Arbitrum tokens by fundamentals
The 8 Arbitrum tokens carrying a full 25-variable score, ranked against the whole 251-token universe.
8 of 251 rated tokens (3%). Scoring pass 11 Jun 2026.
What this group has in common
These are the 8 tokens issued on Arbitrum that carry a full 25-variable score, 3% of the rated universe. Grouping by chain surfaces something a single token page cannot: tokens sharing a settlement layer tend to share its constraints, its regulatory treatment and its liquidity conditions, so the variables where this group collectively wins or loses say as much about Arbitrum as they do about any individual token on it. The median composite here is 111.5 of 250, against a range of 76 to 143.
Collectively strongest on
- Developer Activity5.5
- Team Execution5.5
- P/S Multiple5.25
Collectively weakest on
- Institutional Adoption3.38
- BTC Alpha Potential3.5
- Market Share3.5
Figures are the mean 1-to-10 score across all 8 members of the group, so they describe the group as a whole rather than any single token.
Ranked members
Ordered by composite score. The rank column is the position across the whole 251-token universe, not within this group, so it shows where each member stands against everything else that was rated.
| Rank | Token | Score | Verdict | Market cap | Dilution | Summary |
|---|---|---|---|---|---|---|
| 28 | GMX GMX | 143 | HOLD | $66.3M | 1.27x | Protocol revenue ~$14M (not $42M total fees). Commodity perps live ($1.18B week-1). $20.86M buybacks. |
| 42 | ARB Arbitrum | 134 | CAUTIOUS HOLD | $519.2M | 1.51x | Largest Ethereum L2 by TVL with Arbitrum One and Nova chains. Real DeFi hub but token governance hasn't yet captured protocol value effectively. |
| 63 | VRTX Vertex Protocol | 121 | CAUTIOUS HOLD | - | 13.16x | Hybrid DEX combining spot, perps, and money markets on Arbitrum. |
| 81 | GNS Gains Network | 116 | WATCH | $11.9M | 1x | 1.16x P/S but losing DEX war. 14-15M tokens burned (38%+ of initial). 97% circ/total. $113K volume. |
| 106 | VELA Vela Exchange | 107 | WATCH | - | 2x | Perpetual DEX on Arbitrum with low fees and deep liquidity. |
| 118 | RDNT Radiant Capital | 104 | WATCH | $668.7K | 1.04x | Omnichain lending protocol on LayerZero. Cross-chain borrow/lend. |
| 135 | ATH Aethir | 101 | WATCH | $81.9M | 2.09x | Decentralized GPU cloud for AI/gaming. Enterprise-grade compute infrastructure. |
| 225 | MCB MCDEX | 76 | PASS | $8.1M | 1.26x | Decentralized perp exchange using AMM. MCDEX V3 on Arbitrum. |
Dilution is eventual supply divided by circulating supply, derived from supply counts rather than from a fully diluted valuation, so it does not move with price. A 1x reading means the float is already complete.
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Market caps from CoinGecko, fetched 6 Aug 2026. Scores come from the research pass dated 11 Jun 2026. Research and analysis, not investment advice. Early Thunder scores are one framework applied consistently across 251 tokens, not a prediction of price.