IO vs STRK
io.net and Starknet 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
IO scores 108 of 250 and ranks 100th of 251. STRK scores 93 and ranks 177th. IO leads by 15 points, which is a real gap, though small enough that one variable moving would close much of it. IO takes 16 of the 25 variables, STRK takes 3, and 6 are level.
The framework rates IO WATCH and STRK PASS. 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.
No single variable separates IO and STRK by as much as 3 points. The lead is broad rather than concentrated: IO 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 Supply Inflation, Vesting Schedule, Circulating / FDV Ratio, Buyback and Burn, Insider Selling, Holder Concentration. 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.
IO still has 48.7% of its eventual supply to enter circulation against 25.8% for STRK. On the same market capitalisation, a buyer of IO is taking the 1.95x dilution path and a buyer of STRK the 1.35x one.
STRK is valued at $366.4M against $63.1M for IO, a 5.8x 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 | 4 | 2 | IO +2 | |
| Revenue Trend | 5 | 3 | IO +2 | |
| P/S Multiple | 6 | 6 | level | |
| Real Staking Yield | 4 | 3 | IO +1 |
Supply
| Supply Inflation | 2 | 2 | level | |
| Vesting Schedule | 2 | 1 | IO +1 | |
| Circulating / FDV Ratio | 2 | 2 | level | |
| Buyback and Burn | 3 | 1 | IO +2 |
Ownership
| Smart Money Flows | 5 | 4 | IO +1 | |
| Insider Selling | 3 | 2 | IO +1 | |
| Holder Concentration | 3 | 2 | IO +1 |
Traction
| TVL Trend | 4 | 3 | IO +1 | |
| Active Users | 4 | 3 | IO +1 | |
| Developer Activity | 6 | 6 | level | |
| Network Growth | 5 | 4 | IO +1 |
Position
| Market Share | 4 | 3 | IO +1 | |
| Competitive Moat | 5 | 6 | STRK +1 | |
| Institutional Adoption | 5 | 4 | IO +1 | |
| Exchange Depth | 5 | 7 | STRK +2 | |
| Social Mindshare | 4 | 4 | level |
Risk
| Regulatory Safety | 6 | 7 | STRK +1 | |
| Catalyst Calendar | 5 | 4 | IO +1 | |
| BTC Alpha Potential | 4 | 3 | IO +1 | |
| Team Execution | 6 | 5 | IO +1 | |
| Treasury Runway | 6 | 6 | level |
Bars read outward from the centre: IO to the left, STRK 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
| IO | STRK | |
|---|---|---|
| Price | $0.1537 | $0.0494 |
| Market cap | $63.1M | $366.4M |
| Circulating | 51.3% | 74.2% |
| Dilution to full supply | 1.95x | 1.35x |
| Off all-time high | -97.6% | -98.9% |
| To recover the high | 41.7x | 90.9x |
| Total value locked | not published | $70.0M |
| Network | Ethereum | Starknet |
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
IO · WATCH
AI compute demand boom driving GPU marketplace utilization; IO Cloud enterprise partnerships expanding real revenue
Only 18% circulating; 82% supply open over 3 years creates structural sell pressure; competing with Akash, Render, and centralized clouds
STRK · PASS
Starknet v0.13+ performance upgrades reducing fees; Cairo language adoption for AI and gaming use cases
Only 20% circulating; StarkWare holds massive allocation being released; TVL and activity near zero relative to potential
Common questions
- Is IO or STRK the better investment?
- On this framework IO scores higher: 108 against 93 of 250, and it is rated WATCH against PASS. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and IO still wins 16 of the 25 individual variables against STRK.
- What is the biggest difference between IO and STRK?
- 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, IO or STRK?
- IO is valued at $63.1M and STRK at $366.4M 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.