OnlyFans’ Ethereum Holdings Sank—But 2022 Was Still A Good Year

The content creator marketplace enjoyed growth in fans and revenue, but the crypto bear market remains unforgiving.

Nicholas Morgan2 min read

Last year was a tumultuous one for cryptocurrency markets. It was marked by a cascade of failures including the collapse of Terra's UST stablecoin and governance token LUNA, the bankruptcy of crypto lender Celsius, and the implosion of cryptocurrency exchange FTX. 

But apart from its ETH woes, OnlyFans enjoyed a positive 2022. According to the financial statement, the site saw the company's revenue shoot up to $5.6 billion from $4.8 billion in 2021. It also experienced a 47% increase in the number of creators on its platform, on top of a 27% increase in the total number of subscribers.