Blockworks Advisory finds crypto-native AI inference providers remain small relative to mainstream competitors

Blockworks Advisory reports that the entire liquid crypto AI category is worth about $24.9B, less than Crusoe alone at $30.9B, and no decentralized compute network discloses verified revenue above the low tens of millions. The seven crypto-native providers on OpenRouter served roughly 211B tokens daily, about 1% of the platform's 21.9T average. Venice leads at about 87B tokens a day, with under 10% of revenue from OpenRouter. Chutes claims 160B daily, largely funded by Bittensor emissions. Phala acts increasingly as a confidential router, reselling other providers' hardware.

✨ AI summary of the linked source — not editorial content.

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