According to on-chain referral data, Marketplace providers (Grails, Vision, and SnipeZone) currently account for 20.5% of all new-registration revenue and 19.9% of all renewal revenue sources.
Referrer Share of ENS Registrations & Renewals (H1 2026)
| Channel | New registrations | Renewals | Total (ETH) |
|---|---|---|---|
| No referrer (ENS App + direct) | 78.5% | 79.8% | 1,048.9 |
| Marketplaces (Grails / Vision / SnipeZone) | 20.5% | 19.9% | 268.2 |
| Other referrers | 0.9% | 0.2% | 8.0 |
| Total (ETH) | 694.2 | 630.9 | 1,325.1 |
| Source: https://dune.com/queries/7969693 |
Among the applications received, marketplace providers made the clearest case for pre-existing revenue flowing back to the DAO, and a provider whose existing activity offsets much of its own cost is much of why a dedicated marketplace RFP is worth funding.
I can remove “trading” language from the RFP.
Not explicitly, the language was intentionally broad. We did expect marketplace submissions.