In June, the total cryptocurrency market capitalization declined month over month, while BTC and ETH trading volumes trended lower amid volatile market conditions. On-chain activity and capital flows continued to concentrate in leading ecosystems, with Hyperliquid recording the largest net capital inflows. Tokenized stock DEX trading volume reached $3.1 billion, with SPYx leading at approximately $967 million. Driven by the FIFA Club World Cup, prediction market trading volume exceeded $50 billion, while open interest surpassed $2 billion, both reaching all-time highs. The Web3 industry completed 42 funding rounds, raising approximately $898 million, while disclosed losses from Web3 security incidents totaled around $74.48 million, down roughly 9% from May.

Key Takeaways:

Crypto Market Performance: In June, the total cryptocurrency market capitalization declined month over month amid weaker market sentiment and macroeconomic headwinds. Daily BTC and ETH trading volumes trended lower in a volatile pattern, while spot Bitcoin ETFs continued to experience net outflows, with cumulative net outflows totaling approximately $2.231 billion during the month.

Major Blockchain Metrics: Tron and Solana continued to record growth in active addresses, while Ethereum and Tron together accounted for nearly 80% of the stablecoin market capitalization. Hyperliquid attracted the largest net capital inflows and maintained its leadership in perpetual DEX trading volume. Ethereum continued to hold more than 50% of DeFi TVL, while RWA-related protocols sustained strong growth, indicating continued institutional inflows into on-chain yield-bearing assets.
Key Ecosystem Developments: Tokenized stock DEX trading volume reached $3.1 billion in June, surpassing on-chain tokenized commodities for the first time. SPYx ranked first with approximately $967 million in trading volume, while SpaceX-related tokenized equities collectively contributed around $478 million, making them the second-largest trading theme. Supported by the FIFA Club World Cup, prediction markets recorded over $50 billion in monthly notional trading volume, with open interest exceeding $2 billion, both setting new historical records.

Funding & Security: The Web3 industry completed 42 funding rounds in June, raising approximately $898 million. The top ten deals accounted for roughly $806 million, with Digital Asset leading the month after securing $355 million, making infrastructure the largest funding sector. Meanwhile, disclosed Web3 security losses totaled approximately $74.48 million, down about 9% from May. The largest single incident was the Humanity Protocol private key compromise, resulting in losses of approximately $31 million.

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Author: Akane,Puffy,Kieran

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