State of Akash Q4 2025
Key Insights New leases increased 28% QoQ, rising from 26,800 to 34,300, extending the recovery in deployment activity after earlier declines in the year.
Network revenue fell 46% QoQ in USD due to the 65% drop in AKT’s price, but AKT-denominated revenue increased 16% QoQ and 229% YoY, indicating continued network activity.
GPU usage declined 46% QoQ, while capacity fell 16% QoQ to 587 GPUs.
However, GPU capacity remained 1.7% higher YoY, indicating stable long-term infrastructure growth.
The Mainnet 14 upgrade migrated Akash to Cosmos SDK v0.53, while AkashML introduced a managed inference layer to simplify AI deployment on decentralized GPUs.
A total of seven governance proposals were approved in Q4.
Governance proposals during the quarter funded protocol upgrades, engineering development, and operational support, including coordination of the Mainnet 14 migration and subsequent upgrades.
Primer Akash ( AKT ) is a decentralized cloud computing marketplace that facilitates the buying and selling of compute resources.
It is an open-source, permissionless protocol that provides an alternative to today’s centralized cloud services (i.e., AWS, Azure, and Google Cloud).
Akash aims to leverage underutilized server capacity, which can range from 5% to over 30% .
Akash is a Tendermint -based, Layer-1 network built using the Cosmos SDK .
Marketplace activity (requests, bids, lease details, etc.) is stored onchain, and payments are settled with Akash’s native token, AKT.
The Akash marketplace functions via a reverse auction, giving users the ability to name a price and describe the resources they want for deployments.
Akash’s decentralized network of compute providers runs its open-source software and competes to provide resources, often at a fraction of the cost of big cloud providers.
Specifically, Akash hosts containers where users can run any cloud-native application (e.g., AI workloads, gaming servers, blockchain nodes, and websites).
