DePIN is not a single trade. It is an entire asset class with at least ten distinct sub-sectors, each with different hardware requirements, revenue drivers, competitive dynamics, and risk profiles. A thoughtful allocation framework considers sector exposure, token emission schedules, real revenue multiples, and hardware operational complexity before committing capital.

The most durable dePIN portfolios hold exposure across the infrastructure stack: compute for AI demand, wireless for recurring subscriber revenue, storage for data growth tailwinds, and one or two higher-conviction sector plays. This mirrors how traditional infrastructure investors diversify across power, transport, and communications rather than concentrating in a single utility.

Before allocating to any project, check its 30D revenue in the Catalog. Projects with sub-$1M monthly revenue against a $500M+ market cap are pricing in speculative future demand. That is a legitimate venture bet — but it is not an infrastructure bet. Know which thesis you are making and size the position accordingly.

The Compare tool lets you stack up to four projects simultaneously across all tracked metrics: market cap, price change, node count, monthly revenue, founding year, and chain. Before any allocation decision, run a comparison between your target project and the sector leader to benchmark your thesis against best-in-class.

Use the Watchlist to track your holdings. Use the ROI Calculator to model node operator economics if you are considering running hardware yourself. The calculator handles hardware cost, electricity rate, token price, and emission schedule to project annualised returns under different market scenarios.