Staking yield that is not issuance
Which crypto tokens pay a real staking yield?
Scoring pass 11 Jun 2026. Market snapshot 15 Aug 2026.
What this screen asks
Real Staking Yield 7 or better.
Most published staking yields are gross. Net of the issuance that funds them a large share are close to zero. This variable is scored after that subtraction, so it finds yield a non-staker is not diluted to provide.
The 15 that pass
Ranked by composite score, not by how far each one clears the filter. A token near the bottom of this table still passes, so read the score column rather than the order alone.
| # | Token | Score | Verdict | Market cap | Thesis |
|---|---|---|---|---|---|
| 1 | HYPEHyperliquid | 193 | HOLD CORE | $12.60B | 3 ETFs live (THYP, BHYP, HYPG, about $253M combined AUM). About $600M annualised revenue after four straight quarterly declines, with builder fees now taking 18% of gross before buybacks. about 32% to 37% DEX perps share, down from roughly 70% in 2025. But closed-source, FCA warning, 22% circ. |
| 2 | ETHEthereum | 187 | HOLD CORE | $227.25B | Institutional settlement layer. Commodity classification. Burn collapsed but moat intact. |
| 3 | WSTETHWrapped Lido Staked ETH | 185 | HOLD CORE | $8.72B | Lido's wrapped staked ETH, the DeFi collateral standard with about $17.7B TVL and native yield; dominant LST by every metric |
| 4 | SOLSolana | 170 | HOLD | $44.02B | High-throughput L1 with dominant DEX volume and meme coin launchpad traction. Network reliability improved significantly post-2023. |
| 5 | SYRUPMaple Finance | 168 | HOLD | $177.2M | Institutional private-credit leader with a record ~$2B loan book, a Kraken on-chain warehouse (Jun 25) and a Revolut listing (Apr 30, UK/EU). But the 1.6x price-to-fees pitch uses gross fees; the token keeps ~$12-13M revenue, so it trades ~14x. Core Foundation dispute settled in May 2026. |
| 6 | ETHFIEther.fi | 162 | HOLD | $436.5M | $7.8B TVL on $350M mcap (22x TVL/MC). $50M buyback active. 84% circ. 250M token releases ahead. |
| 7 | PENDLEPendle Finance | 160 | HOLD | $224.3M | DeFi's yield monopoly: 50-60% market share, $24.4M trailing rev, sPENDLE 80% buyback (9.3% yield). Fortune 2026 Innovators. Vietnam IFC w/ BlackRock/MS. 21Shares ETP live. Boros V3 $10B+ vol. All vesting complete. Net dollar-deflationary. |
| 8 | RETHRocket Pool ETH | 159 | HOLD | $703.3M | Decentralized ETH liquid staking token from Rocket Pool; most trust-minimized LST with permissionless node operators |
| 9 | CBETHCoinbase Wrapped Staked ETH | 158 | HOLD | $352.7M | Coinbase's centralized ETH liquid staking token; simplest onramp but carries custodial risk and Coinbase counterparty exposure |
| 10 | AEROAerodrome Finance | 157 | HOLD | $393.1M | Base's dominant DEX capturing ~60% of chain volume with real fee revenue and veAERO flywheel locking supply |
| 11 | INJInjective | 139 | CAUTIOUS HOLD | $424.0M | Finance-first L1 with aggressive burn mechanism and real derivatives volume. P/S ratio improving but TVL still modest vs valuation. |
| 12 | SNXSynthetix | 130 | CAUTIOUS HOLD | $115.3M | Best tokenomics (zero inflation, 100% fee buyback, 99.7% circ) but losing perps war. sUSD at $0.74. |
| 13 | VELOVelodrome Finance | 121 | CAUTIOUS HOLD | $21.6M | Optimism's native DEX being cannibalized by Aerodrome on Base; V3 migration is make-or-break inflection |
| 14 | STXStacks | 118 | WATCH | $228.0M | Bitcoin L2 enabling smart contracts on Bitcoin. Nakamoto upgrade improved finality but TVL tiny and developer adoption slow vs Ethereum L2s. |
| 15 | DOTPolkadot | 103 | WATCH | $1.32B | Cross-chain relay network struggling with parachain lease complexity. JAM upgrade promises unified computing but narrative has failed to stick. |
Scores come from the research pass dated 11 Jun 2026 and do not move with price. Market capitalisation is from the snapshot fetched 15 Aug 2026.
Common questions
- Which crypto tokens pay a real staking yield?
- 15 of 251 rated tokens pass. Hyperliquid (HYPE), Ethereum (ETH), Wrapped Lido Staked ETH (WSTETH), Solana (SOL), Maple Finance (SYRUP) lead on composite score.
- How is this screen defined?
- Real Staking Yield 7 or better. Every variable is scored 1 to 10 against the same definition applied to all 251 rated tokens, and higher is always better.
- Does passing this screen mean a token is a buy?
- No. It means the token clears one filter on fundamentals as recorded at the scoring pass on 11 Jun 2026. 15 tokens pass, which is 6% of the universe, and the range of composite scores inside the set runs from 103 to 193.
Keep reading
Research and analysis, not investment advice. A screen is one filter applied consistently, not a recommendation.