PROP vs REQ
Propy and Request 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
PROP scores 93 of 250 and ranks 177th of 251. REQ scores 97 and ranks 155th. REQ leads by 4 points, which is inside the range where the individual variables matter more than the total. PROP takes 1 of the 25 variables, REQ takes 5, and 19 are level.
No single variable separates PROP and REQ by as much as 3 points. They are close on the framework's terms, which makes price, liquidity and the supply position below the only grounds for choosing.
Both score 3 or below on Protocol Revenue, Buyback and Burn, Smart Money Flows, Real Staking Yield, TVL Trend, Active Users and 6 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.
REQ still has 20.3% of its eventual supply to enter circulation against 0% for PROP. On the same market capitalisation, a buyer of REQ is taking the 1.26x dilution path and a buyer of PROP the 1x one.
REQ is valued at $42.8M against $35.2M for PROP, a 1.2x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.
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 | 3 | level | |
| Revenue Trend | 4 | 3 | PROP +1 | |
| P/S Multiple | 4 | 5 | REQ +1 | |
| Real Staking Yield | 2 | 3 | REQ +1 |
Supply
| Supply Inflation | 5 | 5 | level | |
| Vesting Schedule | 6 | 6 | level | |
| Circulating / FDV Ratio | 6 | 6 | level | |
| Buyback and Burn | 2 | 3 | REQ +1 |
Ownership
| Smart Money Flows | 3 | 3 | level | |
| Insider Selling | 5 | 5 | level | |
| Holder Concentration | 4 | 4 | level |
Traction
| TVL Trend | 3 | 3 | level | |
| Active Users | 3 | 3 | level | |
| Developer Activity | 4 | 5 | REQ +1 | |
| Network Growth | 3 | 3 | level |
Position
| Market Share | 3 | 3 | level | |
| Competitive Moat | 4 | 4 | level | |
| Institutional Adoption | 3 | 3 | level | |
| Exchange Depth | 3 | 4 | REQ +1 | |
| Social Mindshare | 3 | 3 | level |
Risk
| Regulatory Safety | 5 | 5 | level | |
| Catalyst Calendar | 3 | 3 | level | |
| BTC Alpha Potential | 3 | 3 | level | |
| Team Execution | 4 | 4 | level | |
| Treasury Runway | 5 | 5 | level |
Bars read outward from the centre: PROP to the left, REQ 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
| PROP | REQ | |
|---|---|---|
| Price | $0.3521 | $0.0537 |
| Market cap | $35.2M | $42.8M |
| Circulating | 100% | 79.7% |
| Dilution to full supply | 1x | 1.26x |
| Off all-time high | -93.2% | -94.9% |
| To recover the high | 14.7x | 19.6x |
| Total value locked | not published | not published |
| Network | Ethereum | Ethereum |
PROP now trades as PRO. The scoring pass ran under the old ticker, so the scores above are filed there while the market figures track the new one.
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
PROP · PASS
Real-world asset tokenization via PropyKeys; on-chain home sales and title deeds.
Low liquidity and volume; niche market dependent on real estate adoption cycles.
REQ · PASS
Decentralized invoicing and payment requests for DAOs and enterprises; multi-chain expansion.
Slow B2B adoption; competition from traditional fintech and newer blockchain payment rails.
Common questions
- Is PROP or REQ the better investment?
- On this framework REQ scores higher: 97 against 93 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 PROP still wins 1 of the 25 individual variables against REQ.
- What is the biggest difference between PROP and REQ?
- 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, PROP or REQ?
- PROP is valued at $35.2M and REQ at $42.8M 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.