DePHY

Name

DePHY

Legal name

DePHY

Website

https://dephy.io

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Decentralized Physical Infrastructure Network (DePIN)

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design and Related Services (5415)

SIC

Services-Computer Programming Services (7371), Computer Communications Equipment (3576)

akta.pro primary industry

DePIN Orchestration, Scheduling & Middleware (resource discovery, job scheduling, workload orchestration) (FSAPALAK)

akta.pro secondary industries

DePIN Hardware, Devices & Supply Chain (miners/routers/hotspots, firmware, device management) (FSAPALAJ), Decentralized Wireless & IoT Networks (LoRaWAN/5G/WiFi hotspots, sensor networks) (FSAPALAE), DePIN Payments, Incentives & Reputation (token incentives, staking/slashing, QoS/reputation, settlement) (FSAPALAL)

Keywords

• DePIN infrastructure
• Decentralized messaging network
• Blockchain oracle services
• Open-source hardware SDK
• Device identity management

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Infrastructure Services for DePIN Projects: DePHY provides infrastructure services including messaging networks, oracle services, and rollup solutions to DePIN projects. Projects such as Starpower, Apus Network, DeCharge, AeroNyx, and PowerPod leverage DePHY's middleware and hardware solutions to build and scale their applications.
2. Open-Source Hardware Solutions: DePHY offers open-source hardware designs that projects can customize and manufacture, simplifying hardware design and production processes. Projects like Starpower utilize these designs to complete hardware in short timeframes and move into mass production.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

DePHY provides a decentralized low-latency off-chain network for DePIN (Decentralized Physical Infrastructure Networks) with verifiability and composability. Its core offering includes open-source hardware solutions, SDKs, a messaging network (DePHY Stream), Rollup infrastructure, ZK-powered Oracle services, and Soulbound DID for devices, enabling hardware products to bridge to blockchains with 500ms node synchronization and end-to-end trust chain transfer from chip to blockchains.

Product overview

DePHY is a unified platform framework for building DePIN (Decentralized Physical Infrastructure Network) applications. The core DePHY platform provides the foundational infrastructure layer, complemented by DePHY Mining as the user-facing application for network participation, DePHY Stream as the low-latency messaging network for data transmission, and MCP Mesh for distributed task execution. A DePIN Projects Launchpad is planned to expand the ecosystem. The platform connects DePIN data to any blockchain and provides supporting infrastructure including Rollup and Oracle services, with open-source hardware designs enabling rapid prototyping and deployment of physical infrastructure devices.

Differentiator

Problem solved

Functional benefit

Products and services

• DePHY Core Platform Core decentralized infrastructure platform providing open-source hardware solutions, SDKs, and tools for building and scaling DePIN applications. Offers a low-latency off-chain messaging network with verifiability and composability features, Rollup infrastructure, Oracle services, and an end-to-end trust chain from chip to blockchains.
• DePHY Mining User-facing application where users can participate in the DePHY network by staking tokens and operating nodes to earn rewards through the network's economic model. Designed for node operators and network participants.
• DePHY Stream The messaging network component of DePHY that enables data subscription and publishing between DePIN devices and blockchain networks, operating at 500ms latency for real-time data transmission with a Solana Devnet preview.
• MCP Mesh A distributed task execution and distribution mesh that enables efficient management and allocation of computational jobs to eligible network nodes. Connects DePHY nodes to all standard IoT devices across Apple, Google, and Amazon platforms, allowing devices to publish data and developers to subscribe to authorized sensor data.

Quantifiable outcome

• Prototype verification completed within 30 days for Starpower
• +6 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature9 records

Partnerships

Five partnerships are on record, tiered core.

• Phala CloudcoreStrategic or Co-development PartnerDePHY integration with Phala Cloud to power Phala's tokenomics. This is a critical strategic step to ensure long-term economic stability and security of the DePHY ecosystem, aligning incentives and leveraging Phala's infrastructure to enhance functionality and value capture. Planned for Q1 2026.
• JitocoreStrategic or Co-development PartnerDePHY integration with Jito Node Consensus Network (NCN) planned for Q2 2026. This integration will significantly enhance economic security and verifiability of DePHY Stream.
• DeChargecoreTechnology or IntegrationDeCharge is a project built on DePHY infrastructure, leveraging DePHY's messaging network and DID system to build a decentralized EV charging network. It is part of the DePHY ecosystem with significant traction (150+ locations, 500+ customers).
• StarpowercoreTechnology or IntegrationStarpower is an innovative virtual power plant platform built on DePHY infrastructure. It uses DePHY's middleware for data transmission and open-source hardware designs. DePHY's DID system ensures verifiability of energy data. Starpower has 2,000+ units produced and 8.6M+ daily messages through DePHY.
• Apus NetworkcoreTechnology or IntegrationApus Network is building a decentralized GPU network on DePHY infrastructure, using DePHY DID for device identity verification and restaking mechanisms for economic security. Over 2,000 GPUs are prepared for deployment on the Solana mainnet.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• IoTeX: IoTeX is a blockchain platform purpose-built for IoT/DePIN applications, providing device identity, secure hardware integration, and data oracle services — directly comparable to DePHY's core offering of decentralized messaging, DID, and oracle infrastructure for DePIN. Notably, IoTeX is also a listed backer of DePHY.
• Helium: Helium operates one of the largest DePIN wireless networks, providing decentralized connectivity infrastructure with its own token-incentivized model. Comparable to DePHY as both sit in the DePIN infrastructure layer, though Helium is more vertically focused on wireless while DePHY is horizontally positioned as middleware.
• Render Network: Render is a DePIN GPU compute network that connects idle GPU providers with 3D rendering and AI workloads. It overlaps with DePHY's Apus Network and AeroNyx ecosystem projects in decentralized GPU/compute, and competes for the same builder mindshare in the Solana DePIN ecosystem.
• Akash Network: Akash is a decentralized cloud computing marketplace offering compute resources via blockchain-based marketplace. Comparable to DePHY's MCP Mesh and DePHY Stream as infrastructure for orchestrating and scheduling decentralized compute workloads for AI/decentralized GPU use cases.
• Filecoin: Filecoin is a DePIN storage network providing decentralized data storage with verifiable proofs. While focused on storage rather than DePHY's messaging/orchestration focus, both are foundational DePIN infrastructure layers with similar token-incentivized supply-side models.

Emerging players

• Nodle Network: Nodle is a DePIN wireless network that crowdsources connectivity from smartphone-based Bluetooth nodes. It overlaps with DePHY's IoT/wireless DePIN use cases, particularly in providing device-level identity and verifiable data relay from edge devices.
• DIMO: DIMO is a DePIN network for vehicle data, allowing car owners to monetize telemetry. Comparable as a DePIN vertical application that could leverage DePHY's messaging/DID infrastructure, and analogous in approach (open hardware + token incentives + developer ecosystem).
• Phala Network: Phala provides confidential computing via TEE (Trusted Execution Environment) on a decentralized network, directly overlapping with DePHY's TEE-based device identity and verification features. Phala is also a strategic integration partner for DePHY (Q1 2026).
• Hivemapper: Hivemapper is a DePIN mapping network using dashcam-equipped vehicles to build decentralized maps. Comparable in being a DePIN project with hardware deployment, token incentives, and data infrastructure — though Hivemapper is application-layer where DePHY is middleware.
• WeatherXM: WeatherXM is a DePIN weather network using community-deployed weather stations. Analogous to DePHY's Starpower use case (decentralized physical sensors with token incentives and verifiable data relay), though operating in a different vertical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/dephynetwork
• GitHubgithub.com/dephy-io
• LinkedInlinkedin.com/company/dephynetwork

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DePHY