Market-cap peers

AVAX vs OKB

Avalanche and OKB 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.

AVAX score
138/250
35th of 251 · CAUTIOUS HOLD
OKB score
145/250
25th of 251 · HOLD
Variables won
10 to 9
6 level of 25
Framework prefers
OKB
by 7 points
01

What separates them

AVAX scores 138 of 250 and ranks 35th of 251. OKB scores 145 and ranks 25th. OKB leads by 7 points, which is inside the range where the individual variables matter more than the total. AVAX takes 10 of the 25 variables, OKB takes 9, and 6 are level.

The framework rates AVAX CAUTIOUS HOLD and OKB 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. AVAX is clear on Institutional Adoption (9 against 5) and Regulatory Safety (9 against 5). OKB is clear on Protocol Revenue (7 against 2), Buyback and Burn (8 against 3) and P/S Multiple (5 against 1).

AVAX still has 38.4% of its eventual supply to enter circulation against 0% for OKB. On the same market capitalisation, a buyer of AVAX is taking the 1.62x dilution path and a buyer of OKB the 1x one.

AVAX is valued at $4.93B against $2.75B for OKB, a 1.8x difference. The smaller of the two scores higher on fundamentals, which is the disagreement worth understanding before either position is taken.

AVAX trades 92.3% below its all-time high and OKB 42.7% below its own. Recovering the high needs 13x from AVAX and 1.7x from OKB, which is the same statement read as the return each one has to produce.

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 AVAX and OKB
Protocol Revenue2
7OKB +5
Revenue Trend3
6OKB +3
P/S Multiple1
5OKB +4
Real Staking Yield6
4AVAX +2

Supply

Supply variables compared between AVAX and OKB
Supply Inflation5
7OKB +2
Vesting Schedule7
7level
Circulating / FDV Ratio7
8OKB +1
Buyback and Burn3
8OKB +5

Ownership

Ownership variables compared between AVAX and OKB
Smart Money Flows6
5AVAX +1
Insider Selling6
6level
Holder Concentration5
4AVAX +1

Traction

Traction variables compared between AVAX and OKB
TVL Trend3
5OKB +2
Active Users7
7level
Developer Activity6
5AVAX +1
Network Growth7
5AVAX +2

Position

Position variables compared between AVAX and OKB
Market Share4
6OKB +2
Competitive Moat6
6level
Institutional Adoption9
5AVAX +4
Exchange Depth7
7level
Social Mindshare5
5level

Risk

Risk variables compared between AVAX and OKB
Regulatory Safety9
5AVAX +4
Catalyst Calendar8
5AVAX +3
BTC Alpha Potential2
5OKB +3
Team Execution7
6AVAX +1
Treasury Runway7
6AVAX +1

Bars read outward from the centre: AVAX to the left, OKB 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 AVAX and OKB
AVAXOKB
Price$11.12$131.00
Market cap$4.93B$2.75B
Circulating61.6%100%
Dilution to full supply1.62x1x
Off all-time high-92.3%-42.7%
To recover the high13x1.7x
Total value locked$479.7Mnot published
NetworkAvalancheOKC

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

AVAX · CAUTIOUS HOLD

Catalyst

The 2026 World Cup ran to 19 July and the Progmat migration completed, so both are history rather than catalysts. Ahead: Avalanche Summit V Sep 16-17 NYC, AVAX One Nasdaq $700M target

Principal risk

Validator collapse -55% (1,465→656), net-inflationary (burns 0.13% vs 7.5% emissions), AWS hosts 67.4% of staked AVAX, price -95% from ATH despite strong fundamentals

OKB · HOLD

Catalyst

X Layer, the OKB-gas zkEVM, has been live since April 2024, and the August 2025 burn fixed supply at 21M.

Principal risk

Regulatory crackdown on OKX by US or EU authorities could freeze token utility and trading.

05

Common questions

Is AVAX or OKB the better investment?
On this framework OKB scores higher: 145 against 138 of 250, and it is rated HOLD against CAUTIOUS HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and AVAX still wins 10 of the 25 individual variables against OKB.
What is the biggest difference between AVAX and OKB?
Protocol Revenue. AVAX scores 2 of 10 there and OKB scores 7, a gap of 5 points on a single variable.
Which is bigger, AVAX or OKB?
AVAX is valued at $4.93B and OKB at $2.75B on the latest market snapshot.
06

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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.