Market-cap peers

ADA vs UNI

Cardano and Uniswap scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.

Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.

ADA score
113/250
88th of 251 · WATCH
UNI score
167/250
9th of 251 · HOLD
Variables won
3 to 22
0 level of 25
Framework prefers
UNI
by 54 points
01

What separates them

ADA scores 113 of 250 and ranks 88th of 251. UNI scores 167 and ranks 9th. UNI leads by 54 points, which is a wide enough margin that the framework is not ambivalent. ADA takes 3 of the 25 variables, UNI takes 22, and none are level.

The framework rates ADA WATCH and UNI HOLD. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.

5 variables separate them by 3 points or more. UNI is clear on Buyback and Burn (7 against 1), Network Growth (8 against 3) and Market Share (8 against 3).

Both score 3 or below on P/S Multiple. A weakness both sides share is not a reason to prefer either. It is a reason to check whether the category itself carries the problem.

UNI still has 37.5% of its eventual supply to enter circulation against 16.6% for ADA. On the same market capitalisation, a buyer of UNI is taking the 1.6x dilution path and a buyer of ADA the 1.2x one.

ADA is valued at $9.57B against $4.91B for UNI, a 1.9x difference. The smaller of the two scores higher on fundamentals, which is the disagreement worth understanding before either position is taken.

02

All 25 variables, head to head

Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.

Cash flow

Cash flow variables compared between ADA and UNI
Protocol Revenue3
4UNI +1
Revenue Trend3
7UNI +4
P/S Multiple2
3UNI +1
Real Staking Yield6
3ADA +3

Supply

Supply variables compared between ADA and UNI
Supply Inflation6
7UNI +1
Vesting Schedule7
9UNI +2
Circulating / FDV Ratio7
8UNI +1
Buyback and Burn1
7UNI +6

Ownership

Ownership variables compared between ADA and UNI
Smart Money Flows4
7UNI +3
Insider Selling6
4ADA +2
Holder Concentration6
5ADA +1

Traction

Traction variables compared between ADA and UNI
TVL Trend3
6UNI +3
Active Users4
8UNI +4
Developer Activity5
8UNI +3
Network Growth3
8UNI +5

Position

Position variables compared between ADA and UNI
Market Share3
8UNI +5
Competitive Moat3
7UNI +4
Institutional Adoption4
8UNI +4
Exchange Depth7
8UNI +1
Social Mindshare6
7UNI +1

Risk

Risk variables compared between ADA and UNI
Regulatory Safety7
9UNI +2
Catalyst Calendar4
8UNI +4
BTC Alpha Potential3
4UNI +1
Team Execution4
7UNI +3
Treasury Runway6
7UNI +1

Bars read outward from the centre: ADA to the left, UNI to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.

03

Market and supply

Market and supply figures for ADA and UNI
ADAUNI
Price$0.2547$7.84
Market cap$9.57B$4.91B
Circulating83.4%62.5%
Dilution to full supply1.2x1.6x
Off all-time high-91.7%-82.5%
To recover the high12x5.7x
Total value locked$380.0M$2.77B
NetworkCardanoEthereum

Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.

04

Catalyst and risk on each side

ADA · WATCH

Catalyst

Midnight privacy sidechain traction, federated mainnet live since 31 March 2026; Hydra scaling reaching mainnet

Principal risk

Perpetual under-delivery on roadmap; DeFi network far behind competitors; declining developer mindshare

UNI · HOLD

Catalyst

Bitwise spot UNI ETF (pending SEC), fee switch expansion to 11+ chains, BlackRock BUIDL integration + UNI purchases, Unichain UVN validators, V4 hooks marketplace, SEC safe harbor (5yr), CLARITY Act advancing

Principal risk

P/S 57-73x on actual protocol revenue ($26-61M not $1B), net inflationary +1.43%/yr (20M growth budget > 4.4M burns), $200M+ insider/VC selling in 2025, top 10 holders control 50.81%, Fluid took 55% stablecoin DEX share, aggregators route 50%+ of ETH volume

05

Common questions

Is ADA or UNI the better investment?
On this framework UNI scores higher: 167 against 113 of 250, and it is rated HOLD against WATCH. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and ADA still wins 3 of the 25 individual variables against UNI.
What is the biggest difference between ADA and UNI?
Buyback and Burn. ADA scores 1 of 10 there and UNI scores 7, a gap of 6 points on a single variable.
Which is bigger, ADA or UNI?
ADA is valued at $9.57B and UNI at $4.91B on the latest market snapshot.
06

Related comparisons

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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.