Radar · Industry landscape · the United States
Decentralised Finance Landscape of the United States
1,254 Decentralised Finance companies in the United States, in one picture: who is hiring, who is raising money, who founded them, where they are based, what the news is about, which skills employers want and where the research is going. Updated August 2026.
1,254companies tracked
$16.3Bdisclosed funding
42hiring right now
176events · 24 months
≥1,524,955news articles · 12 months
Who leads Decentralised Finance in the United States
Shows 1,254 U.S. DeFi firms, highlighting the few currently hiring, the best‑funded firms, and the number that have disclosed a funding round.
open roles
Hiring now
ranked by live open roles
- 01
Unicity9last posted May 2026
- 02
LendingOne8last posted Apr 2026
- 03
PIP Labs6last posted May 2026
- 04
Soligent5last posted Apr 2026
- 05
Succinct4last posted Feb 2026
- 06
Hedera Hashgraph4last posted Jan 2026
- 07
Lightning Labs4last posted Mar 2026
- 08
Lightspark4last posted Apr 2026
42 companies hiring · 1 posted in the last 30 days
disclosed funding
Most funded
disclosed totals, all rounds
- 01Ripple$1.1BConventional Debt · May 2026
- 02
Celsius$975.1MSeries B · Aug 2022
- 03
Forte$910MSeries B · Nov 2021
- 04
Paxos$535.2MSeries D · Jan 2022
- 05
pump.fun$500MICO · Jul 2025
- 06
Tempo$500MSeries A · Oct 2025
- 07
ETHZilla$425MPost IPO · Jul 2025
- 08
SCRT Labs$401.4MSeries D · Jan 2022
484 companies with disclosed rounds · $16.3B total
headcount
Largest teams
ranked by tracked headcount
- 01
Jump Crypto995tracked employees
- 02
- 03
Mysten Labs140tracked employees
- 04
RYVYL110tracked employees
- 05
Harmony104tracked employees
- 06
- 07
OpenZeppelin73tracked employees
- 08
Metallicus70tracked employees
41 companies with headcount data
share of events
Share of voice
share of all tracked sector news events, 24 months
- 01
Stacks9.3%21 tracked events
- 02
Flood7.6%17 tracked events
- 03
Securitize4.9%11 tracked events
- 04
Harbor4.4%10 tracked events
- 05
Hyperledger Project4.0%9 tracked events
- 06
Mega Matrix4.0%9 tracked events
- 07
- 08
225 tracked events across 60 companies
web reach
Most-used apps
the sites in this sector the web visits most
- 01
Pi Networktop 50kminepi.com
- 02
- 03
Grasstop 100kgrass.io
- 04
CertiKtop 500kcertik.com
- 05
ar.iotop 500kar.io
- 06
Concretetop 500kconcrete.xyz
- 07
Worldtop 500kworld.org
- 08
Matterstop 500kmatters.town
328 companies here run a site with a measured audience · 22 of them sit inside the web’s top million
articles
In the news
Prism news coverage, last 12 months
- 01
Solana≥11,356articles in the window
- 02
- 03
Arbitrum≥729articles in the window
- 04
- 05
- 06
- 07
Jia≥188articles in the window
- 08
Pendle≥160articles in the window
85 of these companies drew sector coverage in the window
Radar
See all 1,254 Decentralised Finance companies in the United States
Filter by funding, headcount, hiring and location, and export the list.
How the Decentralised Finance ecosystem in the United States grew, 2016–2025
Shows the annual count of new DeFi companies, peaking at 214 in 2022 and falling to 24 in 2025.
Companies founded / year
new Decentralised Finance companies in the United States
20162025
peak 214 in 2022
Companies raising / year
with a disclosed round that year
20162025
peak 140 in 2024
Disclosed funding / year
sum of disclosed rounds (USD)
20162025
peak $3.8B in 2022
Where Decentralised Finance companies in the United States are based
Lists the cities with the most DeFi firms, led by San Francisco (190) and New York City (158).
Hub 01
San Francisco
190 Decentralised Finance companies
37% of the Decentralised Finance companies across these hubs
190companies
$5.7Bdisclosed funding
14hiring now
Hub 02
New York City
158 Decentralised Finance companies
31% of the Decentralised Finance companies across these hubs
158companies
$2.2Bdisclosed funding
4hiring now
Hub 03
Miami
44 Decentralised Finance companies
9% of the Decentralised Finance companies across these hubs
44companies
$122.4Mdisclosed funding
1hiring now
Hub 04
Los Angeles
43 Decentralised Finance companies
8% of the Decentralised Finance companies across these hubs
43companies
$540.2Mdisclosed funding
1hiring now
Hub 05
Palo Alto
28 Decentralised Finance companies
5% of the Decentralised Finance companies across these hubs
28companies
$1.5Bdisclosed funding
4hiring now
generated artwork
Hub 06
Boston
19 Decentralised Finance companies
4% of the Decentralised Finance companies across these hubs
19companies
$197.1Mdisclosed funding
1hiring now
Hub 07
Austin
18 Decentralised Finance companies
3% of the Decentralised Finance companies across these hubs
18companies
$90.1Mdisclosed funding
generated artwork
Hub 08
Wilmington
17 Decentralised Finance companies
3% of the Decentralised Finance companies across these hubs
17companies
$38.1Mdisclosed funding
generated artwork
The Decentralised Finance market map of the United States: what these companies actually do
Breaks down product sub‑categories and revenue models, with web 3.0 (1,184) and subscription fees (1,006) being the most common.
- Web 3.01,184 companies · $15.6B raised · 36 hiring
- Deep Tech864 companies · $12.7B raised · 27 hiring
- Enterprise Tech814 companies · $14B raised · 34 hiring
- Consumer Digital722 companies · $6.4B raised · 19 hiring
- Fintech699 companies · $9.3B raised · 20 hiring
- Blockchain in Financial Services610 companies · $8.2B raised · 12 hiring
- Decentralized Finance610 companies · $6.3B raised · 16 hiring
- Enterprise Software241 companies · $5.6B raised · 11 hiring
- Crypto Mining124 companies · $1B raised · 3 hiring
- Crypto Exchanges113 companies · $619.3M raised · 1 hiring
- Marketplaces110 companies · $637.3M raised · 3 hiring
- SaaS74 companies · $1.7B raised · 2 hiring
Monetization
How Decentralised Finance companies make money
How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.
Subscription1,006
Commission on Transaction602
Lending187
E-Commerce - Service107
Fee-For-Service79
Advertising64
E-Commerce - Product43
Freemium24
Funding, M&A and the deals moving Decentralised Finance in the United States
Counts 176 corporate events over the past two years, most of which are funding rounds (51) and mergers & acquisitions (35).
Funding 51M&A 35Leadership 28Earnings 15Assets 8Funds Raising 6IPO 5Announcement 5Product 5Contracts 5
- M&ARomeo Bravo Software has acquired hospitality guest engagement software provider Zeko to expand its presence in the hospitality technology sector.2026-05-01
- M&AThe move builds on earlier acquisitions of marine weather analytics provider OpenOcean in 2022.2026-04-24
- M&AAmerican Express ($AXP) said on April 16, 2026 it will acquire Hyper, an artificial intelligence-focused expense management startup backed by OpenAI CEO Sam Altman, as the company expands its automation capabilities for commercial clients.2026-04-16
- M&AStartEngine Crowdfunding acquired Vinovest for $14 million to expand its alternative investment marketplace into wine and whiskey asset classes.2026-03-26
- FundingIronlight Group, a fintech company developing infrastructure for tokenized securities, raised $21 million in a Series A funding round.2026-03-17
- FundingStacks raises $23M in Series A funding to automate enterprise finance2026-02-19
- M&ASecuritize files a registration statement with the U.S. Securities and Exchange Commission and confirms a merger plan with Cantor Equity Partners II, a blank-check company backed by Cantor Fitzgerald.2026-01-29
- FundingGrove, a Riyadh, Saudi Arabia-based technology company which specializes in the fresh-produce sector, raised $5M in Seed funding.2026-01-26
- FundingIn 2024, Farcaster reached a reported valuation of $1,000 million after closing a $150 million Series A round.2026-01-23
- FundingMerkle Manufactory will return the $180 million raised from venture capital investors.2026-01-23
Mergers and acquisitions
Deals from the last 24 months where a Decentralised Finance company in the United States was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.
| Acquirer | Target | Deal value | Status | Date |
|---|---|---|---|---|
| undisclosed | Announced | 2026-05-01 | ||
| undisclosed | Completed | 2026-04-24 | ||
| undisclosed | Announced | 2026-04-17 | ||
| StartEngine Crowdfunding | $14M | Announced | 2026-03-26 | |
| Cantor Equity Partners II (CEPT) | $1.2B | Announced | 2026-01-30 | |
| Cantor Equity Partners 2 | undisclosed | Pending | 2026-01-30 |
Who is listing, hiring leaders, launching and winning work
Details notable events such as IPO filings and leadership changes among the sector’s companies.
IPO pipeline
3 companies listed or filing · last 24 months
LensIPO · Hong Kong Stock Exchange · 1 reportJul 2025
Leadership moves
9 tracked people moves · last 12 months
FWBDaryl Harper · Appointment → Senior Finance LeaderMar 2026
Ironlight GroupGreg Braca · Appointment → Executive ChairmanFeb 2026
Jito LabsRebecca Rettig · Appointment → Member of the Algorand Foundation BoardJan 2026
Regulatory & litigation
5 regulatory events · 2 tracked suits · 24 months
Cosmossanctioned — US TreasuryJul 2025
BIMAreceived license for incoming reinsurance operationsJul 2025
- Diego Aguilar, Kendall Carnahan, Michael Okafor v jito labs, Jito Foundation, Lucas Bruder, Brian Smith, Pump Illegal casino enterprise, racketeering, infrastructure provision · OngoingSep 2025
- celsius network v ftxpreferential transfer claim · AppealJan 2025
Earnings pulse
companies reporting results · last 24 months
8 companies reporting12 company-quarters tracked
Who is building Decentralised Finance in the United States
Profiles 947 founders and CEOs across 601 firms, noting frequent alma maters like Stanford (33) and prior employers such as Google (20).
Founders and chief executives12 of 947, from the best-funded companies on this page
repeat founder
CEO Stripe, Co-Founder Arc Institute · MIT 2010
Co-Founder Solana Labs, ex-Sano, Omada Health. The Wharton School
repeat founder
Ex-Founder bloXroute Labs. Princeton University BSE 1993, University of Washington PhD 2000
Ex-Consensys. Hunter College BS, University of Rochester - Simon Business School MBA
Ex-Novi Financial, Facebook. Williams College BA 2010, University of Colorado Boulder PhD 2015
repeat founder
Ex-Google. Tsinghua University BS 2011, Yale University PhD 2016.
College of Engineering, Guindy BE 2006, University of Illinois Urbana-Champaign MSc 2011, PhD 2012
FAU Erlangen-Nürnberg BSc
Founder Aleo, ex-Meta, Google. University of California, Berkeley BS 2016, MSc
Where the founders studied
alma mater on record for 213 of 947 founders
Stanford University33
Massachusetts Institute of Technology21
University of California (Berkeley)20
Harvard University18
Cornell University16
University of Pennsylvania12
Columbia University12
Harvard Business School10
Where they worked before
a previous employer on record for 79 of 947 founders
Google20
Microsoft12
Amazon8
Goldman Sachs8
Facebook8
Apple5
Morgan Stanley5
Intel5
Founders flagged as repeat founders
of 871 founders with a profile on this page
21
carry a repeat-founder flag
- flagged as repeat founders21
- no repeat-founder flag850
Radar
Look up the people behind Decentralised Finance companies in the United States
Search founders, executives and operators by company, role and location.
Who funds Decentralised Finance in the United States
Records 929 funding rounds since 2016 from 1,634 investors, with a typical round size of $5 million.
| Investor · most active investors since 2016 | Rounds | Led | Latest |
|---|---|---|---|
| Andreessen Horowitz | 52 | 33 | Jun 2025 |
| Coinbase | 52 | 9 | May 2026 |
| Polychain | 45 | 29 | Nov 2025 |
| Pantera Capital | 29 | 16 | Jan 2026 |
| Robvc | 28 | 3 | Mar 2026 |
| NGC Ventures | 26 | 9 | Jul 2025 |
| OKX | 25 | 10 | Feb 2025 |
| Multicoin Capital | 23 | 10 | Mar 2025 |
| Hack VC | 20 | 9 | Nov 2024 |
| a16zcrypto | 19 | 13 | Apr 2026 |
Stage mix · rounds since 2016
Seed & Angel466
Series A–B291
Series C+ / PE25
Grants, debt & other147
The typical round is $5M — half were bigger, half smaller.
The biggest Decentralised Finance funding rounds in the United States
Highlights the largest disclosed round—Celsius’s $750 million Series B—and lists ten other large recent rounds.
| Company | Round | Size | When | Backers |
|---|---|---|---|---|
| Series Bmega-round | $750M | Oct 2021 | WestCap, CDPQ | |
| Series Bmega-round | $725M | Nov 2021 | Kora, Sea Capital, Huuuge Games +12 more | |
| Ripple | Series Dmega-round | $500M | Nov 2025 | Fortress, Citadel Securities, Pantera Capital +3 more |
| Series Amega-round | $500M | Oct 2025 | Greenoaks, Thrive Capital, Sequoia Capital +2 more | |
| Series Dmega-round | $400M | Jan 2022 | — | |
| Series Bmega-round | $350M | Apr 2022 | — | |
| Series Cmega-round | $314M | Jun 2021 | Andreessen Horowitz, Polychain, CoinFund +6 more | |
| Series Dmega-round | $300M | Apr 2021 | Oak HC/FT, Declaration Partners, Mithril +6 more | |
| Series Bmega-round | $300M | Sep 2022 | FTX, Andreessen Horowitz, Jump Crypto +11 more | |
| Series A | $225M | Mar 2024 | Paradigm, Electric Capital, Greenoaks +1 more |
Venture round sizes · 2023–2025
<$1M27
$1–10M154
$10–50M73
$50–250M16
>$250M2
272 venture rounds with a disclosed amount in the window.
Fresh cheques · last 6 months
- Conventional Debt$200MMay 2026
Seed$8MMay 2026
Seed$8MMay 2026
Series AundisclosedMay 2026
Seed$7.1MApr 2026
Seed$1.1MApr 2026
SeedundisclosedApr 2026
What the news says about Decentralised Finance in the United States
Counts 1,524,955 news articles in the last year, most often covering regulatory topics and cryptocurrency effects on foreign‑exchange markets.
News volume
Decentralised Finance coverage across United States · articles per quarter
2021Q22026Q2
peak ≥811,783 in 2025Q3 · ≥1,524,955 articles in the last 12 tracked months
Tone of coverage
share of articles by dominant sentiment (positive / neutral / negative)
202120232025
Positive-tone share moved 27% → 29%, negative 21% → 29% across 2021–2025.
What the coverage is about
The subjects that dominate Decentralised Finance news in United States. The arrow shows whether each one is being written about more or less than a year ago.
- Administrative and political subdivisions≥4,315,750▲+17%
- Geopolitical disputes and contested areas≥319,626▲+30%
- International and transnational geographic entities≥319,463▲+30%
- Cryptocurrency impact on forex markets≥255,559→+0%
- International political relations≥199,197→+4%
- Security and defense policies≥140,285▲+20%
- International relations and diplomacy≥90,731→-9%
- Geographic naming conventions and etymology≥81,491▲+380%
- Trade policies and agreements≥78,899▼-26%
- Human rights advocacy reports≥68,936▼-26%
Most-covered companies · last 12 months
- ≥11,356
- ≥784
- ≥729
- ≥570
- ≥466
- ≥284
- ≥188
- ≥160
- ≥155
- ≥86
85 Decentralised Finance companies here were named in the news over this period.
Prism
Watch Decentralised Finance coverage in United States as it happens
Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.
Momentum
The words getting louder — and quieter
Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.
stablecoin fx impact+47%investment deal+124%etf trading+77%etfs+79%sector etfs+79%etf structures+87%etf products+92%oil price volatility+53%share price+60%stock surge+72%
tariff negotiations-40%flood stage forecasting-95%hydrologic risk modeling-99%free trade deals-37%inflation reports fx-47%
The pressures the press keeps returning to
Three recurring angles in United States Decentralised Finance coverage, and whether each is getting more attention year on year (through 2025).
Regulatory Risk ▲ rising
≥2,416,840 articles touch this dimension · 44.1% critical tone
20212025
signals: territories, disputed islands, stock performance
Funding Momentum ▲ rising
≥507,096 articles touch this dimension · 42.2% critical tone
20212025
signals: inflation reports fx, currency intervention policies, trade deficits fx
Growth ▲ rising
≥655,264 articles touch this dimension · 39.3% critical tone
20212025
signals: gdp growth forex, inflation reports fx, trade deficits fx
Decentralised Finance jobs in the United States: who is hiring and what they ask for
Shows 2,451 job postings from 173 firms in 12 months, with top skills like Rust and Python and a median salary of $84 k.
2,451postings · last 12 months
3,669postings tracked overall
173employers advertising
$84kmedian advertised salary/yr (n=300)
Demand
The Skills Employers Ask For
What Decentralised Finance employers in the United States put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.
- rust135▲
- blockchain122▲
- python117▲
- go108▲
- bitcoin104▲
- c++102▲
- typescript83▲
- kubernetes77▲
- cryptography72▲
- aws71▲
What level are these roles?
Entry19
Intern21
Senior250
Lead155
Manager712
What they pay, by level
- Manager$85k/yr (n=102)
Most advertised titles
- 77
- 63
- 41
- 31
- 28
- 22
What Decentralised Finance research in the United States is working on
Lists 5,117 U.S. academic papers, most of which identify opportunities (3,406) versus cautions (248).
How this field talks about itself
United States-affiliated Decentralised Finance papers (gold) against all published research (grey)
Breakthrough38.5% · 26.3%1.5×
Promising28.1% · 37.0%0.8×
Problem-identifying14.4% · 9.9%1.5×
Descriptive10.7% · 17.6%0.6×
Cautionary4.8% · 4.4%≈ par
Comparative2.4% · 4.0%0.6×
United States-affiliated Decentralised Finance literature runs 1.5× more “breakthrough” than science at large (38.5% vs 26.3% baseline).
How the work is done
Methods-led56.0%
Reviews17.7%
Empirical14.7%
Position pieces9.4%
Theoretical2.2%
How the research reads
95% positive · 1% neutral · 4% negative, across 5,117 papers.
The institutions doing the work · United States
- 8k
- 8k
- 6k
- 6k
- 5k
- 5k
ranked by how often their work is cited
Leading researchers · United States-affiliated work
Joseph Sarkis · Kim‐Kwang Raymond Choo · Mahtab Kouhizadeh · Michael Devetsikiotis · Konstantinos Christidis · Sara Saberi · Lejia Shen · Dusit Niyato
The most-cited breakthroughs
- Decentralizing Privacy: Using Blockchain to Protect Personal Data · 2k cites
- MedRec: Using Blockchain for Medical Data Access and Permission Management · 2k cites
- Hawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts · 2k cites
- OmniLedger: A Secure, Scale-Out, Decentralized Ledger via Sharding · 1k cites
- MeDShare: Trust-Less Medical Data Sharing Among Cloud Service Providers via Blockchain · 1k cites
Common problems researchers identify721 papers · 7 recurring themes
Problems · theme 01
Governance and Transparency Gaps
206 papers · 28.6% of this block
▲ +35% share2022→2025 share of research on this subject
Researchers highlight weak corporate governance and limited transparency in blockchain smart contracts.
Blockchain · Corporate governance · Transparency · Smart contract
“A Survey of Blockchain: Techniques, Applications, and Challenges”
206 of these papers raise it as a problem
Problems · theme 02
Security and Privacy Weaknesses
192 papers · 26.6% of this block
▼ -53% share2022→2025 share of research on this subject
Studies flag vulnerabilities and privacy risks inherent to blockchain and cryptocurrency systems.
Computer security · Blockchain · Cryptocurrency · Internet privacy
“Introduction to Security and Privacy on the Blockchain”
192 of these papers raise it as a problem
Problems · theme 03
Supply Chain Traceability Issues
108 papers · 15.0% of this block
▲ +10% share2022→2025 share of research on this subject
Papers point to challenges in using blockchain for reliable supply‑chain tracking and management.
Supply chain · Blockchain · Supply chain management · Traceability
“Blockchain technology and its relationships to sustainable supply chain management”
108 of these papers raise it as a problem
Problems · theme 04
Healthcare Data Interoperability
69 papers · 9.6% of this block
▼ -2% share2022→2025 share of research on this subject
Researchers note obstacles to secure data sharing and interoperability in blockchain‑enabled health care.
Health care · Blockchain · Interoperability · Data sharing
“Blockchain technology in healthcare: Challenges and opportunities”
69 of these papers raise it as a problem
Problems · theme 05
Misconceptions About Distributed Ledgers
53 papers · 7.4% of this block
▼ -20% share2022→2025 share of research on this subject
Works critique common misunderstandings of ledger technology and its financial applications.
Distributed ledger · Ledger · Cryptocurrency · Blockchain
“Blockchain Technology: Transforming Libertarian Cryptocurrency Dreams to Finance and Banking Realities”
53 of these papers raise it as a problem
Problems · theme 06
Philosophical Foundations of Immutability
47 papers · 6.5% of this block
▼ -62% share2022→2025 share of research on this subject
Analyses explore epistemic and ethical implications of immutable blockchain data.
Philosophy · Epistemology · Immutability · Cloud computing
“Credible Decentralized Exchange Design via Verifiable Sequencing Rules”
47 of these papers raise it as a problem
Problems · theme 07
IoT Integration Security Gaps
46 papers · 6.4% of this block
▲ +7% share2022→2025 share of research on this subject
Studies identify security and intrusion‑detection shortcomings when merging IoT with blockchain.
Internet of Things · Computer security · Blockchain · Intrusion detection system
“Addressing Security and Privacy Issues of IoT Using Blockchain Technology”
46 of these papers raise it as a problem
Cautions219 papers · 4 recurring themes
Cautions · theme 01
Smart Contract Deployment Risks
103 papers · 47.0% of this block
▼ -30% share2022→2025 share of research on this subject
Authors urge caution over the complexities and security pitfalls of blockchain smart contracts.
Blockchain · Computer security · Smart contract · Cryptocurrency
“Blockchain Disruption and Smart Contracts”
103 of these papers raise it as a problem
Cautions · theme 02
Governance in Sustainable Supply Chains
63 papers · 28.8% of this block
▲ +15% share2022→2025 share of research on this subject
Research warns of governance challenges when applying blockchain to environmentally focused supply chains.
Supply chain · Blockchain · Corporate governance · Supply chain management
“An analysis of strategies for adopting blockchain technology in the fresh product supply chain”
63 of these papers raise it as a problem
Cautions · theme 03
Healthcare Security Concerns
36 papers · 16.4% of this block
▼ -2% share2022→2025 share of research on this subject
Papers caution about security and interoperability issues in blockchain‑based health applications.
Health care · Computer security · Blockchain · Interoperability
“Blockchain in healthcare: A comprehensive review of applications and security concerns”
36 of these papers raise it as a problem
Cautions · theme 04
Accounting and Settlement Controls
17 papers · 7.8% of this block
▼ -14% share2022→2025 share of research on this subject
Analyses stress the need for robust controls when integrating blockchain into accounting and settlement processes.
Distributed ledger · Ledger · Blockchain · Settlement
“Thinking Outside the Block: Projected Phases of Blockchain Integration in the Accounting Industry”
17 of these papers raise it as a problem
Opportunities3,199 papers · 7 recurring themes
Opportunities · theme 01
Secure Authentication Networks
820 papers · 25.6% of this block
▼ -73% share2022→2025 share of research on this subject
Research proposes blockchain as a foundation for stronger authentication and network security.
Computer security · Blockchain · Authentication · Computer network
“Blockchain for securing electronic voting systems: a survey of architectures, trends, solutions, and challenges”
Opportunities · theme 02
Transparency in Financial Transactions
674 papers · 21.1% of this block
▼ -3% share2022→2025 share of research on this subject
Studies explore blockchain’s potential to boost trust and openness in finance and tax compliance.
Blockchain · Transparency · Database transaction · Cryptocurrency
“The role of Blockchain technology in enhancing transparency and trust in green finance markets”
Opportunities · theme 03
Scalable Federated Learning
530 papers · 16.6% of this block
▼ -64% share2022→2025 share of research on this subject
Works highlight blockchain‑enabled frameworks for distributed learning and fraud detection.
Blockchain · Distributed computing · Distributed ledger · Reinforcement learning
“Secure and Scalable Blockchain-Based Federated Learning for Cryptocurrency Fraud Detection: A Systematic Review”
Opportunities · theme 04
Scalable IoT Security
310 papers · 9.7% of this block
▲ +17% share2022→2025 share of research on this subject
Papers present hybrid blockchain designs to secure and scale Internet of Things networks.
Internet of Things · Blockchain · Computer security · Scalability
“Hybrid Blockchain Framework for Secure and Scalable Internet of Things (IoT) Networks (HB-IoT): A Novel Approach”
Opportunities · theme 05
Enhanced Supply Chain Traceability
299 papers · 9.3% of this block
▲ +10% share2022→2025 share of research on this subject
Research showcases blockchain applications that improve traceability and efficiency in supply chains.
Supply chain · Traceability · Supply chain management · Blockchain
“Applications of Blockchain to Improve Supply Chain Traceability”
Opportunities · theme 06
Patient‑Centric Health Data Sharing
295 papers · 9.2% of this block
▼ -3% share2022→2025 share of research on this subject
Studies demonstrate blockchain solutions for secure, patient‑controlled medical record exchange.
Health care · Blockchain · Computer security · Data sharing
“Blockchain in Healthcare: A Patient-Centered Model”
Opportunities · theme 07
Smart Contract Development
271 papers · 8.5% of this block
▼ -51% share2022→2025 share of research on this subject
Works focus on designing robust smart contracts for diverse applications using blockchain platforms.
Smart contract · Blockchain · Solidity · Computer security
“Design and Implementation of Smart Contract in Supply Chain Management Using Blockchain and Internet of Things”
Which of these themes are growing fastest
Tracks how the share of research themes has shifted worldwide between 2022 and 2025.
Problems
how much more (or less) of the world’s research on this subject each theme took up, 2022→2025
gaining sharelosing share
Governance and Transparency Gaps▲+35%
Supply Chain Traceability Issues▲+10%
IoT Integration Security Gaps▲+7%
Healthcare Data Interoperability▼-2%
Misconceptions About Distributed Ledgers▼-20%
Security and Privacy Weaknesses▼-53%
Philosophical Foundations of Immutability▼-62%
Cautions
how much more (or less) of the world’s research on this subject each theme took up, 2022→2025
gaining sharelosing share
Governance in Sustainable Supply Chains▲+15%
Healthcare Security Concerns▼-2%
Accounting and Settlement Controls▼-14%
Smart Contract Deployment Risks▼-30%
Opportunities
how much more (or less) of the world’s research on this subject each theme took up, 2022→2025
gaining sharelosing share
Scalable IoT Security▲+17%
Enhanced Supply Chain Traceability▲+10%
Patient‑Centric Health Data Sharing▼-3%
Transparency in Financial Transactions▼-3%
Smart Contract Development▼-51%
Scalable Federated Learning▼-64%
Secure Authentication Networks▼-73%
Prism
Go deeper on Decentralised Finance research and innovation
Research themes, patent activity and the companies commercialising them, in one place.
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About this data: built from Fliar's company, founder, funding, hiring, jobs, news and research trackers, covering the United States. Counts are of companies we track, not of every company that exists. Updated August 2026.
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