DePIN’s $15 million secret 🤫

September 12th, 2025

GM and happy Friday! Matt here, with a delightful DePIN Digest for ya.

What a week for DePIN News! Kicking it off, the Senate Banking Committee’s draft excludes staking, airdrops, and DePIN from securities laws. 🤯

Will this make the final cut? Time will tell, but we’re hopeful that regulators see the value in a nearly $20 billion, rapidly growing industry.

Also dialing in, Helium broadcasted some massive news right after tripling Verizon’s prepaid signups over the last quarter, announcing a 5.7M $HNT buyback.

Can you hear me now? Good!

🤝 Partnerships & Integrations

We don’t want to dog on the legacy telecoms too much, though, because DePIN eats from the hand of coopetition and partnerships such as these:

🤝 Datagram x Hooked Protocol (Partnership)
 🤝 Memolabs x Weaver Labs (Partnership)
 🤝 Datagram x Battlerise (Partnership)
 🤝 K-Pop Click x Roam (Partnership)
 🤝 YOM x Superverse (Partnership)
 🤝 ar.io x Aethir (Partnership)
 🤝 Teneo x Edgen (Integration)
 🤝 Everlyn x Aethir (Integration)
 🤝 PythNetwork x Aethir (Integration)
 🤝 Tashi Network x Fluence (Integration)

Is that a Gamescom Startup of the Year winner in that list (YOM)? 🔍

📡 Wireless & Telecoms

With all the wireless winning, It had to come first, especially as $HNT experiences deflation for the first time with more $HNT being burned than emitted. 

Meanwhile, Wayru releases updates on buybacks of their own, strengthening the network as Karrier One plugs theirs with impressive growth. Dabba Network recently caused a buzz with Hotspot Onboarding seasons 1 and 2, but keep it on notify-only because Silencio released a new data set collection for AI companies.

💡 If you like ‘new’, here are some more innovation updates for ya:

🤖 Robots in Reality

Speaking of computing and AI, IG3 Edge devices are back in stock just in time for the Nosana Indexer to go live, while Teneo’s Swarm processes substantial growth. Almost canine, Over the Reality highlights intriguing robot dog demo footage.

Supercharging the conversation, Ar.io shared some Turbo stats, a considerable upgrade from regular stats. The Ar.io community was evidently boosted, with one member building an entire setup wizard for the project, which recently joined the DePIN Pledge.

💎 DePIN companies are getting well-funded, but they’re not keeping it all for themselves:

Projects pledge but money sings, and Aethir is serenading with nearly $39 million in network revenue bagged for Q3. USDAI takes the crown in funding, however, by reaching a $250 million deposit cap within minutes of raising it from $210 million.

🗺️ Mapping the Peaq-ocosystem

It’s hard to top that, but DePIN mapping is exploring new angles with ROVR Networks’ Lightcone Batch 2 distribution, now with shiny new upgrades. Elsewhere, Geodnet is keeping track, as Fractals’ integration sells out within hours.

Meanwhile, on Peaq, a teaser of the Get Real Campaign season 2 highlighted a September release as Newcoin and Multibit both joined the ecosystem. These milestones caught the attention of Defi Llama, now tracking Peaq.

📋 Updates & Reports

Stats and recaps are tracked as well, and we’ve got several for you this week:

👋 See you next week!

Thanks for stopping by. We’ll catch you on Monday for the video recap. Be sure to follow Matt, Will, and the DePIN Digest to stay informed on all things DePIN. Have a great weekend!