Crypto Gaming Weekly Industry Report
Crypto Games Report – 19-25 October 2026
The web3 gaming industry logged $7.5K across 12 tracked capital events this week, up 7.5% on the previous week. Inside: every deal broken out by category (tournament prizes and rewards & incentives), plus the week's biggest stories and the market data behind them.
Key Findings (TL;DR)
Standalone, citable facts from Oct 19-25, 2026. Each is copy-linkable for reporters and analysts.
≈$7.48K in tracked capital events across 12 deals, 84% of it a single tournament prize, with $0 from venture rounds or grants. Airdrops accounted for 0.0% of the week's flow.
Nine Chronicles M ran the week's largest priced deal outside rewards programs: a ~$6.27K tournament prize, 84% of all tracked funding.
1 story cleared our major-news bar this week, out of 782 items reviewed.
Geodnet (GEOD) shed 1,651 token holders (-2.41%), the largest on-chain holder exodus of the week among tracked gaming tokens.
Axie Infinity: Origins led weekly news coverage with 28 mentions across 782 indexed articles.
The JRPG Gaming Index, a market-cap-weighted benchmark of 20 crypto-gaming tokens, closed at 11.66, down 2.24% week-over-week and 9.48% month-over-month.
Week in Review
The week's biggest developments, written up in brief before the numbers that follow.
Top Stories
What to watch
The next several weeks carry four dated milestones. The YMIR Cup Season 3 Regional Qualifier semifinals are set for October 30, with the final following on November 1 across the ASIA1, ASIA2, NAEU, and SA divisions. Cashbox’s refund and transition period runs through Nov 12, 2026, and beginning Nov 13, 2026, the Four Ancient Civilizations enter hibernation with core gameplay suspended. The USDC redemptions for the Awakening Event carry a cutoff date of November 15, 2026.
News Pulse
Every crypto-gaming story and social post we picked up this week, scored for how much it matters.
Coverage by category · of 782 indexed articles · one category each
Most-posted games
- Axie Infinity: Origins 28 posts +11 WoW
- Legend of YMIR 13 posts +7 WoW
- doperaider 11 posts +10 WoW
- Uncharted Tycoons 9 posts +3 WoW
- Nakamoto Games 7 posts −1 WoW
The Week in Money
JRPG tracks every capital event in crypto gaming (venture rounds, grants, airdrops and tournament prizes), from venture rounds down to the smallest community pools, with no minimum threshold. This is total ecosystem money flow.
Nine Chronicles MTournament prize
1.6M NCG combined prize pool across Heimdall Arena Season 25 (1 day left) and Odin Championship #18 (3 days left). Kept as one row because the source announces. 84% of all capital tracked this week.
View data table (8 weeks)
| Week | Total | Deals |
|---|---|---|
| 31 Aug - 6 Sep 2026 | $16.1K | 9 |
| 7-13 September 2026 | $7.7K | 9 |
| 14-20 September 2026 | $23.3K | 11 |
| 21-27 September 2026 | $10.3K | 10 |
| 28 Sep - 4 Oct 2026 | $48.8K | 14 |
| 5-11 October 2026 | $12.3K | 10 |
| 12-18 October 2026 | $7.0K | 9 |
| 19-25 October 2026 (current) | $7.5K | 12 |
Tournament prizes
Planetarium Labs set ~$6.27K (1.6M NCG) as a single combined pool for two concurrent Nine Chronicles M competitions, Heimdall Arena Season 25 and Odin Championship #18, with one and three days of play left at announcement.
| Recipient / Game | Funder | Amount (USD) |
|---|---|---|
| Nine Chronicles M NCG · players |
Planetarium Labs | ~$6.27K |
| Katana Inu KATA · challengers |
ChainVision Games | $500 |
| Katana Inu KATA · winning team |
ChainVision Games | $300 |
| Wild Forest WF · players |
Zillion Whales | ~$132 |
| Wild Forest WF · players |
Zillion Whales | ~$74 |
| datahunter players |
AASTUDIO | $40 |
| Anichess CHECK · top finisher |
Anichess | ~$21 |
| Anichess CHECK · players |
Anichess | ~$20 |
| Anichess CHECK · players |
Anichess | ~$18 |
| Total9 deals | $7,373.66 +757.43% WoW | |
Rewards & Incentives
Wemade Co., Ltd.'s Lucky Totem Event #49 lottery at Legend of YMIR produced no first- or second-place winner, paying 44 third-place players 742,595.127 gWEMIX Pieces each for a ~$60 total distribution.
Top Movers
Wash-Risk AdjustedThe biggest price moves across the report week, each paired with its wash-risk badge, so you can tell a real gain from one riding on fake volume.
| Token | Price | Wk % | Mcap | Wash Risk |
|---|---|---|---|---|
| Aria.AI ARIA | $0.08243 | +91.96% | $15.08M | Many |
| Nexpace NXPC | $0.1709 | +10.72% | $53.29M | Some |
| OVERTAKE TAKE | $0.06802 | +9.35% | $26.38M | Some |
| Decentrawood DEOD | $0.01826 | +7.03% | $10.12M | Some |
| CARV CARV | $0.0359 | +5.79% | $26.28M | Some |
| Token | Price | Wk % | Mcap | Wash Risk |
|---|---|---|---|---|
| Capybobo PYBOBO | $0.0005218 | −26.17% | $18.56M | Some |
| The Sandbox SAND | $0.04765 | −19.64% | $139.57M | Some |
| ApeCoin APE | $0.1257 | −13.41% | $124.61M | Some |
| Four FORM | $0.2196 | −11.53% | $83.82M | Some |
| GALA GALA | $0.001733 | −10.47% | $87.61M | Some |
Holder Flow
Weekly change in the number of on-chain holders per token, a leading signal of community growth or capitulation that price alone hides.
The JRPG Gaming Index
JRPG ExclusiveOur own benchmark for the crypto-gaming market: one number tracking the combined value of the 20 largest gaming tokens, weighted so bigger tokens count for more. We publish it as GTI-20. How it is built
View data table (31 days)
| Date | Index Value |
|---|---|
| Sep 25, 2026 | 12.89 |
| Sep 26, 2026 | 12.92 |
| Sep 27, 2026 | 13.14 |
| Sep 28, 2026 | 12.58 |
| Sep 29, 2026 | 12.68 |
| Sep 30, 2026 | 12.24 |
| Oct 1, 2026 | 12.49 |
| Oct 2, 2026 | 13.63 |
| Oct 3, 2026 | 14.26 |
| Oct 4, 2026 | 14.61 |
| Oct 5, 2026 | 14.49 |
| Oct 6, 2026 | 14.13 |
| Oct 7, 2026 | 13.94 |
| Oct 8, 2026 | 13.42 |
| Oct 9, 2026 | 13.66 |
| Oct 10, 2026 | 13.98 |
| Oct 11, 2026 | 13.96 |
| Oct 12, 2026 | 13.49 |
| Oct 13, 2026 | 13.30 |
| Oct 14, 2026 | 12.76 |
| Oct 15, 2026 | 12.77 |
| Oct 16, 2026 | 12.61 |
| Oct 17, 2026 | 12.64 |
| Oct 18, 2026 | 11.93 |
| Oct 19, 2026 (report week) | 12.32 |
| Oct 20, 2026 (report week) | 12.71 |
| Oct 21, 2026 (report week) | 12.95 |
| Oct 22, 2026 (report week) | 12.11 |
| Oct 23, 2026 (report week) | 12.26 |
| Oct 24, 2026 (report week) | 11.84 |
| Oct 25, 2026 (report week) | 11.66 |
Wash Trading Watch
Scored 0-100Wash trading is fake volume: the same trader on both sides of a deal, making a token look busier than it is. We score every gaming token 0-100 on how strongly its market data shows that pattern. A high score is a flag for further scrutiny, never proof of wrongdoing. More on wash trading
gaming tokens flagged this week for elevated wash-trading risk, with 5 at the maximum severe tier.
Flags fire on volume spikes, price/volume divergence, peer anomalies and volume-to-holder ratios. Scores are advisory, not accusations. Read the methodology
Worst offenders · composite score
- 1 Monsterra MSTR Volume spike + Divergence Severe 100
- 2 Pankito PAN Volume spike + Divergence Severe 75
- 3 League of Kingdoms LOKA Volume spike + Divergence Severe 62
- 4 Striker League MBS Divergence Severe 60
- 5 BloodLoop $BLS Divergence Severe 53
- 6 UniX UNIX Volume spike + Divergence Many 100
- 7 VEMP Horizon VEMP Volume spike + Divergence Many 68
- 8 Pixels PIXEL Peer anomaly + Vol/mcap Many 49
Methodology & Cite This Report
How every number here is sourced and built. Cite or republish it with attribution.
JRPG Gaming Index
Market-cap-weighted across 20 gaming tokens, rebased to absorb constituent additions and removals. Prices and caps from aggregated CEX/DEX feeds, deduplicated per token.
Funding Tracker
We capture every public capital event (VC, grant, airdrop, tournament), from venture rounds down to the smallest community pools (no minimum threshold), by hand and by feed. Each event carries a USD value and confidence rating; we flag any figure we derived.
Wash-Risk Score
A 0-100 composite from volume-spike detection, price/volume divergence, peer comparison and volume-to-holder ratios. Bucketed minimal / some / many / severe. Advisory only, not an accusation of fraud.
Holders
Holder counts are on-chain snapshots, differenced week-over-week per contract.
JRPG. "Crypto Games Report – 19-25 October 2026". Crypto Games Report, Week 43, 2026. https://jrpg.com/crypto-games-report/
Republish it freely. Credit JRPG and link back to the Crypto Games Report: not this edition's own URL, so the citation keeps resolving after newer editions supersede it.
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Report Archive
Every weekly and monthly edition, grouped by cadence. View the full data for any past report online.
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Frequently Asked Questions
What is the JRPG Gaming Index?
The JRPG Gaming Index (GTI-20) is a proprietary, market-cap-weighted benchmark of the top 20 crypto and web3 gaming tokens by market cap, drawn from a broader universe of 459 tokens we track across the sector, an S&P 500 for blockchain gaming. For this report week it closed at 11.66, down 2.24% week-over-week.
How is wash trading detected?
We score each gaming token from 0 to 100 on wash-trading risk, using on-chain and market-microstructure signals: abnormal volume spikes, price/volume divergence, and volume-to-holder ratios. Each token lands in one of four buckets: minimal, some, many, or severe. This week we flagged 10 tokens. The scores are advisory, not accusations of fraud.
How is funding tracked?
JRPG captures the full spectrum of capital entering crypto gaming (venture rounds, grants, airdrops, and tournament prizes), from venture rounds down to the smallest community pools: no minimum threshold, not just headline VC deals. Each event is verified, valued in USD, and given a confidence rating. This week logged $7,483.59 across 12 events.
Can I cite or republish this report?
Yes. The JRPG Crypto Games Report is free to cite and republish with attribution to the "JRPG Crypto Games Report" and a link back to the original report URL. A ready-to-paste citation is provided in the Methodology & Cite section.