← Narrative radar
Collecting Bitget market data
Decentralized physical infrastructure: storage, wireless, bandwidth.
Median 7-day return trailed BTC by −10.4 pts and only 0 of 7 assets outperformed BTC.
Calculated from market data by fixed rules. A stage describes observed behavior; it is not a prediction.
Median basket performance over 30 days, normalized to the start (dashed line).
| Asset | 7D | vs BTC | 30D | Volume | Funding/8h |
|---|---|---|---|---|---|
| GLM | −8.0% | −4.6 pts | −20.0% | −30.2% | +0.0100% |
| GRASS | −11.4% | −7.9 pts | −16.8% | −27.5% | +0.0100% |
| ANKR | −12.0% | −8.5 pts | −23.6% | +191.5% | +0.0100% |
| HNT | −13.8% | −10.4 pts | −25.2% | −65.4% | — |
| Asset | 7D | vs BTC | 30D | Volume | Funding/8h |
|---|---|---|---|---|---|
| JASMY | −21.3% | −17.8 pts | −26.9% | −45.9% | −0.0501% |
| FIL | −15.8% | −12.3 pts | −21.9% | −48.6% | +0.0020% |
| AR | −14.6% | −11.1 pts | −27.0% | −50.3% | +0.0100% |
Representative assets used for this narrative’s analysis, not an exhaustive list of every token in the sector. Source: Bitget daily spot candles; funding from Bitget USDT perpetuals.
No contradicting signal in the calculated metrics.
DePIN has entered a FADING lifecycle stage because all 7 tracked assets underperformed BTC over the past 7 days, with a median return of −13.8% versus BTC's −3.5% (−10.4 pts relative), and this underperformance accelerated week-over-week from −3.1 pts to −10.4 pts. The narrative shows broad weakness with zero assets beating BTC, collapsing breadth (29% outperformers last week dropped to 0%), and median volume declining 45.9% over the measured period.
AI interpretation of the calculated metrics · it cannot change the classification