DeFi TVL Hits Record $292B as Web3 Activity Shifts Focus
DeFi TVL Hits Record $292B as Web3 Activity Shifts Focus
š DeFi hits $292B...

August 2025 data reveals a maturing Web3 landscape with mixed signals across sectors.
Key Highlights:
- Overall dapp activity declined 18% to 17M daily wallets
- DeFi reached record highs with TVL surging to $292B (+13% monthly)
- Gaming remains the top on-chain category despite 4% decline
- NFT trading volume climbed 9% to $578M, driven by in-game items
Sector Performance:
- Social dapps crashed 63% as incentive programs lost steam
- AI dapps dropped 49% but showed emerging use cases
- Infrastructure improvements in gas abstraction and cross-chain tools
Market Shift: The data points to a fundamental transition from speculative farming to sustainable utility-focused growth. Quality content and genuine user engagement are becoming the primary drivers.
This cooling period may signal healthier long-term development as the industry matures beyond hype cycles.
Chain Leaderboard Snapshot ā”ļø Who is currently winning web3 gamers attentionā šø opBNB leads by players (daily unique active wallets) in Q2 ā25. šø @WAX_io leads by on-chain actions (gaming tx count) šø @Ronin_Network is spiking on new content: Lumiterra crossed 300k daily
šAugust 2025 Web3 Report: Key Takeaways @DappRadar shows overall activity down, but gaming, NFTs, and DeFi stay strong. ⢠Gaming down 4%, now top on-chain category (@Ronin_Network , @0xPolygon , @base , @solana active) ⢠NFTs up 7%, growth driven by in-game items & passes
š® Gaming Giant Shift

**US gaming market reached $4.89B in October 2025** (+3% YoY), driven by major hardware and franchise disruptions. **Hardware surge leads growth:** - Sales jumped 36% with Nintendo Switch 2 and ASUS ROG Xbox Ally - Switch 2 outpacing PlayStation 4 launch numbers - Older generation console sales slowing **Historic shooter shake-up:** - **Battlefield 6 now #1 game of 2025** - Successfully challenging Call of Duty's 20-year market dominance **Other key metrics:** - Mobile revenue up 10% - Subscription spending grew 9% - Strong Q4 start demonstrates new hardware and hit franchises remain primary market drivers The results highlight how fresh hardware launches and breakthrough titles can reshape established gaming hierarchies.
š§ Pudgy Penguins Partners with DreamWorks for Kung Fu Panda Collaboration

**Pudgy Penguins** has partnered with **DreamWorks** for a Kung Fu Panda collaboration, marking another major step into mainstream entertainment. **Key Milestones:** - Partnership brings Pudgy into Hollywood's spotlight - **Pudgy Party** mobile game hit **1M+ downloads** in under a month - Brand has expanded from NFTs to toys, games, and entertainment **Mainstream Breakthrough:** What started as digital collectibles is now a full entertainment brand reaching audiences far beyond Web3. The success demonstrates how blockchain-born IP can compete with traditional media properties. **Industry Impact:** This collaboration signals that Web3 brands are no longer confined to crypto circles - they're becoming legitimate entertainment franchises capable of mass adoption.
Gamestarter Joins Co-Connect Network, Expands Web3 Gaming Partnerships
Gamestarter has announced its integration into the Co-Connect network, marking a significant expansion of its Web3 gaming ecosystem partnerships. This follows their recent collaboration with Point Hub, the first Web3 points aggregator. - Strategic positioning alongside established Web3 entities - Focus on expanding gaming ecosystem partnerships - Building on previous Point Hub collaboration for points aggregation The move strengthens Gamestarter's position in blockchain gaming infrastructure, particularly in areas of: - NFT marketplace development - Gaming asset liquidity - Portfolio management tools *More partnership announcements expected in coming months*
Gamestarter and OpenLoot Announce Strategic Web3 Gaming Partnership

Gamestarter has formed a strategic alliance with OpenLoot, a Web3 platform by Big Time Studios. The partnership focuses on: - Cross-marketing campaigns and community initiatives - Co-branded campaigns with user incentives - Backend integrations for improved scalability - Enhanced platform utility and visibility OpenLoot, a leading web3 gaming infrastructure provider, has facilitated thousands of marketplace transactions. This collaboration aims to strengthen both ecosystems while advancing blockchain gaming technology. Learn more: [Partnership Details](https://gamestarter.com/en/blog/gamestarter-open-loot)