Onchain Gambling Hit $51B in 2025 Despite Crypto Pullback, TRM Labs Says

TRM Labs said onchain gambling reached $51 billion in 2025, as the sector continued to draw activity even during a broader pullback across crypto markets.

The development matters because it suggests gambling remains one of the more durable onchain use cases when market sentiment weakens. According to TRM Labs, repeat users and stablecoin flows helped keep activity moving while other parts of the crypto ecosystem faced pressure.

Stablecoins are especially relevant to onchain gambling because they can reduce exposure to volatility compared with more speculative crypto assets. The source material does not specify which stablecoins led the activity or how flows were distributed across platforms.

TRM Labs also reported that the sector recorded a $14 billion quarter, underscoring that gambling activity did not disappear during the downturn. The figures point to continued user engagement, though they do not by themselves indicate whether the trend will continue.

The data adds to the broader picture of how crypto usage can shift during market weakness. While token prices may fall, some transaction-driven sectors can still generate significant onchain volume.