Decentralized Physical Infrastructure Networks Report 2025

The DePIN Report 2025, summarized here, presents insights into Decentralized Physical Infrastructure Networks (DePIN), a groundbreaking innovation in blockchain. By facilitating user-driven networks focused on compute, storage, and connectivity, DePIN challenges traditional infrastructure models, promoting decentralized ownership through token incentives and open participation. Emerging from efforts to link real-world resources with blockchain, DePIN's relevance surged in 2023 and 2024, building on earlier success stories like Helium and Filecoin. These projects demonstrated that users could offer physical assets in exchange for token rewards, validating the principles of community-led infrastructure networks and sparking a broader movement. What began as isolated initiatives has transformed into a vibrant, evolving sector, marking a pivotal shift from centralized infrastructure to open, incentivized networks. DePIN is reshaping how physical infrastructure is managed, governed, and utilized. The DePIN Report provides a detailed, data-driven analysis of the ecosystem, pinpointing the vital players, trends, challenges, and opportunities that influence its growth. By compiling information from leading DePIN projects, funding patterns, and technological advancements, the report paints a thorough picture of the sector’s development over time. As DePIN continues to transform global infrastructure through decentralized methods, the insights provided will be invaluable for stakeholders seeking to understand and engage with its future. Disclaimer: The Block is an independent media organization delivering news and research. As of November 2023, Foresight Ventures is a major investor in The Block. Foresight Ventures also invests in various crypto projects. Bitget serves as a cornerstone limited partner for Foresight Ventures. The Block remains committed to providing objective, impactful information about the crypto landscape. Please see our financial disclosures for details. © 2025 The Block. All rights reserved. This content is intended for informational use only and should not be interpreted as legal, tax, investment, or financial advice.