Crypto’s ‘superapp’ race is on as industry enters aggregation era: Report

According to Delphi Digital, Crypto exchanges are racing to become the home screen for trading, payments, and Web3.

According to a new report from Delphi Digital, crypto platforms are quietly morphing into distribution layers for everything from trading and payments to onchain apps and yield. 

The “superapp” vision that reshaped consumer finance in Asia is now colliding with Western UX preferences and clearer regulation, and exchanges are betting that whoever controls the primary interface will control the next wave of users.

The report concludes that crypto is entering an “aggregation era,” where the real power no longer sits with base protocols but with whoever owns the user relationship. In other words, the place where people first log in, move money, and discover products. 

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