Cheetah557

Everyone’s farming the DePIN narrative.
Almost no one checks for real hardware, revenue, and node growth.
So we ranked the ones that actually deliver.
🔴 S Tier : TAO, RENDER, FIL
$TAO : 9.5/10
→ Subnet ML marketplace with 50+ AI models and ZK proofs for data integrity.
→ Decentralized intelligence core powering ~33% of DePIN AI mindshare, subnets as “factor models” for open AI.
$RENDER : 9.2/10
→ GPU DePIN infra with NVIDIA/Apple ties and Solana migration boosting job speed ~40%.
→ GPU king: 1.49M frames rendered in Q3, crushing centralized clouds with up to 85% cost savings.
$FIL : 8.9/10
→ Storage pioneer with FVM, Ethereum dApp support, and 1PB+ enterprise data stored.
→ OG DePIN: 800+ clients storing 1TB+ each; AI metadata anchoring gives realistic rebound runway.
🟠 A Tier : ICP, THETA, HNT, GRT, AKT, ATH
$HNT : 8.8/10
→ wireless/IoT DePIN with ~962K hotspots and 5G expansion via AT&T.
→ Telecom disruptor: 29TB/day of data and rural-first incentives that could 2x active nodes into 2026.
$ICP : 8.7/10
→ web3 hosting + DePIN infra with 50+ DePIN dApps and Caffeine AI no-code tooling.
→ Infinite-scaling backbone for HIPAA-compliant AI and DePIN, enterprise pivot is massively underpriced.
$ATH : 8.7/10
→ GPU cloud network with 435K containers and ~$147M ARR.
→ Enterprise GPU powerhouse: 70% utilization vs. 35% industry average, with Solana integration promising ~40% faster transactions.
$GRT : 8.6/10
→ indexing layer for 60+ Ethereum DePINs and cross-chain data via Token API.
→ Web3’s Google: 90+ chains indexed and $2.9B ecosystem
$THETA : 8.5/10
→ Video CDN with EdgeCloud Hybrid and 10K+ nodes powering AI/video workloads.
→ Streaming DePIN beast: 80 PetaFLOPS equivalent compute and esports/education rails that the market hasn’t fully priced in.
$IO : 8.5/10
→ Solana-based GPU DePIN with 10K+ nodes and 450 PetaFLOPS powering 7M+ compute hours at 80%+ cost savings.
→ $20M+ on-chain revenue, NVIDIA/OpenAI touchpoints, and co-staking incentives but supply volatility and unlocks keep it below S Tier.
$AKT : 8.4/10
→ 8.4/10 cloud compute marketplace with NVIDIA GPUs and up to 85% cheaper infra vs. AWS.
→ DePIN cloud slayer: ~$50K/month AI inference demand; Solana migration boosts liquidity even as it stresses governance cohesion.
🟡 B Tier : AR, HONEY, PEAQ, GEOD, AUKI, NATIX, ANYONE, EDGE, NCDT
$AR : 8.2/10
→ Permanent storage via blockweave and AO compute for AI data.
→ Permaweb king with massive TAM, but retrieval speed and UX lag Filecoin’s enterprise push.
$PEAQ : 8.1/10
→ machine-economy L1 hosting 50+ DePIN projects and tokenized EV/robot pilots.
→ Economy of Things pioneer at 49K TPS and Dubai VARA pilots, but 4.3B total supply drags token performance.
$HONEY : 7.9/10
→ mapping DePIN with 100K+ dashcams and Bee Maps for enterprises.
→ Drive-to-earn leader with 175M+ km mapped but vesting unlocks and sell pressure cap upside near term.
$GEOD : 7.8/10
→ RTK geospatial DePIN with ~20K stations and ~$6M ARR.
→ Precision GPS at centimeter accuracy, India expansion is huge, but miner ROI volatility keeps it risk-on.
$AUKI : 7.7/10
→ Spatial AI Posemesh for robots/XR with NVIDIA + Unitree ties.
→ Machine perception layer for real-time 3D via commodity cameras but still early and needs to decisively out-execute LiDAR rivals.
$NATIX : 7.6/10
→ Drive-to-earn mapping with ~80K nodes and 142M km of coverage.
→ Camera-first IoT DePIN: AI anonymization + Charge EV partnership are strong, but 100B supply and emissions risk persistent sell pressure.
$ANYONE : 7.5/10
→ Privacy DePIN with 6K relays and onion routing for Web3 authentication.
→ Anonymous coordination layer for DePIN; GENIUS Act/reg risks loom even as Base liquidity and MEV-proof DEX mechanics improve the moat.
$EDGE : 7.4/10
→ Edge compute with modular infra for robotics and Docker-isolated workloads.
→ Low-latency DePIN that cuts data travel ~50%, but without a strong GPU angle it sits behind Akash/Aethir in the infra stack.
$NCDT : 7.3/10
→ Sustainable cloud built on BOINC with EU green-energy grants.
→ Eco-compute niche 75% cheaper than AWS and tightly capped supply, yet adoption lag + brutal drawdown push it into high-risk territory.
🟢 C Tier : AIOZ, GRASS, BTT, OCTA, GHX
$AIOZ : 7.2/10
→ AI/video compute DePIN with Solana efficiency and creator-focused streaming.
→ Streaming DePIN with 25% QoQ revenue growth but Web2 platforms cap upside unless retention and creator incentives step up.
$GRASS : 7.1/10
→ AI data-sharing DePIN with 3M+ users and ZKP-based provenance.
→ Web-scraping infra processing 57K TB, yet the October 181M token unlock hangs over every rally.
$BTT : 6.9/10
→ P2P storage via BTFS v4.0 and 196M contracts.
→ Massive 100M+ user base but 990T supply, -98% from ATH, and regulatory shadows keep it firmly speculative.
$OCTA : 6.8/10
→ Multi-chain cloud/VPS and GPU marketplace.
→ Hosting-first DePIN with VPN + app stack but down ~85% from ATH
and still searching for a killer use-case vs. hyperscalers.
$GHX : 6.7/10
→ Gaming/hardware DePIN with GPUX for esports and AI game bots.
→ GameFi-flavored DePIN monetizing idle GPUs, but niche scope keeps it far smaller than Render/Aethir class infra.
𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳 : 𝘛𝘩𝘪𝘴 𝘵𝘪𝘦𝘳 𝘭𝘪𝘴𝘵 𝘪𝘴 𝘢𝘯 𝘰𝘱𝘪𝘯𝘪𝘰𝘯-𝘣𝘢𝘴𝘦𝘥, 𝘥𝘢𝘵𝘢-𝘪𝘯𝘧𝘰𝘳𝘮𝘦𝘥 𝘷𝘪𝘦𝘸 𝘧𝘳𝘰𝘮 2025, 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦.
𝘋𝘌𝘗𝘐𝘕 𝘴𝘦𝘤𝘵𝘰𝘳 𝘤𝘢𝘱 𝘴𝘪𝘵𝘴 𝘢𝘳𝘰𝘶𝘯𝘥 $12B+ 𝘸𝘪𝘵𝘩 5.7M+ 𝘥𝘦𝘷𝘪𝘤𝘦𝘴 𝘣𝘶𝘵 𝘭𝘦𝘴𝘴 𝘵𝘩𝘢𝘯 20% 𝘰𝘧 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴 𝘴𝘩𝘰𝘸 𝘴𝘵𝘢𝘪𝘯𝘦𝘥 𝘳𝘦𝘷𝘦𝘯𝘶𝘦 𝘢𝘯𝘥 𝘯𝘰𝘥𝘦 𝘨𝘳𝘰𝘸𝘵𝘩.
𝘋𝘠𝘖𝘙 : 𝘸𝘢𝘵𝘤𝘩 𝘶𝘯𝘭𝘰𝘤𝘬 𝘴𝘤𝘩𝘦𝘥𝘶𝘭𝘦𝘴, 𝘰𝘯-𝘤𝘩𝘢𝘪𝘯 𝘮𝘦𝘵𝘳𝘪𝘤𝘴, 𝘢𝘯𝘥 𝘳𝘦𝘨 𝘴𝘩𝘪𝘧𝘵𝘴 (𝘌𝘜 𝘈𝘐 𝘈𝘤𝘵, 𝘨𝘭𝘰𝘣𝘢𝘭 𝘪𝘯𝘧𝘳𝘢 𝘱𝘰𝘭𝘪𝘤𝘺).
𝘙𝘦𝘮𝘦𝘮𝘣𝘦𝘳 : 𝘋𝘦𝘗𝘐𝘕 𝘪𝘴𝘯’𝘵 𝘢 𝘯𝘢𝘳𝘳𝘢𝘵𝘪𝘷𝘦, 𝘪𝘵’𝘴 𝘢 𝘮𝘢𝘤𝘩𝘪𝘯𝘦 𝘦𝘤𝘰𝘯𝘰𝘮𝘺 𝘣𝘶𝘪𝘭𝘵 𝘰𝘯 𝘳𝘦𝘢𝘭
𝘩𝘢𝘳𝘥𝘸𝘢𝘳𝘦.
𝘉𝘶𝘪𝘭𝘥 𝘰𝘯 𝘨𝘳𝘪𝘥𝘴 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘷𝘦𝘳𝘪𝘧𝘺 𝘯𝘰𝘵 𝘱𝘰𝘸𝘦𝘳𝘱𝘰𝘪𝘯𝘵 𝘥𝘦𝘤𝘬𝘴 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘫𝘶𝘴𝘵 𝘳𝘦𝘢𝘥.