Decoding the established wallet that is growing against the trend in a bear market: TokenPocket

Abstract

In the ongoing bear market of the cryptocurrency market, most wallet projects face challenges of user attrition and declining transaction volumes. However, TokenPocket, a well-established decentralized wallet founded in 2018, has achieved significant counter-cyclical growth through its long-term stable operational strategies and technological innovations. According to the latest data from Dune Analytics, TokenPocket's cross-chain aggregation swap, Transit Swap, ranks first with 269,000 weekly active trading users, followed by Binance Wallet's DEX (94,000) in second place, and OKX Wallet and MetaMask's DEX closely behind.
This report reveals the key factors that have allowed TokenPocket to stand out in the bear market by analyzing its core features, including long-cycle product positioning, narrative adaptability, security modularization, stablecoin strategy, self-developed DEX aggregator, and community reputation.

Data Overview and Background

Founded in 2018, TokenPocket is one of the few wallets in the crypto industry that has maintained growth through multiple market cycles. By the end of 2025, its total user base exceeded 35 million, with daily active users (DAU) reaching 3.5 million, monthly active users (MAU) surpassing 5 million, and total downloads exceeding 50 million (TokenPocket 2025 Annual Report).

Additionally, TokenPocket's built-in DEX aggregator, Transit, experienced explosive growth in 2025: weekly active addresses increased by 473% year-on-year, transaction counts rose by 687%, and transaction volumes grew by 668% (Transit 2025 Annual Report). Transit has accumulated over 5 million active addresses, with monthly active addresses exceeding 1 million, making it the top decentralized wallet DEX globally. These data indicate that, in a bear market lacking large airdrops or collaborative projects, TokenPocket has maintained user stickiness and transaction activity through intrinsic product motivation.

Core Drivers of Counter-Cyclical Growth in a Bear Market

TokenPocket's growth in the bear market is not coincidental but stems from a series of strategic features. These features reflect its proactive grasp of user pain points and continuous iteration capabilities. The analysis is conducted from six dimensions:

1. Long-Cycle Product Positioning: 8 Years of Low-Key Operation, 0 Security Incidents

TokenPocket has always emphasized long-term sustainable development. Since its launch in 2018, the team has consistently prioritized security and stability as core principles, maintaining a record of zero security incidents. Such long-term stable operation is particularly rare in the crypto industry. Especially during bear market phases, users' focus on asset security often increases.

At the same time, TokenPocket's product iterations have always revolved around real user needs. Initially serving Crypto Native users, it focused on optimizing multi-chain compatibility and was the first wallet to provide complete support for multi-chain Dapps; as the meme asset craze emerged, it was the first to launch real-time market data and token security checks, attracting more meme trading users; in recent years, it has continuously introduced new features and experience optimizations around stablecoin settlements and on-chain trading needs.

By 2026, TokenPocket's user base has grown from a few million in its early days to over 35 million. This sustained accumulation growth model has allowed it to avoid reliance on short-term trends or marketing hype, instead establishing a stable user base through long-term product iteration and reputation accumulation.

2. Multiple Precise Captures of Crypto Narratives

TokenPocket has demonstrated a keen narrative capture ability in product adaptation, completing layouts in the early stages of almost every crypto cycle.

• DeFi Era: During the 2020 DeFi Summer, TokenPocket was the first to deeply integrate protocols like Uniswap and Compound, supporting liquidity mining and lending functions, helping users seamlessly participate in the DeFi boom.

• Zoo Meme Era: In 2021, TokenPocket quickly supported Dogecoin, Shiba Inu, and meme assets on the BSC Chain, providing one-click import and trading, capturing the retail-driven meme wave.

• Meme Trading Era: TokenPocket was the first to launch built-in Swap, real-time market data, token security checks, and limit trading features, further optimizing the trading experience for meme assets.

This forward-looking product adaptation not only optimized user experience but also continuously brought new user growth across multiple market narratives.

3. Security Function Modularization: Early Disassembly of Scams and Launch of Protective Mechanisms

Unlike many wallets that view security as an ancillary function, TokenPocket has designed security as an independent product module, proactively addressing industry pain points. Its features include: token security checks, approve risk monitoring, permit authorization reminders, prohibiting high-risk signatures like eth_sign, and a series of anti-phishing measures.

These features stem from the team's deep disassembly and capture of the latest scams; for example, after multiple Permit2 vulnerability incidents in 2024, TokenPocket quickly iterated its protective measures.

4. Stablecoin Strategy: Early Layout of Real Use Cases

TokenPocket bet on the growth potential of stablecoins as early as 2023, launching stablecoin gas payment services. As the total supply of stablecoins surpassed $300 billion in 2026 (Defilama data), its strategy has proven effective. Key innovations include:

• Stablecoin Gas Payment: Users can pay transaction fees with USDT/USDC without holding native coins, completing transfers, swaps, and cross-chain transactions on mainstream public chains. This feature addresses the entry pain points for newcomers, lowering the usage threshold.

• Zero-Fee Stablecoin Transfers: Supports free transfers of mainstream stablecoins across multiple chains, including USDT/USDC/USD1 on BNB Chain, USDC/USDT/DAI on Polygon, USDT/USDD on TRON, and USDT/USDC on Solana.

These features have allowed TokenPocket to form a differentiated advantage in stablecoin use cases, driving its penetration in emerging markets.

5. Self-Developed DEX Aggregator Transit: User-Friendly Functional Innovations

Transit, as a core component of TokenPocket, provides a one-stop trading solution:

• Optimal Aggregated Trading: Integrates top DEXs, deeply aggregates liquidity, ensuring users get the best prices.

• Instant Cross-Chain: Supports all mainstream public chains, enabling core assets to cross chains in seconds, reducing slippage and wait times.

• Professional Terminal and AI Insights: Limit order mode, real-time profit and loss analysis, AI risk scanning, and Alpha coin push notifications help users seize opportunities.

The innovations of Transit not only enhance TokenPocket's competitiveness but also reduce reliance on external projects through an intrinsic trading ecosystem.

6. Community Reputation Driven: Emphasis on Community and Risk Prevention

TokenPocket has always placed a high value on community building. The team responds promptly to user issues, rigorously reviews collaborative projects, and provides multi-layer risk interception and security alerts within the app, proactively helping users avoid risks.

These measures continuously enhance user trust and gradually accumulate a solid community reputation. Meanwhile, TokenPocket's minimalist UI design and smooth interaction experience have lowered the usage threshold for new users, making it the "entry wallet" for many users entering Web3.

Conclusion

TokenPocket's counter-cyclical growth in the bear market stems from its product philosophy: focusing on user security and trading needs, combined with narrative adaptability and innovative features, forming a closed-loop ecosystem. Although current market speculation enthusiasm for crypto assets has cooled, the practical value of stablecoins as infrastructure continues to strengthen, especially in settlement efficiency and global payment scenarios; at the same time, the rapid rise of AI Agents is creating demand for "Agent-to-Agent" micropayments, and the instant, low-cost, programmable characteristics of stablecoins perfectly serve as the natural settlement layer for this emerging economy—TokenPocket's recent experience in stablecoin payments has established a clear first-mover advantage in the direction of stablecoin payments + AI narratives. In the future, as stablecoin settlements and AI narratives deepen, TokenPocket is expected to further consolidate its leading position. Investors should pay attention to its expansion in emerging markets and AI integration potential to capture potential opportunities. This report's data sources are from Dune Analytics and official reports, and it is recommended to verify against real-time market dynamics.