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first_img Blockworks: Seven cryptocurrency inference companies process approximately 211 billion tokens daily

Blockworks released a status report on cryptocurrency inference service providers, stating that global computing power investment is substantial and demand still exceeds supply; the market capitalization of liquidity crypto AI is approximately $24.9 billion, lower than Crusoe's $30.9 billion, and no decentralized computing network has disclosed verifiable revenue exceeding tens of millions of dollars.The report compares seven crypto-native inference providers on OpenRouter: Venice, Phala, Darkbloom, io.net, AkashML, NEAR AI, and Chutes. Over the past month, the seven have processed an average of about 211 billion tokens daily, accounting for about 1% of the platform's daily average of 21.9 trillion tokens. Venice processed about 87 billion tokens daily, with the team stating in July that its annual recurring revenue reached $100 million, with OpenRouter contributing less than 10%; Phala averaged about 54.6 billion tokens daily over the past week, up from about 5 billion in July.Chutes is the Bittensor inference subnet SN64, operating approximately 4,350 GPUs, with the team claiming to process 160 billion tokens daily, with OpenRouter channels averaging 5.7 billion. Akash has 283 active GPUs, down from a peak of about 897, with an annual leasing fee of about $3.7 million, and GPU incentives have ended. io.net's demand has nearly doubled over the past month to an average of 14.8 billion tokens daily.

The founder of Hyperliquid proposed a new regulatory approach: regulate trading service providers, rather than the blockchain itself

The co-founder of the decentralized perpetual contract platform Hyperliquid, Jeff Yan, stated in an interview with Bloomberg's "Odd Lots" podcast on October 15 that regulatory obligations should be imposed on financial service providers operating markets on the Hyperliquid blockchain, rather than on the blockchain network itself, to reduce the compliance burden for the platform entering the U.S. market.Yan likened this idea to internet infrastructure, believing that the blockchain, as the underlying liquidity and trading infrastructure, should not bear all the regulatory responsibilities of traditional trading platforms directly, but rather the service providers that actually operate the markets and hold relevant control should fulfill compliance obligations. He stated that Hyperliquid does not aim to replace traditional financial institutions on Wall Street, but hopes to provide them with underlying trading technology, similar to how Amazon Web Services provides computing infrastructure to businesses.Yan mentioned that the team is seriously advancing the development of Hyperliquid into an infrastructure covering various financial markets. Currently, Hyperliquid is still not open to U.S. users, but Kraken's parent company Payward has planned to offer derivative services to U.S. investors through a regulated trading platform, utilizing its technology.

Aster updates the token unlocking plan, and RootData adjusts the data synchronously after official confirmation

Recently, the Aster team provided feedback to RootData regarding some adjustments needed in the previously released token unlock data. After receiving the feedback, RootData verified the information against Aster's official documentation and several similar token unlock data platforms, finding no significant discrepancies between the previously recorded information and the publicly available documents at that time.Subsequently, RootData communicated further with the Aster official team and updated the on-site Aster token unlock data based on the latest confirmed information from the project team. Currently, some third-party token unlock data platforms have not yet synchronized this official document adjustment, making RootData one of the earlier platforms to complete the relevant data updates.This adjustment mainly involves two categories: Airdrop and Ecosystem & Community, with the specific changes as follows:1. Airdrop Category Adjustment: Split into "Founder's Airdrop" and "Governance Airdrop"Based on the latest confirmed information from Aster, RootData has re-split the original airdrop category into "Founder's Airdrop" and "Governance Airdrop."The previous official document indicated that after the Aster TGE, eligible participants would immediately receive 8.8% of the total allocation, with the remaining tokens in this category gradually released over the next 80 months, with specific release times potentially adjusted based on protocol governance.The latest official document adjustment states that the remaining ASTER tokens in this category will be reserved for airdrops, but the protocol governance body may adjust the relevant arrangements in the future.Therefore, RootData will no longer track the unlock data for the governance airdrop portion according to a fixed release cycle, and will instead dynamically update based on Aster's official announcements and governance decisions.2. Ecosystem & Community Category Adjustment: Split into Ecosystem & Community 1 and Ecosystem & Community 2Previously, the Aster Ecosystem & Community category (excluding the APX to ASTER conversion part) adopted a linear release model, planning to gradually unlock over 20 months. This model has been executed for 4 months (from October 2025 to January 2026), after which it will be adjusted to a reward distribution model based on staking mechanisms.According to Aster's current staking mechanism, the longer the user locks their tokens, the higher the loyalty reward APY they can receive. Since this allocation mechanism has shifted from a fixed linear release to a staking incentive model, RootData will no longer track the fixed unlock cycle for Ecosystem & Community 2 as originally planned, and will adjust based on the latest official announcements.It is reported that Aster completed its token TGE on September 17, 2025. Since its launch, Aster has made multiple adjustments to its token economic model, including extending the team token lock-up period by 12 months, adjusting the release method for ecosystem and community tokens, and redefining the governance arrangements for the remaining airdrop tokens.RootData stated that adjustments to the token economic model as the project develops and governance needs arise are common in the industry; the key is whether the project team can disclose relevant changes in a timely and transparent manner. RootData also encourages project teams to proactively submit token unlock plans and change information to help the community and users better understand token supply and release situations.
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