The four largest iGaming tokens, also called GambleFi tokens, by market cap, RAIN, SHFL, BC and RLB, were valued at about $6.4 billion on 23 October 2026. Across every market CoinGecko tracks for them, about $410,000 of selling would have pushed their prices 2% lower. Market cap multiplies the last price by every circulating token; depth shows how much can actually be sold close to that price. We pulled both for the 13 GambleFi tokens we follow from the CoinGecko API at 17:01 UTC (19:01 CEST) and compared them with pool reserves on GeckoTerminal.
How we measured
For each market it tracks, CoinGecko’s tickers endpoint estimates the cost to move the price 2% up or 2% down, from the exchange order book or the liquidity pool. We added up the sell-side figure (−2%) across all markets for each token and left out markets CoinGecko flags as stale or anomalous. The figures are a snapshot: order books change by the minute, and trading inside a casino’s own platform, where that exists, is not included.
RAIN: billions in market cap, thousands in depth
RAIN, the Arbitrum-based prediction protocol token that dominates CoinGecko’s GambleFi category, had a market cap of $5.92 billion and $13.2 million of 24-hour volume on 13 markets that CoinGecko did not flag, 11 of them centralised exchanges. Its combined sell-side depth was about $27,500, and its buy-side depth about $29,800. That is roughly $1 of depth for every $215,000 of market cap. HTX reported $3.3 million of the day’s volume with about $1,400 of sell-side depth. CoinGecko flagged the BingX market, which reported $5.3 million, as anomalous, so it is not counted. The main Uniswap pool on Arbitrum, RAIN/WETH at 0.01%, held about $322,000 according to GeckoTerminal. High reported volume next to thin books can have several causes, and a single snapshot does not show which applies. Our RAIN report covers the token’s valuation and burns.
Casino tokens trade mostly in one pool
For the large casino tokens, most of the depth sits in a single decentralised pool. Shuffle’s SHFL ($236 million market cap) had about $193,700 of sell-side depth, almost all of it in the SHFL/USDC pool on Uniswap V3, which held about $9.6 million in reserves. XT.COM reported $361,000 of SHFL’s $1.32 million daily volume, about 27%, but showed about $1,900 of depth. Rollbit’s RLB ($118 million) had about $112,600 of depth across four Uniswap markets, with about $5.6 million in its three main pools. BC.Game’s BC ($121 million) trades on one tracked market, a Raydium pool against SOL with about $3.8 million in reserves and about $76,100 of depth. Only part of a pool’s reserves sits close to the current price, especially in concentrated-liquidity pools such as Uniswap V3 and Raydium CLMM. By this measure the three tokens carry about $1,000 to $1,600 of market cap per $1 of depth.
The smaller tokens
TG.Casino’s TGC ($11.6 million) had about $23,300 of depth, nearly all in a Uniswap V2 pool holding about $1.17 million. BetFury’s BFG ($9.7 million) had about $10,700 of depth but only $381 of 24-hour volume. SolCasino’s SCS ($5.0 million) had about $4,200 of depth across Meteora, Raydium and Orca pools. Below that, CoinGecko showed market caps of about $300,000 or less and daily volume of a few hundred dollars or less for WSM ($71), HUNNY ($435) and BAZED ($5). It showed no market cap for MRC or for SX, whose token is being sunset, and its data for WickedBet’s WIK were last updated on 28 June 2026.
Key facts
Snapshot: CoinGecko API, 23 Oct 2026, 17:01 UTC; GeckoTerminal pools 17:01 UTC.
Four largest: RAIN, SHFL, BC and RLB, $6.4bn combined market cap; about $410,000 combined −2% depth.
RAIN: $5.92bn market cap, $13.2M 24h volume, about $27,500 of −2% depth.
SHFL: $236M; about $193,700 of depth, nearly all in one Uniswap V3 pool ($9.6M reserves).
RLB / BC: $118M / $120M; about $112,600 / $76,100 of depth.
Smaller tokens: TGC $23,300, BFG $10,700, SCS $4,200 of depth; WSM, HUNNY and BAZED under $500 of daily volume.
Why it matters for GambleFi
A market cap says what all tokens would be worth at the last price, not what holders could get by selling. For tokens whose value depends on burns, staking or revenue share, explained in our game mechanics guide, thin depth means even modest selling moves the price. Goated stopped free trading of its token in August 2026 after blaming a price swing on winnings sold into a thin pool. Liquidity is also becoming a regulatory test: Curaçao’s crypto guideline asks licensed casinos to classify speculative tokens by their liquidity and volatility; our report on the Curaçao crypto rules covers the deadline. This is a data report, not investment advice.