According to DefiLlama data, the total funding for the Web3 industry reached $3.877 billion in October 2025, marking the second-highest level in history, second only to the peak of $7 billion in November 2021. Polymarket, Tempo, and Kalshi contributed the majority of this month's funding, raising approximately $2 billion, $500 million, and $300 million respectively, accounting for over 70% of the total funding.