Audius (AUDIO)
Decentralized music streaming. Artists earn directly from listeners.
Ranked 135th of 251 rated tokens. Scoring pass 18 Sept 2026.
What the numbers say
AUDIO scores 101 of 250 across the 25-variable framework, which places it 135th of 251 rated tokens and inside the lower half of the set. The framework verdict is WATCH.
The score rests on Insider Selling 5/10, 42nd of 251, Market Share 5/10, 52nd of 251, Competitive Moat 5/10, 57th of 251 and Holder Concentration 4/10, 58th of 251.
Against the same universe, AUDIO sits in the bottom third on P/S Multiple 3/10, 182nd of 251. These are the variables that would have to move for the verdict to change.
100% of eventual supply is already circulating, so vesting is not a live risk for AUDIO. Price has to be justified by demand rather than absorbed against a cliff.
AUDIO trades 99.69% below its all-time high of $4.95. Recovering that level is a 322.6x move, not a 99.69% one, which is the arithmetic most drawdown charts hide.
The framework score gained 101 points against the previous pass (0 to 101). Revisions of this size follow a change in the underlying variables, not a change in price.
AUDIO clears 7 of 10 on none of the 25 variables. Its best three are Insider Selling at 5, Market Share at 5, Competitive Moat at 5. That is a thin hand whichever way the market prices it, and the ranking is the honest reading. It is weak on Institutional Adoption and Catalyst Calendar, which the market does price, so that damage is already done and visible in the valuation.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 2 | 166th of 251 | |
| Revenue Trend | 3 | 117th of 251 | |
| P/S Multiple | 3 | 182nd of 251 | |
| Real Staking Yield | 4 | 82nd of 251 |
Supply
| Supply Inflation | 5 | 61st of 251 | |
| Vesting Schedule | 5 | 100th of 251 | |
| Circulating / FDV Ratio | 5 | 135th of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 4 | 93rd of 251 | |
| Insider Selling | 5 | 42nd of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 3 | 111th of 251 | |
| Active Users | 4 | 91st of 251 | |
| Developer Activity | 5 | 83rd of 251 | |
| Network Growth | 4 | 100th of 251 |
Position
| Market Share | 5 | 52nd of 251 | |
| Competitive Moat | 5 | 57th of 251 | |
| Institutional Adoption | 3 | 115th of 251 | |
| Exchange Depth | 5 | 73rd of 251 | |
| Social Mindshare | 4 | 86th of 251 |
Risk
| Regulatory Safety | 5 | 102nd of 251 | |
| Catalyst Calendar | 3 | 158th of 251 | |
| BTC Alpha Potential | 3 | 114th of 251 | |
| Team Execution | 5 | 74th of 251 | |
| Treasury Runway | 5 | 74th of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Audius decentralized music streaming platform growth and artist tokenization partnerships.
Principal risk
Low mainstream adoption versus centralized streaming giants and content moderation challenges.
Market and supply
| Price | $0.0155 |
| Market cap | $22.7Mrank 815 |
| All-time high | $4.9527 Mar 2021 |
| Circulating supply | 1,461,177,477 |
| Eventual supply (total supply) | 1,461,177,477 |
| Dilution to full supply | 1x |
| Listed on | Binance, Coinbase, Kraken |
Price, market cap, supply and all-time high from CoinGecko, fetched 7 Oct 2026. The 25 scores come from the research pass dated 18 Sept 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to AUDIO measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
AUDIO compared head to head
Both sides of each comparison were scored by the same framework in the same pass, so the gap between them is a measurement rather than two readings taken with different rulers.
Common questions
- What is the Early Thunder score for Audius (AUDIO)?
- AUDIO scores 101 out of 250 on the 25-variable framework, ranking 135th of 251 rated tokens (lower half). The framework verdict is WATCH.
- What are AUDIO's strongest fundamentals?
- AUDIO ranks highest on Insider Selling 5/10, 42nd of 251, Market Share 5/10, 52nd of 251, Competitive Moat 5/10, 57th of 251 and Holder Concentration 4/10, 58th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the AUDIO thesis?
- AUDIO scores in the bottom third of the universe on P/S Multiple 3/10, 182nd of 251. The single risk carried on the scorecard is: Low mainstream adoption versus centralized streaming giants and content moderation challenges.
- How much AUDIO supply is still to enter circulation?
- 100% of eventual AUDIO supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is AUDIO from its all-time high?
- AUDIO trades 99.69% below its all-time high of $4.95. Returning to that high requires a 322.6x move from the level used in this scoring pass.
- Which tokens have a similar profile to AUDIO?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to AUDIO are RON (104), POOL (96), ILV (101) and IOTX (98). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for AUDIO?
- Audius decentralized music streaming platform growth and artist tokenization partnerships.
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.