The grey market peptide product sector is experiencing significant growth, with suppliers increasingly turning to cryptocurrency for transactions.
According to a recent report by Chainalysis, the demand for peptide products is driven by cosmetic medicine, health and wellness trends, and the popularity of GLP-1 drugs.
The report found that in the first quarter of 2026, crypto funds flowing into this sector reached 32 million US dollars, representing a 159% increase from the previous quarter's 12 million US dollars. The annualized volume has already exceeded 100 million US dollars.