【Blockchain Rhythm】Since the beginning of 2025, the funds attracted by the mixing protocol have continued to expand. According to on-chain data, during this year alone, the protocol’s business addresses received over 690,000 ETH. At the current price, this amounts to a total value of approximately $2.5 billion.
More notably, the net inflow situation— in 2025, the protocol achieved a net inflow of $1.4 billion, indicating a continuous influx of funds. Regarding the source of funds, ETH dominates absolutely, becoming the primary inflow asset. This highly concentrated fund structure reflects the main preferences of market participants.
From on-chain activity, mixing services remain a key focus for Web3 users. Whether for privacy protection or asset management needs, the activity level of these protocols continues to rise, making them an integral part of the DeFi ecosystem that cannot be ignored.
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DevChive
· 01-11 09:35
690,000 ETH poured in, but the question is, has it flowed out? Feels like it's all just on paper.
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NewPumpamentals
· 01-11 09:31
690,000 ETH flows into the mixing protocol? Is this privacy demand really that strong, or is everyone just preparing for the next market wave?
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StableBoi
· 01-11 09:27
690,000 ETH flowed into the mixing protocol. This number is a bit shocking—are privacy needs really that high?
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$2.5 billion... It seems like big players are all in on this, while small and medium investors are still losing.
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Net inflow of $1.4 billion indicates that some people still believe in mixing protocols, but such high concentration feels a bit risky.
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Every time I see these large capital inflow data, I want to ask: is this genuine demand or just capital seeking an exit?
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With mixing protocols so popular now, could this be the next sector that regulators target?
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ETH dominates absolutely... it's still a game for big players; small investors can't compete at this level.
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This part of the DeFi ecosystem is indeed underestimated; activity levels are still rising.
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DAOdreamer
· 01-11 09:20
Privacy is definitely a real need, but with so much money pouring in... is it genuine demand or just everyone tinkering around?
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69 million ETH sounds impressive, but how much of it is actually being used?
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Mixing protocols are on fire—is Web3 increasingly needing privacy, or is everyone just hiding something?
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1.4 billion dollars in net inflows—how many people are worried about this?
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All ETH flowing into mixing protocols, are other tokens being abandoned?
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DeFi has basically become a tool for "making sure nobody knows what I'm doing," huh?
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Whether rising capital activity is a good thing or a warning signal really depends on what happens next.
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Why can mixing protocols attract so much capital? Do you really think privacy is that valuable?
The mixing protocol funds surge in 2025: ETH inflows exceed 690,000 coins, reaching a scale of $2.5 billion
【Blockchain Rhythm】Since the beginning of 2025, the funds attracted by the mixing protocol have continued to expand. According to on-chain data, during this year alone, the protocol’s business addresses received over 690,000 ETH. At the current price, this amounts to a total value of approximately $2.5 billion.
More notably, the net inflow situation— in 2025, the protocol achieved a net inflow of $1.4 billion, indicating a continuous influx of funds. Regarding the source of funds, ETH dominates absolutely, becoming the primary inflow asset. This highly concentrated fund structure reflects the main preferences of market participants.
From on-chain activity, mixing services remain a key focus for Web3 users. Whether for privacy protection or asset management needs, the activity level of these protocols continues to rise, making them an integral part of the DeFi ecosystem that cannot be ignored.