Both on Ethereum

SYRUP vs UNI

Maple Finance 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.

SYRUP score
168/250
8th of 251 · HOLD
UNI score
167/250
9th of 251 · HOLD
Variables won
9 to 10
6 level of 25
Framework prefers
SYRUP
by 1 points
01

What separates them

SYRUP scores 168 of 250 and ranks 8th of 251. UNI scores 167 and ranks 9th. SYRUP leads by 1 points, which is inside the range where the individual variables matter more than the total. SYRUP takes 9 of the 25 variables, UNI takes 10, and 6 are level.

5 variables separate them by 3 points or more. SYRUP is clear on P/S Multiple (7 against 3), Real Staking Yield (7 against 3) and Protocol Revenue (7 against 4). UNI is clear on Exchange Depth (8 against 4) and Vesting Schedule (9 against 6).

UNI still has 37.5% of its eventual supply to enter circulation against 6.2% for SYRUP. On the same market capitalisation, a buyer of UNI is taking the 1.6x dilution path and a buyer of SYRUP the 1.07x one.

UNI is valued at $4.91B against $268.1M for SYRUP, a 18.3x 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 SYRUP and UNI
Protocol Revenue7
4SYRUP +3
Revenue Trend7
7level
P/S Multiple7
3SYRUP +4
Real Staking Yield7
3SYRUP +4

Supply

Supply variables compared between SYRUP and UNI
Supply Inflation6
7UNI +1
Vesting Schedule6
9UNI +3
Circulating / FDV Ratio9
8SYRUP +1
Buyback and Burn9
7SYRUP +2

Ownership

Ownership variables compared between SYRUP and UNI
Smart Money Flows7
7level
Insider Selling7
4SYRUP +3
Holder Concentration5
5level

Traction

Traction variables compared between SYRUP and UNI
TVL Trend9
6SYRUP +3
Active Users5
8UNI +3
Developer Activity6
8UNI +2
Network Growth7
8UNI +1

Position

Position variables compared between SYRUP and UNI
Market Share7
8UNI +1
Competitive Moat7
7level
Institutional Adoption8
8level
Exchange Depth4
8UNI +4
Social Mindshare5
7UNI +2

Risk

Risk variables compared between SYRUP and UNI
Regulatory Safety6
9UNI +3
Catalyst Calendar7
8UNI +1
BTC Alpha Potential5
4SYRUP +1
Team Execution8
7SYRUP +1
Treasury Runway7
7level

Bars read outward from the centre: SYRUP 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 SYRUP and UNI
SYRUPUNI
Price$0.2295$7.84
Market cap$268.1M$4.91B
Circulating93.8%62.5%
Dilution to full supply1.07x1.6x
Off all-time high-64.9%-82.5%
To recover the high2.8x5.7x
Total value locked$2.50B$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

SYRUP · HOLD

Catalyst

$100M ARR target 2026, 25% revenue buybacks, institutional DeFi lending leader

Principal risk

Credit default risk (2022 FTX/Alameda losses), Core Foundation dispute settled May 2026, ARR is projection not achieved

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 SYRUP or UNI the better investment?
On this framework SYRUP scores higher: 168 against 167 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 SYRUP still wins 9 of the 25 individual variables against UNI.
What is the biggest difference between SYRUP and UNI?
P/S Multiple. SYRUP scores 7 of 10 there and UNI scores 3, a gap of 4 points on a single variable.
Which is bigger, SYRUP or UNI?
SYRUP is valued at $268.1M and UNI at $4.91B on the latest market snapshot.
06

Related comparisons

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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.