Market-cap peers

LINK vs UNI

Chainlink 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.

LINK score
165/250
11th of 251 · HOLD
UNI score
167/250
9th of 251 · HOLD
Variables won
9 to 7
9 level of 25
Framework prefers
UNI
by 2 points
01

What separates them

LINK scores 165 of 250 and ranks 11th of 251. UNI scores 167 and ranks 9th. UNI leads by 2 points, which is inside the range where the individual variables matter more than the total. LINK takes 9 of the 25 variables, UNI takes 7, and 9 are level.

3 variables separate them by 3 points or more. UNI is clear on Vesting Schedule (9 against 4), Supply Inflation (7 against 3) and Buyback and Burn (7 against 4).

LINK is valued at $10.01B against $4.91B for UNI, a 2.0x 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 LINK and UNI
Protocol Revenue6
4LINK +2
Revenue Trend7
7level
P/S Multiple5
3LINK +2
Real Staking Yield5
3LINK +2

Supply

Supply variables compared between LINK and UNI
Supply Inflation3
7UNI +4
Vesting Schedule4
9UNI +5
Circulating / FDV Ratio6
8UNI +2
Buyback and Burn4
7UNI +3

Ownership

Ownership variables compared between LINK and UNI
Smart Money Flows8
7LINK +1
Insider Selling3
4UNI +1
Holder Concentration4
5UNI +1

Traction

Traction variables compared between LINK and UNI
TVL Trend7
6LINK +1
Active Users7
8UNI +1
Developer Activity8
8level
Network Growth8
8level

Position

Position variables compared between LINK and UNI
Market Share8
8level
Competitive Moat9
7LINK +2
Institutional Adoption10
8LINK +2
Exchange Depth8
8level
Social Mindshare7
7level

Risk

Risk variables compared between LINK and UNI
Regulatory Safety9
9level
Catalyst Calendar9
8LINK +1
BTC Alpha Potential4
4level
Team Execution9
7LINK +2
Treasury Runway7
7level

Bars read outward from the centre: LINK 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 LINK and UNI
LINKUNI
Price$13.37$7.84
Market cap$10.01B$4.91B
Circulating74.8%62.5%
Dilution to full supply1.34x1.6x
Off all-time high-74.6%-82.5%
To recover the high3.9x5.7x
Total value locked$32.00B$2.77B
NetworkEthereumEthereum

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

LINK · HOLD

Catalyst

DTCC Collateral AppChain July test → Q4 production. CCIP v1.5 self-serve. Confidential Compute GA.

Principal risk

60-76M LINK/yr treasury dumps to Binance ($500M+/yr). Fees go to node ops, not LINK holders.

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 LINK or UNI the better investment?
On this framework UNI scores higher: 167 against 165 of 250, and it is rated HOLD against HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and LINK still wins 9 of the 25 individual variables against UNI.
What is the biggest difference between LINK and UNI?
Vesting Schedule. LINK scores 4 of 10 there and UNI scores 9, a gap of 5 points on a single variable.
Which is bigger, LINK or UNI?
LINK is valued at $10.01B and UNI at $4.91B 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.