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  • bitcoinBitcoin (BTC) $ 103,676.00
  • ethereumEthereum (ETH) $ 3,342.36
  • xrpXRP (XRP) $ 3.16
  • tetherTether (USDT) $ 0.999484
  • solanaSolana (SOL) $ 235.99
  • bnbBNB (BNB) $ 705.99
  • dogecoinDogecoin (DOGE) $ 0.401017
  • usd-coinUSDC (USDC) $ 0.999903
  • cardanoCardano (ADA) $ 1.08
  • staked-etherLido Staked Ether (STETH) $ 3,333.32
  • tronTRON (TRX) $ 0.243526
  • avalanche-2Avalanche (AVAX) $ 40.16
  • chainlinkChainlink (LINK) $ 24.17
  • suiSui (SUI) $ 4.75
  • stellarStellar (XLM) $ 0.464871
  • wrapped-stethWrapped stETH (WSTETH) $ 3,965.44
  • hedera-hashgraphHedera (HBAR) $ 0.357899
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,143.00
  • the-open-networkToncoin (TON) $ 5.40
  • polkadotPolkadot (DOT) $ 7.15
  • wethWETH (WETH) $ 3,334.98
  • litecoinLitecoin (LTC) $ 127.25
  • bitcoin-cashBitcoin Cash (BCH) $ 472.19
  • leo-tokenLEO Token (LEO) $ 9.77
  • uniswapUniswap (UNI) $ 14.31
  • bitget-tokenBitget Token (BGB) $ 7.05
  • pepePepe (PEPE) $ 0.000019
  • hyperliquidHyperliquid (HYPE) $ 22.57
  • wrapped-eethWrapped eETH (WEETH) $ 3,519.52
  • usdsUSDS (USDS) $ 1.00
  • nearNEAR Protocol (NEAR) $ 5.49
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • aptosAptos (APT) $ 9.35
  • internet-computerInternet Computer (ICP) $ 10.74
  • aaveAave (AAVE) $ 318.24
  • vechainVeChain (VET) $ 0.052720
  • moneroMonero (XMR) $ 220.69
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.484089
  • ethereum-classicEthereum Classic (ETC) $ 27.01
  • render-tokenRender (RENDER) $ 7.62
  • crypto-com-chainCronos (CRO) $ 0.140580
  • algorandAlgorand (ALGO) $ 0.445850
  • bittensorBittensor (TAO) $ 456.98
  • kaspaKaspa (KAS) $ 0.144668
  • mantleMantle (MNT) $ 1.09
  • daiDai (DAI) $ 0.999880
  • mantra-daoMANTRA (OM) $ 3.74
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.35
  • okbOKB (OKB) $ 56.96
  • filecoinFilecoin (FIL) $ 5.48
  • arbitrumArbitrum (ARB) $ 0.778108
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.97
  • cosmosCosmos Hub (ATOM) $ 6.74
  • tokenize-xchangeTokenize Xchange (TKX) $ 34.63
  • official-trumpOfficial Trump (TRUMP) $ 14.34
  • ethenaEthena (ENA) $ 0.884141
  • gatechain-tokenGate (GT) $ 20.66
  • optimismOptimism (OP) $ 1.87
  • celestiaCelestia (TIA) $ 5.06
  • bonkBonk (BONK) $ 0.000033
  • blockstackStacks (STX) $ 1.62
  • injective-protocolInjective (INJ) $ 24.60
  • theta-tokenTheta Network (THETA) $ 2.34
  • immutable-xImmutable (IMX) $ 1.35
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,456.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.692263
  • the-graphThe Graph (GRT) $ 0.224566
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,339.08
  • movementMovement (MOVE) $ 0.863933
  • worldcoin-wldWorldcoin (WLD) $ 2.18
  • xdce-crowd-saleXDC Network (XDC) $ 0.131724
  • ondo-financeOndo (ONDO) $ 1.37
  • raydiumRaydium (RAY) $ 6.65
  • dogwifcoindogwifhat (WIF) $ 1.92
  • binance-staked-solBinance Staked SOL (BNSOL) $ 242.52
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,429.16
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 103,635.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.028597
  • sei-networkSei (SEI) $ 0.404584
  • flokiFLOKI (FLOKI) $ 0.000179
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,723.96
  • lido-daoLido DAO (LDO) $ 1.86
  • fasttokenFasttoken (FTN) $ 3.85
  • flare-networksFlare (FLR) $ 0.028438
  • jasmycoinJasmyCoin (JASMY) $ 0.033205
  • galaGALA (GALA) $ 0.038024
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,517.19
  • the-sandboxThe Sandbox (SAND) $ 0.630392
  • usual-usdUsual USD (USD0) $ 1.00
  • kaiaKaia (KAIA) $ 0.248306
  • jupiter-exchange-solanaJupiter (JUP) $ 0.856299
  • eosEOS (EOS) $ 0.923461
  • tezosTezos (XTZ) $ 1.35
  • fartcoinFartcoin (FARTCOIN) $ 1.39
  • kucoin-sharesKuCoin (KCS) $ 11.13
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 102,984.00
  • thorchainTHORChain (RUNE) $ 3.92
  • nexoNEXO (NEXO) $ 1.36
  • iotaIOTA (IOTA) $ 0.372991
  • susdssUSDS (SUSDS) $ 1.04
  • spx6900SPX6900 (SPX) $ 1.39
  • beam-2Beam (BEAM) $ 0.024328
  • msolMarinade Staked SOL (MSOL) $ 293.87
  • makerMaker (MKR) $ 1,409.91
  • pyth-networkPyth Network (PYTH) $ 0.345139
  • curve-dao-tokenCurve DAO (CRV) $ 0.958724
  • based-brettBrett (BRETT) $ 0.121744
  • flowFlow (FLOW) $ 0.764647
  • ethereum-name-serviceEthereum Name Service (ENS) $ 34.21
  • aioz-networkAIOZ Network (AIOZ) $ 0.984405
  • neoNEO (NEO) $ 16.09
  • bittorrentBitTorrent (BTT) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 56.29
  • arweaveArweave (AR) $ 16.94
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 101,964.00
  • ai16zai16z (AI16Z) $ 0.979810
  • starknetStarknet (STRK) $ 0.432996
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.399229
  • axie-infinityAxie Infinity (AXS) $ 6.40
  • elrond-erd-2MultiversX (EGLD) $ 35.86
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,448.55
  • decentralandDecentraland (MANA) $ 0.527662
  • dydx-chaindYdX (DYDX) $ 1.36
  • dexeDeXe (DEXE) $ 16.90
  • aerodrome-financeAerodrome Finance (AERO) $ 1.24
  • heliumHelium (HNT) $ 5.11
  • coredaoorgCore (CORE) $ 0.986427
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 250.34
  • matic-networkPolygon (MATIC) $ 0.482873
  • jito-governance-tokenJito (JTO) $ 3.07
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 103,396.00
  • wbnbWrapped BNB (WBNB) $ 706.67
  • conflux-tokenConflux (CFX) $ 0.173283
  • zcashZcash (ZEC) $ 51.78
  • apecoinApeCoin (APE) $ 1.13
  • chilizChiliz (CHZ) $ 0.084926
  • reserve-rights-tokenReserve Rights (RSR) $ 0.014693
  • akash-networkAkash Network (AKT) $ 3.13
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,333.58
  • echelon-primeEchelon Prime (PRIME) $ 14.39
  • usddUSDD (USDD) $ 1.00
  • compound-governance-tokenCompound (COMP) $ 84.53
  • eigenlayerEigenlayer (EIGEN) $ 3.17
  • amp-tokenAmp (AMP) $ 0.008717
  • ecasheCash (XEC) $ 0.000037
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,323.55
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,344.33
  • wormholeWormhole (W) $ 0.256233
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.43
  • mog-coinMog Coin (MOG) $ 0.000002
  • mina-protocolMina Protocol (MINA) $ 0.584484
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,520.45
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 103,586.00
  • popcatPopcat (POPCAT) $ 0.681881
  • tether-goldTether Gold (XAUT) $ 2,709.01
  • pendlePendle (PENDLE) $ 4.09
  • morphoMorpho (MORPHO) $ 3.81
  • roninRonin (RON) $ 1.73
  • zksyncZKsync (ZK) $ 0.178256
  • fraxFrax (FRAX) $ 1.00
  • deepDeepBook (DEEP) $ 0.256009
  • havvenSynthetix Network (SNX) $ 1.86
  • gnosisGnosis (GNO) $ 243.03
  • usdx-money-usdxusdx.money USDX (USDX) $ 1.00
  • notcoinNotcoin (NOT) $ 0.006061
  • dydxdYdX (ETHDYDX) $ 1.36
  • axelarAxelar (AXL) $ 0.677396
  • gigachad-2Gigachad (GIGA) $ 0.062917
  • superfarmSuperVerse (SUPER) $ 1.30
  • aixbtaixbt by Virtuals (AIXBT) $ 0.685169
  • grassGrass (GRASS) $ 2.40
  • turboTurbo (TURBO) $ 0.008369
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 103,422.00
  • beldexBeldex (BDX) $ 0.079749
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006257
  • bio-protocolBio Protocol (BIO) $ 0.339090
  • resolv-usrResolv USR (USR) $ 1.00
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,626.96
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000100
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.544029
  • oasis-networkOasis (ROSE) $ 0.080378
  • pax-goldPAX Gold (PAXG) $ 2,705.69
  • pumpbtcpumpBTC (PUMPBTC) $ 89,877.00
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.005365
  • ordinalsORDI (ORDI) $ 25.48
  • 1inch1inch (1INCH) $ 0.380750
  • kavaKava (KAVA) $ 0.490429
  • layerzeroLayerZero (ZRO) $ 4.78
  • livepeerLivepeer (LPT) $ 13.87
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • kusamaKusama (KSM) $ 31.92
  • telcoinTelcoin (TEL) $ 0.006453
  • apenftAPENFT (NFT) $ 0.00000051
  • meowMEOW (MEOW) $ 0.005466
  • true-usdTrueUSD (TUSD) $ 1.00
  • nervos-networkNervos Network (CKB) $ 0.010944
  • safeSafe (SAFE) $ 0.942001
  • dashDash (DASH) $ 40.88
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.18
  • arkhamArkham (ARKM) $ 1.40
  • snekSnek (SNEK) $ 0.006551
  • blurBlur (BLUR) $ 0.227785
  • chex-tokenCHEX Token (CHEX) $ 0.482044
  • frax-etherFrax Ether (FRXETH) $ 3,315.79
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,331.69
  • insurance-2INSURANCE (INSURANCE) $ 25.08
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • akuma-inuAkuma Inu (AKUMA) $ 0.000693
  • holotokenHolo (HOT) $ 0.002604
  • theta-fuelTheta Fuel (TFUEL) $ 0.067519
  • ioio.net (IO) $ 3.38
  • astarAstar (ASTR) $ 0.060952
  • creditcoin-2Creditcoin (CTC) $ 1.10
  • tbtctBTC (TBTC) $ 103,547.00
  • stader-ethxStader ETHx (ETHX) $ 3,467.72
  • swethSwell Ethereum (SWETH) $ 3,603.57
  • 0x0x Protocol (ZRX) $ 0.513663
  • zilliqaZilliqa (ZIL) $ 0.022315
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • ultimaUltima (ULTIMA) $ 9,941.51
  • ether-fiEther.fi (ETHFI) $ 1.95
  • quantixaiQuantixAI (QAI) $ 87.51
  • super-oethSuper OETH (SUPEROETHB) $ 3,335.76
  • freysa-aiFreysa AI (FAI) $ 0.051348
  • griffainGRIFFAIN (GRIFFAIN) $ 0.410493
  • usdbUSDB (USDB) $ 1.01
  • zencashHorizen (ZEN) $ 25.83
  • agentfun-aiAgentFun.AI (AGENTFUN) $ 4.00
  • hashnote-usycHashnote USYC (USYC) $ 1.07
  • book-of-memeBOOK OF MEME (BOME) $ 0.005839
  • aethirAethir (ATH) $ 0.064544
  • justJUST (JST) $ 0.039940
  • verus-coinVerus (VRSC) $ 5.00
  • woo-networkWOO (WOO) $ 0.210156
  • chain-2Onyxcoin (XCN) $ 0.011716
  • solayer-staked-solSolayer Staked SOL (SSOL) $ 237.27
  • golemGolem (GLM) $ 0.384263
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • basic-attention-tokenBasic Attention (BAT) $ 0.251686
  • olympusOlympus (OHM) $ 22.79
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.01
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,558.58
  • celoCelo (CELO) $ 0.656201
  • vanaVana (VANA) $ 11.95
  • compound-wrapped-btccWBTC (CWBTC) $ 2,069.84
  • enjincoinEnjin Coin (ENJ) $ 0.201058
  • origintrailOriginTrail (TRAC) $ 0.718100
  • iotexIoTeX (IOTX) $ 0.038121
  • convex-financeConvex Finance (CVX) $ 4.39
  • mocaverseMoca Network (MOCA) $ 0.218013
  • ankrAnkr Network (ANKR) $ 0.035843
  • qtumQtum (QTUM) $ 3.35
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 47.45
  • wemix-tokenWEMIX (WEMIX) $ 0.856108
  • mx-tokenMX (MX) $ 3.72
  • stepnGMT (GMT) $ 0.130796
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,697.90
  • polygon-bridged-wbtc-polygon-posPolygon Bridged WBTC (Polygon POS) (WBTC) $ 103,283.00
  • wouldwould (WOULD) $ 0.349411
  • paal-aiPAAL AI (PAAL) $ 0.393776
  • memecoin-2Memecoin (MEME) $ 0.009472
  • swissborgSwissBorg (BORG) $ 0.349430
  • siacoinSiacoin (SC) $ 0.005939
  • safepalSafePal (SFP) $ 0.705008
  • gasGas (GAS) $ 5.22
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.15
  • zetachainZetaChain (ZETA) $ 0.530015
  • magic-edenMagic Eden (ME) $ 2.55
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.329354
  • aelfaelf (ELF) $ 0.441601
  • osmosisOsmosis (OSMO) $ 0.463039
  • harmonyHarmony (ONE) $ 0.026607
  • ai-rig-complexAI Rig Complex (ARC) $ 0.325036
  • qubic-networkQubic (QUBIC) $ 0.000003
  • drift-protocolDrift Protocol (DRIFT) $ 1.16
  • neiro-3Neiro (NEIRO) $ 0.000751
  • polymeshPolymesh (POLYX) $ 0.274089
  • kadenaKadena (KDA) $ 1.02
  • clearpoolClearpool (CPOOL) $ 0.418649
  • aevo-exchangeAevo (AEVO) $ 0.338321
  • chiaChia (XCH) $ 22.23
  • ravencoinRavencoin (RVN) $ 0.020671
  • bridged-wrapped-ether-starkgateBridged Ether (StarkGate) (ETH) $ 3,328.43
  • sushiSushi (SUSHI) $ 1.58
  • frax-shareFrax Share (FXS) $ 3.41
  • threshold-network-tokenThreshold Network (T) $ 0.029312
  • peaq-2peaq (PEAQ) $ 0.444257
  • manta-networkManta Network (MANTA) $ 0.770318
  • dymensionDymension (DYM) $ 1.30
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 26.19
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000014
  • terra-luna-2Terra (LUNA) $ 0.410996
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 3,336.10
  • illuviumIlluvium (ILV) $ 39.03
  • mask-networkMask Network (MASK) $ 2.82
  • yearn-financeyearn.finance (YFI) $ 8,267.03
  • humans-aiHumans.ai (HEART) $ 0.042365
  • usualUsual (USUAL) $ 0.516158
  • biconomyBiconomy (BICO) $ 0.291061
  • xyo-networkXYO Network (XYO) $ 0.018841
  • chaingptChainGPT (CGPT) $ 0.331477
  • metars-genesisMetars Genesis (MRS) $ 3.10
  • coinex-tokenCoinEx (CET) $ 0.095333
  • zeus-networkZeus Network (ZEUS) $ 0.675218
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.01
  • loopringLoopring (LRC) $ 0.205030
  • tribe-2Tribe (TRIBE) $ 0.560421
  • phaPHALA (PHA) $ 0.329704
  • wrapped-avaxWrapped AVAX (WAVAX) $ 40.05
  • skaleSKALE (SKL) $ 0.048789
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,537.18
  • elixir-deusdElixir deUSD (DEUSD) $ 1.00
  • constellation-labsConstellation (DAG) $ 0.069683
  • lcxLCX (LCX) $ 0.263696
  • decredDecred (DCR) $ 14.81
  • metis-tokenMetis (METIS) $ 39.77
  • nemNEM (XEM) $ 0.027138
  • gmxGMX (GMX) $ 24.72
  • sonic-svmSonic SVM (SONIC) $ 0.683395
  • ipmbGoldPro (GPRO) $ 51.59
  • wrapped-ether-mantle-bridgeWrapped Ether (Mantle Bridge) (WETH) $ 3,339.06
  • bazaarsBazaars (BZR) $ 20.71
  • project-galaxyGalxe (GAL) $ 1.84
  • dogs-2Dogs (DOGS) $ 0.000452
  • amnis-aptosAmnis Aptos (AMAPT) $ 9.30
  • ontologyOntology (ONT) $ 0.258340
  • vethor-tokenVeThor (VTHO) $ 0.002741
  • usda-2USDa (USDA) $ 1.01
  • bonfidaSolana Name Service (FIDA) $ 0.234437
  • altlayerAltLayer (ALT) $ 0.100028
  • umaUMA (UMA) $ 2.74
  • nxmNexus Mutual (NXM) $ 72.25
  • instadappFluid (FLUID) $ 5.83
  • sun-tokenSun Token (SUN) $ 0.023394
  • availAvail (AVAIL) $ 0.117441
  • treehouse-ethTreehouse ETH (TETH) $ 3,952.89
  • quoriumQuorium (QGOLD) $ 2,708.07
  • abtcaBTC (ABTC) $ 103,702.00
  • digibyteDigiByte (DGB) $ 0.012757
  • hiveHive (HIVE) $ 0.483974
  • apu-s-clubApu Apustaja (APU) $ 0.000664
  • unicorn-fart-dustUnicorn Fart Dust (UFD) $ 0.220558
  • zanoZano (ZANO) $ 15.25
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 0.789068
  • rocket-poolRocket Pool (RPL) $ 10.48
  • zelcashFlux (FLUX) $ 0.585385
  • solo-coinSologenic (SOLO) $ 0.554325
  • hivemapperHivemapper (HONEY) $ 0.070675
  • band-protocolBand Protocol (BAND) $ 1.43
  • veloVelo (VELO) $ 0.029686
  • cotiCOTI (COTI) $ 0.120824
  • corgiaiCorgiAI (CORGIAI) $ 0.000632
  • nosanaNosana (NOS) $ 2.58
  • g-tokenGravity (G) $ 0.029759
  • casper-networkCasper Network (CSPR) $ 0.016746
  • 0x0-ai-ai-smart-contract0x0.ai: AI Smart Contract (0X0) $ 0.239707
  • act-i-the-ai-prophecyAct I The AI Prophecy (ACT) $ 0.223875
  • swipeSolar (SXP) $ 0.337756
  • gmt-tokenGoMining Token (GOMINING) $ 0.510699
  • blastBlast (BLAST) $ 0.008564
  • uxlinkUXLINK (UXLINK) $ 1.24
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 102,937.00
  • vergeVerge (XVG) $ 0.012661
  • zerebroZerebro (ZEREBRO) $ 0.209708
  • hamster-kombatHamster Kombat (HMSTR) $ 0.003216
  • moonbeamMoonbeam (GLMR) $ 0.219534
  • m2-global-wealth-limited-mmxMMX (MMX) $ 1.36
  • non-playable-coinNon-Playable Coin (NPC) $ 0.025603
  • btse-tokenBTSE Token (BTSE) $ 1.26
  • cow-protocolCoW Protocol (COW) $ 0.687772
  • pepecoin-2PepeCoin (PEPECOIN) $ 1.87
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.040188
  • fwogFwog (FWOG) $ 0.207981
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 248.58
  • compound-ethercETH (CETH) $ 67.18
  • orcaOrca (ORCA) $ 3.79
  • delysiumDelysium (AGI) $ 0.143157
  • zentryZentry (ZENT) $ 0.031717
  • iconICON (ICX) $ 0.191534
  • tars-protocolTARS AI (TAI) $ 0.339760
  • audiusAudius (AUDIO) $ 0.155362
  • aleoALEO (ALEO) $ 0.650067
  • bitcoin-goldBitcoin Gold (BTG) $ 11.11
  • radixRadix (XRD) $ 0.018440
  • rollbit-coinRollbit Coin (RLB) $ 0.085805
  • cetus-protocolCetus Protocol (CETUS) $ 0.304315
  • vanar-chainVanar Chain (VANRY) $ 0.102998
  • space-idSPACE ID (ID) $ 0.444356
  • singularitynetSingularityNET (AGIX) $ 0.591237
  • nanoNano (XNO) $ 1.41
  • statusStatus (SNT) $ 0.047347
  • mythosMythos (MYTH) $ 0.243120
  • huobi-tokenHuobi (HT) $ 1.17
  • liquityLiquity (LQTY) $ 1.98
  • ava-aiAva AI (AVA) $ 0.186546
  • balancerBalancer (BAL) $ 3.03
  • origin-etherOrigin Ether (OETH) $ 3,333.89
  • heyanonHey Anon (ANON) $ 14.87
  • bitkub-coinBitkub Coin (KUB) $ 2.09
  • wavesWaves (WAVES) $ 1.84
  • kaminoKamino (KMNO) $ 0.136974
  • moonwell-artemisMoonwell (WELL) $ 0.058474
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Nvidia: Ethereum’s shift to proof-of-stake could reduce demand for GPUs

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Ethereum’s next-generation iteration, known as Ethereum 2.0 or Eth2, has been cited as a potential threat to demand by Nvidia for its graphics card (GPU) products.

On Wednesday, Nvidia revealed its financial results for the first quarter of fiscal year 2022, reporting an 84 percent year-over-year jump in revenue — hitting $5.66 billion — as well as $2.76 billion for its gaming unit, a 106 year-over-year increase.

Nvidia said that it believes the $2.76 billion figure benefited by demand for Nvidia’s GPUs by cryptocurrency miners, but CFO Colette Kress indicated in a commentary release that the firm doesn’t know the full extent of the impact.

“Gaming revenue was up 106 percent from a year ago and up 11 percent sequentially, reflecting higher sales in GeForce GPUs, with both desktop and laptop setting records, as well as in game-console SOCs. We continued to benefit from strong sales of our GeForce RTXTM 30 Series based on the NVIDIA Ampere architecture. We believe Gaming also benefited from cryptocurrency mining demand, although it is hard to determine to what extent,” Kress noted. 

Longer-term, Nvidia indicated in its 10-Q filing with the Securities and Exchange Commission (SEC) that demand from the mining sector could fluctuate based on the state of the cryptocurrency market as well as “[c]hanges to cryptocurrency standards and processes including, but not limited to, the pending Ethereum 2.0 standard.”

As Nvidia noted:

“Demand and use of GPUs for cryptocurrency has fluctuated in the past and is likely to continue to change quickly. Volatility in the cryptocurrency market, including changes in the prices of cryptocurrencies, can impact demand for our products and our ability to estimate demand for our products. Changes to cryptocurrency standards and processes including, but not limited to, the pending Ethereum 2.0 standard may also create increased aftermarket resales of our GPUs and may reduce demand for our new GPUs. During the first quarter of fiscal year 2022, we believe Gaming benefited from cryptocurrency mining demand, although it is hard to determine to what extent.”

The reason behind that line of thinking is that unlike the current iteration of Ethereum, which uses the hardware-intensive proof-of-work validation approach, Eth2 uses proof-of-stake, which doesn’t require the use of GPUs or similar hardware. 

As shown in data collected by The Block Research, ETH miners generated more than $2 billion in revenue during May.

As noted previously, Nvidia has attempted to prevent some of its GPU products from being used to mine by throttling hash rate performance. At the same time, it moved a dedicated mining product to market. 

According to Kress, the so-called Cryptocurrency Mining Processors generated $155 million in revenue — roughly in line with an estimate produced in April. 

Source

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