Doma Weekly: From 0 to 100 launches in under 90 days

That escalated quickly.

Less than three months ago, the first domain token went live.
Now we’re past 100 launches, 57 bonded domains, $155K+ in capital raised and the DomainFi flywheel is clearly spinning.

DomainFi isn’t theoretical anymore. It’s active.

From 0 → 100 Launches

The first token we launched was $SOFTWARE.AI on December 1, 2025. Today it has 3,267 holders and more than 3,370 minted subdomains, a whole ecosystem forming around a single name.

By the end of February, we have now crossed 100 launches on Doma.

That’s roughly one new domain token every 21 hours during the sprint. And the pace isn't slowing down. If anything, it’s accelerating.

The Numbers That Actually Matter

• Bonded domains: 57
• Bonding rate: 57%
• Total capital raised (bonded): $155,455
• Unique domain owners onboarded: 21
• Highest single-domain raise: $43,750 (Brag.com)
• Top FDV at launch: $18M (Brag.com)
• Average % sold per bonded auction: 46.2%

More than half of the first 100 launches successfully bonded.

That’s not hype. That’s liquidity forming.

The Bonding Story

57 bonded domains means 57 tokens that:

• Hit their funding threshold
• Went live
• Became tradeable
• Opened up staking + pool activity

Over $155K was unlocked from domains that otherwise might’ve just sat parked.

That’s the DomainFi model working in the real world.

.com Still Dominates, But .ai Is Punching Hard

.ai domains raised more than 2x the average per launch vs .com.

The market is clearly assigning a premium to AI-native namespaces.

That’s not a narrative, that’s what the data says.

Hall of Fame

🥇 Brag.com: $18M FDV — $43,750 raised — 5% sold
🥈 Software.ai: $2.5M FDV — $34,375 raised — 25% sold
🥉 Boner.com: $1.5M FDV — $27,500 raised — 20% sold
4️⃣ Wines.xyz: $475K FDV — $11,500 raised — 20% sold
5️⃣ Swimsuits.ai: $350K FDV — $11,000 raised — 40% sold

These five launches capture the range of strategies emerging inside DomainFi.

From bold, high-conviction pricing plays like Brag.com at an $18M FDV, to strong mid-market demand for AI-native assets like Software.ai and Swimsuits.ai, each launch tells a different story about how the market evaluates digital real estate.

Some sold a smaller percentage at higher valuations. Others moved more supply at lower FDVs. It’s price discovery happening in real time.

Success Stories

Beyond the numbers, what’s been forming quietly is something even more important: narrative.

Some of the first 100 launches aren’t just data points, they’re early case studies for what DomainFi can look like when conviction meets infrastructure.

• Brag.com: $18M FDV, $43K raised. An audacious pricing strategy and a pure conviction play. High valuation, low percentage sold, strong signal of long-term positioning.
• Software.ai: The very first Doma launch. A flagship .ai tokenized on day one. This is the origin story of the entire sprint from 0 to 100.
• Wines.xyz: Alessandro’s launch at a $475K FDV, already bonded. A clean example of DomainFi going global and onboarding international owners.
• Art Malkov / DePin.ai: Art tokenized a DePIN-sector name on a DePIN-adjacent chain. Meta in all the right ways. $8K raised and a strong sector-native narrative.
  👉 Read the full success story here.
• Monte Cahns domain portfolio: Five domains launched. All bonded. An OG domain investor leaning fully into DeFi rails.
  👉 Read the full success story here.

These are the early believers, the owners who didn’t just watch from the sidelines but experimented, priced boldly, and tested liquidity in the open market.

Launch Velocity

December: 16 launches
January: 32 launches
February: 54 launches

That acceleration tells the real story.

Doma went from 0 to 100 launches in under 90 days and we’re building the systems to scale that rhythm even further.

Doma is growing and steadily hitting new milestones:

This week we crossed two more major milestones: $42M+ in total volume and 4.6M+ total transactions, another clear signal that activity on Doma keeps compounding.

➤ Total Volume: $42.57M
➤ Total Transactions: 4,618,587M
➤ Total Tokenized Assets: 111.413K
➤ Total Wallets: 29.188K
➤ 101 Domain Tokens Launched

Top 3 Tokens With Most Holders:

$INVESTORS.XYZ - 11.047K
$2026LFG.COM - 4.158 K
$OWNANDTRADE.COM - 4.070K

Top 3 Pools By TVL:

USDC.e-ETH (Fee Tier 0.05%): $206.9K
USDC.e-ETH (Fee Tier 0.30%): $183.2K
USDC.e-SOFTWARE.AI (Fee Tier 0.30%): 70.1K

Product Updates

Referrals are now live on Doma.

Every user has a personal referral link.
It takes under a minute to grab it.
Share it. Bring people in. Earn points.

The more active users you onboard, the more you earn. It’s a clean way to grow the network without relying on paid growth or gimmicks.

And yes, we dropped a walkthrough for it 👇

WWW#6: Weekly Wednesday Walkthrough

AMA with Tom Barrett - Founder & President EnCirca

Tom talked about how the domain industry is evolving and how Doma fits into that shift. He explained why .com still dominates even as new TLDs and repurposed country codes like .ai gain traction. A big focus was on bringing traditional DNS and Web3 closer together: how Doma’s model makes ICANN registrars the custodians of both the DNS name and its onchain representation.

He highlighted new opportunities unlocked by tokenization and Web3 rails and new ways of unlocking liquidity and the idea that the next wave of successful entrepreneurs will pair deep domain expertise with agentic AI to build new businesses on top of this infrastructure.

Success is never a straight line. And you will make mistakes in everything. That's how you learn. You can't learn from books or videos or YouTube. You have to go out and try it yourself.

Looking Ahead

100 launches isn’t the finish line.
As our CEO, Fred Hsu put it: < 100 down, 386M+ to go

It’s proof that:

• Domain owners are willing to experiment
• Capital will show up
• Liquidity can form around internet-native assets
• DNS and DeFi don’t have to live in separate worlds

If you want to follow along as this space evolves in real time, make sure to follow us on X and join the conversation on our Discord.

See you next week 💠