FARM vs MCB
Harvest Finance and MCDEX 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.
What separates them
FARM scores 93 of 250 and ranks 177th of 251. MCB scores 76 and ranks 225th. FARM leads by 17 points, which is a real gap, though small enough that one variable moving would close much of it. FARM takes 16 of the 25 variables, MCB takes 0, and 9 are level.
No single variable separates FARM and MCB by as much as 3 points. The lead is broad rather than concentrated: FARM is ahead on 16 of 25 variables by one or two points each, which is what produces the composite gap without any one variable carrying it.
Both score 3 or below on Protocol Revenue, Revenue Trend, Buyback and Burn, Smart Money Flows, TVL Trend, Active Users and 7 more. 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.
MCB still has 20.8% of its eventual supply to enter circulation against 2.6% for FARM. On the same market capitalisation, a buyer of MCB is taking the 1.26x dilution path and a buyer of FARM the 1.03x one.
MCB is valued at $8.9M against $5.1M for FARM, a 1.7x difference. The smaller of the two scores higher on fundamentals, which is the disagreement worth understanding before either position is taken.
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
| Protocol Revenue | 3 | 2 | FARM +1 | |
| Revenue Trend | 3 | 2 | FARM +1 | |
| P/S Multiple | 5 | 4 | FARM +1 | |
| Real Staking Yield | 4 | 3 | FARM +1 |
Supply
| Supply Inflation | 5 | 5 | level | |
| Vesting Schedule | 6 | 6 | level | |
| Circulating / FDV Ratio | 6 | 6 | level | |
| Buyback and Burn | 3 | 2 | FARM +1 |
Ownership
| Smart Money Flows | 3 | 2 | FARM +1 | |
| Insider Selling | 5 | 5 | level | |
| Holder Concentration | 4 | 4 | level |
Traction
| TVL Trend | 3 | 2 | FARM +1 | |
| Active Users | 3 | 2 | FARM +1 | |
| Developer Activity | 4 | 3 | FARM +1 | |
| Network Growth | 3 | 2 | FARM +1 |
Position
| Market Share | 3 | 2 | FARM +1 | |
| Competitive Moat | 3 | 3 | level | |
| Institutional Adoption | 2 | 2 | level | |
| Exchange Depth | 4 | 2 | FARM +2 | |
| Social Mindshare | 3 | 2 | FARM +1 |
Risk
| Regulatory Safety | 4 | 4 | level | |
| Catalyst Calendar | 3 | 2 | FARM +1 | |
| BTC Alpha Potential | 3 | 2 | FARM +1 | |
| Team Execution | 4 | 3 | FARM +1 | |
| Treasury Runway | 4 | 4 | level |
Bars read outward from the centre: FARM to the left, MCB 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.
Market and supply
| FARM | MCB | |
|---|---|---|
| Price | $7.60 | $2.34 |
| Market cap | $5.1M | $8.9M |
| Circulating | 97.4% | 79.2% |
| Dilution to full supply | 1.03x | 1.26x |
| Off all-time high | -98.8% | -96.6% |
| To recover the high | 83.3x | 29.4x |
| Total value locked | not published | not published |
| Network | Ethereum | Arbitrum |
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.
Catalyst and risk on each side
FARM · PASS
Yield optimization strategies on multiple chains; auto-compounding vaults attract TVL.
Smart contract exploit risk; declining yields reduce incentive to stake.
MCB · PASS
MUX Protocol's leveraged trading aggregator with cross-chain perpetuals.
Smart contract risk and competition from GMX and other perp DEXs.
Common questions
- Is FARM or MCB the better investment?
- On this framework FARM scores higher: 93 against 76 of 250, and it is rated PASS against PASS. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and FARM still wins 16 of the 25 individual variables against MCB.
- What is the biggest difference between FARM and MCB?
- Nothing separates them by more than 2 points on any of the 25 variables, which is unusual and means the two are close substitutes on fundamentals.
- Which is bigger, FARM or MCB?
- FARM is valued at $5.1M and MCB at $8.9M on the latest market snapshot.
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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.