Liquid market report Q3 2025: public domain sales dropped by 81.61% to $4.36M

Giuseppe Graziano from GGRG partnering with Escrow.com, NameBio.com and Estibot’s parent company Intelium and ShortNames.com published the 37th edition of the Liquid Domains Overview (LXDO), which focuses on the 614,928 .com domains we call “liquid”.

The objective of the report is to present key statistics and generate a debate amongst the industry stakeholders about the fair value of such domains.

Here are a few highlights from this quarter:

• Public sales fell sharply this quarter, dropping by 81.61% to $4.36M, after last quarter’s record surge — a reversion to the mean driven by the absence of standout end-user deals.
• Escrow.com volume held firm, rising 7.43% QoQ to $14.47M, showing steady investor interest despite the cooling in public markets.
• 4L .coms once again dominated, generating over $10M in escrow sales, nearly 70% of the total escrow.com volume for the quarter.
• 3L .coms were a distant second, with approximately $1.5M in escrow.com sales and $659K in public deals, showing modest but consistent liquidity.
• 2L .coms continued to show the highest development rate, with over 28% actively developed, underlining their value to end-users.
• Turnover remained low across the board, with no category exceeding a 1% quarterly turnover, reflecting tight supply and cautious trading.
• 5N .com values remain weak, with poor development and minimal activity — a continuation of their downward trend.
• 2C and 3L .coms showed relatively high development levels, above many more expensive categories — an underappreciated trend worth watching.
• GoDaddy and Verisign underperformed in Q3, with GoDaddy down 24.01% and Verisign slipping 2.93%, trailing behind other asset classes like Gold (+16.61%), NASDAQ (+11.24%), and Bitcoin ETFs (+5.82%).
• REITs (VNQ) posted modest gains of 3.64% in Q3, mirroring the sideways trend seen in 4L and 5N .coms — highlighting a cautious investment climate across both digital and physical assets.

  

Read the complete report here.