Market-cap peers

LINK vs WSTETH

Chainlink and Wrapped Lido Staked ETH 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
WSTETH score
185/250
3rd of 251 · HOLD CORE
Variables won
8 to 14
3 level of 25
Framework prefers
WSTETH
by 20 points
01

What separates them

LINK scores 165 of 250 and ranks 11th of 251. WSTETH scores 185 and ranks 3rd. WSTETH leads by 20 points, which is a real gap, though small enough that one variable moving would close much of it. LINK takes 8 of the 25 variables, WSTETH takes 14, and 3 are level.

The framework rates LINK HOLD and WSTETH HOLD CORE. 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. WSTETH is clear on Vesting Schedule (10 against 4), Supply Inflation (8 against 3) and Insider Selling (8 against 3).

LINK still has 25.2% of its eventual supply to enter circulation against 0% for WSTETH. On the same market capitalisation, a buyer of LINK is taking the 1.34x dilution path and a buyer of WSTETH the 1x one.

WSTETH is valued at $11.76B against $10.01B for LINK, a 1.2x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.

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 WSTETH
Protocol Revenue6
9WSTETH +3
Revenue Trend7
8WSTETH +1
P/S Multiple5
7WSTETH +2
Real Staking Yield5
9WSTETH +4

Supply

Supply variables compared between LINK and WSTETH
Supply Inflation3
8WSTETH +5
Vesting Schedule4
10WSTETH +6
Circulating / FDV Ratio6
10WSTETH +4
Buyback and Burn4
5WSTETH +1

Ownership

Ownership variables compared between LINK and WSTETH
Smart Money Flows8
9WSTETH +1
Insider Selling3
8WSTETH +5
Holder Concentration4
5WSTETH +1

Traction

Traction variables compared between LINK and WSTETH
TVL Trend7
7level
Active Users7
8WSTETH +1
Developer Activity8
7LINK +1
Network Growth8
7LINK +1

Position

Position variables compared between LINK and WSTETH
Market Share8
8level
Competitive Moat9
8LINK +1
Institutional Adoption10
7LINK +3
Exchange Depth8
6LINK +2
Social Mindshare7
7level

Risk

Risk variables compared between LINK and WSTETH
Regulatory Safety9
6LINK +3
Catalyst Calendar9
6LINK +3
BTC Alpha Potential4
5WSTETH +1
Team Execution9
7LINK +2
Treasury Runway7
8WSTETH +1

Bars read outward from the centre: LINK to the left, WSTETH 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 WSTETH
LINKWSTETH
Price$13.37$3,193
Market cap$10.01B$11.76B
Circulating74.8%100%
Dilution to full supply1.34x1x
Off all-time high-74.6%-56%
To recover the high3.9x2.3x
Total value locked$32.00B$26.00B
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.

WSTETH · HOLD CORE

Catalyst

WstETH becoming default collateral across all major lending protocols; MakerDAO, Aave, Spark all natively integrated

Principal risk

Lido centralization risk (about 24% of staked ETH, down from a 32% peak in 2023); Ethereum validator concentration concerns; potential regulatory classification as security

05

Common questions

Is LINK or WSTETH the better investment?
On this framework WSTETH scores higher: 185 against 165 of 250, and it is rated HOLD CORE against HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and LINK still wins 8 of the 25 individual variables against WSTETH.
What is the biggest difference between LINK and WSTETH?
Vesting Schedule. LINK scores 4 of 10 there and WSTETH scores 10, a gap of 6 points on a single variable.
Which is bigger, LINK or WSTETH?
LINK is valued at $10.01B and WSTETH at $11.76B 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.