Source: Arkham Intelligence. Snapshot 2026-04-21 at 16:37 UTC.
Stake is the largest clustered operator in the industry by a wide margin. The number is not a surprise. The composition is.
Stake.com reserve balance across the last five weekly snapshots. Source: Arkham Intelligence entity cluster, snapshotted every Tuesday at 16:37 UTC.
Stake currently sits at #1 of 5 by total clustered on-chain liquidity. The ranking reflects what Arkham has tagged, not full operator reserves. Numbers below are snapshot values in USD.
| # | Operator | Reserves (USD) | Addresses tracked |
|---|---|---|---|
| 1 | Stake.com | $351.24M | 7.6M |
| 2 | Rainbet.com | $52.99M | 330K |
| 3 | BC.Game | $26.89M | 1.6M |
| 4 | Roobet.com | $12.38M | 3.2M |
| 5 | Gamdom.com | $649.2K | 183K |
Three hundred and fifty million dollars in tagged wallets puts Stake in a tier of one. Roobet, the nearest operator by player count, sits at roughly a twentieth of Stake's reserves. That gap does not map to Stake being twenty times more trustworthy. It maps to Stake running the biggest book and keeping more of its float on-chain in plain view.
Seventy-four percent of the balance sits on Ethereum, almost entirely in ETH and stablecoins. Solana comes in second at fourteen, BNB Chain at six, Tron at five. Bitcoin, for a casino that markets BTC heavily, is a rounding error. The read there is not that Stake avoids Bitcoin, it is that incoming BTC deposits get swept into ETH and stables quickly. Volatility is hedged off the operational book.
The stablecoin share is the number to watch. USDC, USDT, BSC-USD, and DAI together are in the nine-figure range. That is a deliberate risk posture: match player balances with dollar-denominated assets, leave the directional bets to the players. At peak in 2021 and 2022 reserves touched roughly 600 million. Today's level reflects a normalised operational footprint, not a distressed one.
What to watch next: movement in the Ethereum share. A drop to below sixty percent, with corresponding growth in Solana or Tron, would imply Stake is rebalancing towards cheaper chains. That is a cost story, not a solvency story, but it is the kind of shift we flag.
Largest indexed operator in this test set by a wide margin. Heavy concentration on Ethereum. Bitcoin balance is unusually low for a crypto casino with BTC as a nominal flagship coin, which implies the operational float is kept mostly in ETH and stablecoins and BTC deposits are converted quickly. Peak of roughly $600M in 2021 to 2022, current level reflects a normalised operational footprint rather than a distressed state.
| Chain | USD value | Share | Top asset |
|---|---|---|---|
| Ethereum | $259,240,000 | 74% | ETH |
| Solana | $50,000,000 | 14% | SOL |
| BNB Chain | $20,670,000 | 6% | BSC-USD |
| Tron | $17,020,000 | 5% | USDT |
| Polygon | $4,230,000 | 1% | USDC |
| Bitcoin | $78,020 | 0% | BTC |
| Base | $37 | 0% | CBBTC |
| Arbitrum | $10 | 0% | USDC |
| Dogecoin | $10 | 0% | DOGE |
| Avalanche | $1 | 0% | AVAX |
| Optimism | $0 | 0% | OP |
| Asset | USD value | Price at snapshot |
|---|---|---|
| ETH | $186,770,000 | $2,314.72 |
| USDC | $54,520,000 | $1.00 |
| SOL | $36,130,000 | $85.99 |
| USDT | $36,100,000 | $1.00 |
| BSC-USD | $8,440,000 | $1.00 |
| DAI | $7,940,000 | $1.00 |
| WETH | $7,120,000 | $2,312.84 |
On-chain reserves are a floor, not a ceiling. An operator can hold more than this in wallets that have not been clustered, or less than this if they owe player balances that exceed their on-chain float. This page is one input among several. Use it alongside payout test results, licensing, and dispute history.
Source: Arkham Intelligence. Numbers are a manual snapshot, not a live feed.
Arkham Intelligence clusters public blockchain addresses and assigns them to entities. Their analysts link deposit addresses, hot wallets, and cold storage to operator entity pages through on-chain flow analysis. We take a weekly snapshot of the tagged balances on Tuesdays at 16:37 UTC and publish the result here. We do not run Arkham, we do not influence the clustering, and we do not pay for custom tagging. If Arkham updates its cluster, our next snapshot reflects the change.
We do not publish a live feed. Live feeds create a false sense of precision that the underlying clustering work does not support. A weekly snapshot with a dated timestamp is the correct resolution for this kind of data.
