7% quarter-on-quarter. In the first half of the year, the total fundraising amount for Web3 investment funds reached $1.38 billion. The competition for Binance List Tokens has become intense, and high valuations combined with low circulation models may suppress token price performance.

The total financing amount in the Web3 industry reached $2.545 billion in Q1 2024, a year-on-year increase of 4.7%, with the number of projects receiving investment increasing by 10.5% year-on-year. The allocation of attention from Web3 investors is significantly influenced by large investments from well-known institutions, project TGE events, airdrops, and other factors.