Crypto trading firm Keyrock said Onchain Asset Management is having a breakout year.
In a new report, the firm estimated that assets under Management (AUM) advanced 118% from 2025 to $ 35 billion, encouraged by the growth of automatic vaults, deciding techniques, structured products and credit.
Keyrock foretold that the sector could be nearly twice aside in 2026, reaching $ 64 billion under a base case scenario, or more $ 85 billion if this year’s growth momentum continues.
Discretionary techniques were the standout in 2025, up to 738% year-to-date, while onchain investment changes a credible alternative to traditional finances, the report said.
Keyrock’s report highlights that three protocols, morpho, pendles and maples, are now controlling 31% of the industry’s AUM, emphasizing both scaling leadership and protocol risk of concentration.
The yield vaults remain the main point of entry for allocators, which regulates $ 18 billion in deposits.
While smaller wallets dominate the number, whales and dolphins provide excess majority of liquidity, the report mentioned, contributing 70% -99% of capital to the techniques.
The performance is matured, with the net return competitive in the traditional market but not evenly equal, the firm said. The automatic yields of the vaults released their Trade peers by approximately 186 points basis after fees, while structured products and onchain credit were caught slightly once the costs were -factored.
Discretionary techniques have delivered results such as fence funds with extra benefits of liquidity and transparency, the report added.
The Brussels-based firm recently expanded in the management of property and wealth in taking Turing Capital, a funding manager registered by Luxembourg.
Read more: Crypto trading firm Keyrock bought Luxembourg’s Turing Capital at Asset Management Push
