DePIN, short for decentralized physical infrastructure networks, also saw revenues slashed, dipping 10% from $293 million to $264 million.
The reduced income affected the wider consumer sector, which, in the first six months of 2026, ended up pulling in $5.0 billion, about $600 million, or 11% less than what it did in H1 last year.
According to 1kx, that smaller overall fall was largely due to gambling and gaming, whose revenues went up 8% to $3.3 billion after raking in about $3.1 billion in the same period last year. That category now accounts for the largest portion of the sector’s reported income.
“Overall resilience from gaming offsets wallet weakness, but highlights heavy reliance on volatile categories,” the account…





