Traction
Active Users, ranked
Real addresses using the protocol, filtered for the obvious forms of inflation.
One of the 25 variables in the framework. 251 tokens rated. Scoring pass 18 Sept 2026.
Median
4/10
mean 4.05
Scoring 9 or 10
0
of 251 rated
Composite link
0.86
correlation with total score
Market link
0.47
rank correlation with market cap, n=236
01
What this variable measures
Real addresses using the protocol, filtered for the obvious forms of inflation.
A 10 means a large, retained user base. A 1 means near-zero use or activity that does not survive a filter.
Users are what revenue is made of. A protocol with revenue and no users has a counterparty problem it has not disclosed yet.
02
What the universe says
Across 251 rated tokens the median score on Active Users is 4 of 10 and the mean is 4.05. No token scores 9 or 10, and 32 score 2 or below. Hyperliquid leads at 8 of 10.
Active Users correlates 0.86 with the composite score across the universe, which makes it almost the same measurement as overall standing. Tokens that win here tend to win everywhere, so a high score is confirmation rather than an edge.
Against live market capitalisation for the 236 tokens with a matched market row, Active Users carries a rank correlation of 0.47. The market already pays up for this. A high score is priced in, and the interesting cases are the tokens that score well and are still small.
Active Users and Network Growth correlate 0.86, so reading both is close to reading one twice. Treat them as a single position on the same question rather than two independent confirmations.
GEODNET (GEOD) scores 8 of 10 on Active Users, 1st of 251, on a market capitalisation under $500M. That gap between rank on this variable and rank by size is the whole reason to read the table rather than the top ten.
03
Distribution across the universe
91
232
713
584
535
146
167
78
09
010
Tokens at each score from 1 to 10. The shape matters: a variable where almost everything clusters at 3 is telling you the whole category fails it, not that one token is unusual.
04
All 251 tokens ranked
Sorted by score on this variable alone, so a token can lead here and rank poorly overall. That disagreement is the useful part: it is where a single-variable screen finds something the composite averages away.
| # | Token | Active Users | Composite | Market cap | Verdict |
|---|---|---|---|---|---|
| 1 | HYPEHyperliquid3 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. | 8/10 | 193 | $19.71B | HOLD CORE |
| 2 | ETHEthereumInstitutional settlement layer. Commodity classification. Burn collapsed but moat intact. | 8/10 | 187 | $313.17B | HOLD CORE |
| 3 | WSTETHWrapped Lido Staked ETHLido's wrapped staked ETH, the DeFi collateral standard with about $17.7B TVL and native yield; dominant LST by every metric | 8/10 | 185 | $11.76B | HOLD CORE |
| 4 | BTCBitcoinDigital gold with a large spot ETF complex and 94.5% supply mined. Store-of-value thesis intact, though ETF assets fell through 2026. | 8/10 | 183 | $1.67T | HOLD CORE |
| 5 | GEODGEODNETRevenue not declining: Q2 2026 $2.59M (+48% QoQ). ARR $7.3-9.5M. 80% burn Foundation-controlled (governance, not smart contract). ATH $0.3746 not $0.43. 20K+ stations, 150+ countries. P/S 9.9-14.4x (expensive vs Helium 3.1x). Deflationary crossover approaching post-Jun 2026 halving. | 8/10 | 169 | $137.0M | HOLD |
| 6 | UNIUniswapFee switch live on 11+ chains. Protocol revenue $26-61M (P/S 57-73x). V4 on 18 chains, 2500+ hooks. 100M UNI burned but net inflationary (+1.43%/yr). BlackRock entered Feb 2026. a16z holds 41.5-55M UNI. $200M+ insider selling 2025. Unichain TVL $17.8-29.6M (not $532M). SEC safe harbor Apr 2026. | 8/10 | 167 | $4.91B | HOLD |
| 7 | JUPJupiterS39 validated: Solana's DeFi superapp. 93.6% aggregator share, $2.9B TVL. Revenue declining -78% but net-zero emissions + vesting done. | 8/10 | 151 | $1.04B | HOLD |
| 8 | SOLSolanaHigh-throughput L1 with dominant DEX volume and meme coin launchpad traction. Network reliability improved significantly post-2023. | 7/10 | 170 | $68.57B | HOLD |
| 9 | COWCoW ProtocolIntent-based batch auction DEX. $87B vol 2025. P/S 3.1x. Net deflationary. Vesting complete. | 7/10 | 167 | $82.3M | HOLD |
| 10 | LINKChainlink70% oracle dominance. DTCC Q4 2026. SOC 2 Type 2. $500M/yr treasury sell pressure. 2 ETFs live. | 7/10 | 165 | $10.01B | HOLD |
| 11 | AEROAerodrome Finance | 7/10 | 157 | $794.7M | HOLD |
| 12 | MORPHOMorpho | 7/10 | 157 | $1.75B | HOLD |
| 13 | CETUSCetus Protocol | 7/10 | 147 | $25.0M | HOLD |
| 14 | SUISui | 7/10 | 146 | $4.63B | HOLD |
| 15 | OKBOKB | 7/10 | 145 | $2.75B | HOLD |
| 16 | BNBBNB | 7/10 | 144 | $102.38B | HOLD |
| 17 | DRIFTDrift Protocol | 7/10 | 142 | $14.3M | HOLD |
| 18 | KMNOKamino Finance | 7/10 | 138 | $214.9M | CAUTIOUS HOLD |
| 19 | AVAXAvalanche | 7/10 | 138 | $4.93B | CAUTIOUS HOLD |
| 20 | ARBArbitrum | 7/10 | 134 | $1.25B | CAUTIOUS HOLD |
| 21 | SAFESafe (formerly Gnosis Safe) | 7/10 | 132 | $84.0M | CAUTIOUS HOLD |
| 22 | RAYRaydium | 7/10 | 129 | $670.5M | CAUTIOUS HOLD |
| 23 | TRXTRON | 7/10 | 125 | $31.81B | CAUTIOUS HOLD |
| 24 | ETHFIEther.fi | 6/10 | 162 | $680.1M | HOLD |
| 25 | RETHRocket Pool ETH | 6/10 | 159 | $946.8M | HOLD |
| 26 | CBETHCoinbase Wrapped Staked ETH | 6/10 | 158 | $484.5M | HOLD |
| 27 | AAVEAave | 6/10 | 156 | $2.65B | HOLD |
| 28 | VIRTUALVirtuals Protocol | 6/10 | 151 | $502.6M | CAUTIOUS HOLD |
| 29 | LDOLido DAO | 6/10 | 146 | $353.8M | HOLD |
| 30 | ENSEthereum Name Service | 6/10 | 137 | $269.1M | CAUTIOUS HOLD |
| 31 | BGBBitget Token | 6/10 | 135 | $1.37B | CAUTIOUS HOLD |
| 32 | JTOJito | 6/10 | 134 | $263.0M | CAUTIOUS HOLD |
| 33 | OPOptimism | 6/10 | 123 | $273.9M | CAUTIOUS HOLD |
| 34 | POLPolygon system Token | 6/10 | 123 | $1.08B | CAUTIOUS HOLD |
| 35 | ORCAOrca | 6/10 | 123 | $167.2M | CAUTIOUS HOLD |
| 36 | TONToncoin | 6/10 | 110 | $4.02B | WATCH |
| 37 | WLDWorldcoin | 6/10 | 89 | $1.96B | PASS |
| 38 | MKRMaker / Sky | 5/10 | 177 | not published | HOLD CORE |
| 39 | SYRUPMaple Finance | 5/10 | 168 | $268.1M | HOLD |
| 40 | LQTYLiquity | 5/10 | 151 | $23.3M | HOLD |
| 41 | FLUIDFluid (Instadapp) | 5/10 | 145 | $158.2M | CAUTIOUS HOLD |
| 42 | GMXGMX | 5/10 | 143 | $84.3M | HOLD |
| 43 | CRVCurve Finance | 5/10 | 140 | $552.7M | HOLD |
| 44 | ARArweave | 5/10 | 140 | $274.9M | HOLD |
| 45 | INJInjective | 5/10 | 139 | $727.9M | CAUTIOUS HOLD |
| 46 | ACXAcross Protocol | 5/10 | 137 | $30.5M | CAUTIOUS HOLD |
| 47 | NEARNEAR Protocol | 5/10 | 135 | $6.64B | CAUTIOUS HOLD |
| 48 | BANANABanana Gun | 5/10 | 135 | $15.5M | CAUTIOUS HOLD |
| 49 | OLASOlas (Autonolas) | 5/10 | 129 | $13.4M | CAUTIOUS HOLD |
| 50 | GNOGnosis | 5/10 | 128 | $316.6M | CAUTIOUS HOLD |
| 51 | TAOBittensor | 5/10 | 128 | $3.29B | CAUTIOUS HOLD |
| 52 | RENDERRender Network | 5/10 | 127 | $1.05B | CAUTIOUS HOLD |
| 53 | BERABerachain | 5/10 | 127 | $76.8M | CAUTIOUS HOLD |
| 54 | LEOUNUS SED LEO | 5/10 | 126 | $8.19B | CAUTIOUS HOLD |
| 55 | LITLighter | 5/10 | 125 | $876.5M | WATCH |
| 56 | CAKEPancakeSwap | 5/10 | 123 | $698.0M | CAUTIOUS HOLD |
| 57 | GTGateToken | 5/10 | 123 | not published | CAUTIOUS HOLD |
| 58 | HNTHelium | 5/10 | 122 | $97.6M | CAUTIOUS HOLD |
| 59 | GRTThe Graph | 5/10 | 121 | $297.6M | CAUTIOUS HOLD |
| 60 | XRPXRP | 5/10 | 121 | $90.31B | CAUTIOUS HOLD |
| 61 | VELOVelodrome Finance | 5/10 | 121 | $46.1M | CAUTIOUS HOLD |
| 62 | MAVMaverick Protocol | 5/10 | 121 | $13.1M | CAUTIOUS HOLD |
| 63 | VRTXVertex Protocol | 5/10 | 121 | not published | CAUTIOUS HOLD |
| 64 | ENAEthena | 5/10 | 120 | $3.06B | CAUTIOUS HOLD |
| 65 | CHZChiliz | 5/10 | 120 | $165.6M | CAUTIOUS HOLD |
| 66 | PRIMEEchelon Prime | 5/10 | 119 | $14.8M | WATCH |
| 67 | MNDEMarinade | 5/10 | 119 | $15.6M | WATCH |
| 68 | KCSKuCoin Token | 5/10 | 119 | not published | WATCH |
| 69 | WOOWOO Network | 5/10 | 118 | $23.6M | WATCH |
| 70 | IMXImmutable X | 5/10 | 117 | $156.3M | WATCH |
| 71 | XMRMonero | 5/10 | 117 | $10.41B | WATCH |
| 72 | STGStargate Finance | 5/10 | 117 | $20.1M | WATCH |
| 73 | JOETrader Joe | 5/10 | 117 | $17.4M | WATCH |
| 74 | APTAptos | 5/10 | 116 | $652.3M | WATCH |
| 75 | KASKaspa | 5/10 | 114 | $1.11B | WATCH |
| 76 | HBARHedera | 5/10 | 112 | $4.09B | WATCH |
| 77 | TNSRTensor | 5/10 | 112 | $27.8M | WATCH |
| 78 | GRASSGrass | 5/10 | 111 | $457.9M | WATCH |
| 79 | MATICPolygon (Legacy) | 5/10 | 110 | $1.08B | WATCH |
| 80 | DYDXdYdX | 5/10 | 109 | $113.2M | WATCH |
| 81 | EIGENEigenLayer | 5/10 | 107 | $226.1M | WATCH |
| 82 | PYTHPyth Network | 5/10 | 107 | $557.2M | WATCH |
| 83 | ZROLayerZero | 5/10 | 106 | $850.4M | WATCH |
| 84 | GTCGitcoin | 5/10 | 106 | $15.9M | WATCH |
| 85 | PENGUPudgy Penguins | 5/10 | 104 | $535.4M | WATCH |
| 86 | RONRonin | 5/10 | 104 | $49.1M | WATCH |
| 87 | KLAYKlaytn | 5/10 | 103 | not published | WATCH |
| 88 | SEISei | 5/10 | 100 | $457.3M | WATCH |
| 89 | BONKBonk | 5/10 | 93 | $300.8M | PASS |
| 90 | PEPEPepe | 5/10 | 92 | $1.70B | PASS |
| 91 | PENDLEPendle Finance | 4/10 | 160 | $391.5M | HOLD |
| 92 | PAXGPAX Gold | 4/10 | 141 | $1.79B | HOLD |
| 93 | SKYSky (formerly Maker) | 4/10 | 141 | $1.86B | CAUTIOUS HOLD |
| 94 | AKTAkash Network | 4/10 | 129 | $210.6M | CAUTIOUS HOLD |
| 95 | LPTLivepeer | 4/10 | 123 | $82.2M | CAUTIOUS HOLD |
| 96 | TIACelestia | 4/10 | 120 | $432.0M | CAUTIOUS HOLD |
| 97 | COMPCompound | 4/10 | 119 | $234.1M | WATCH |
| 98 | STXStacks | 4/10 | 118 | $697.8M | WATCH |
| 99 | SSonic (prev. Fantom) | 4/10 | 115 | $154.2M | WATCH |
| 100 | ONDOOndo Finance | 4/10 | 115 | $2.27B | WATCH |
| 101 | ADACardano | 4/10 | 113 | $9.57B | WATCH |
| 102 | FTMFantom | 4/10 | 111 | not published | WATCH |
| 103 | KNCKyber Network | 4/10 | 110 | $28.1M | WATCH |
| 104 | FETFetch.ai (ASI Alliance) | 4/10 | 109 | $522.8M | WATCH |
| 105 | BICOBiconomy | 4/10 | 109 | $20.1M | WATCH |
| 106 | IOio.net | 4/10 | 108 | $63.1M | WATCH |
| 107 | PERPPerpetual Protocol | 4/10 | 108 | $2.8M | WATCH |
| 108 | STORJStorj | 4/10 | 108 | $12.3M | WATCH |
| 109 | OMMANTRA | 4/10 | 108 | $29.1M | WATCH |
| 110 | XLMStellar | 4/10 | 108 | $7.01B | WATCH |
| 111 | VELAVela Exchange | 4/10 | 107 | not published | WATCH |
| 112 | GELGelato | 4/10 | 107 | $498.0K | WATCH |
| 113 | SSVSSV Network | 4/10 | 106 | $42.1M | WATCH |
| 114 | SLNDSolend | 4/10 | 106 | not published | WATCH |
| 115 | FXSFrax Share | 4/10 | 105 | $28.3M | WATCH |
| 116 | QUICKQuickSwap | 4/10 | 105 | $7.0M | WATCH |
| 117 | RPLRocket Pool | 4/10 | 104 | $40.8M | WATCH |
| 118 | RDNTRadiant Capital | 4/10 | 104 | $1.0M | WATCH |
| 119 | DOTPolkadot | 4/10 | 103 | $1.88B | WATCH |
| 120 | SHDWShadow Token | 4/10 | 103 | $5.3M | WATCH |
| 121 | LTCLitecoin | 4/10 | 102 | $5.15B | WATCH |
| 122 | SCROLLScroll | 4/10 | 102 | $4.7M | WATCH |
| 123 | ICPInternet Computer | 4/10 | 102 | $1.75B | WATCH |
| 124 | CROCronos | 4/10 | 102 | $3.12B | WATCH |
| 125 | APEApeCoin | 4/10 | 102 | $146.9M | WATCH |
| 126 | FILFilecoin | 4/10 | 101 | $867.2M | WATCH |
| 127 | ATHAethir | 4/10 | 101 | $132.9M | WATCH |
| 128 | MCMerit Circle (Beam) | 4/10 | 101 | not published | WATCH |
| 129 | GMTSTEPN | 4/10 | 101 | $25.0M | WATCH |
| 130 | AUDIOAudius | 4/10 | 101 | $22.7M | WATCH |
| 131 | CORECore | 4/10 | 100 | $29.2M | WATCH |
| 132 | USUALUsual Protocol | 4/10 | 99 | $23.6M | PASS |
| 133 | FLRFlare | 4/10 | 99 | $609.8M | PASS |
| 134 | HTHuobi Token | 4/10 | 98 | $16.3M | PASS |
| 135 | ACHAlchemy Pay | 4/10 | 97 | not published | PASS |
| 136 | ORDIORDI | 4/10 | 96 | $88.5M | PASS |
| 137 | ANKRAnkr Network | 4/10 | 96 | $46.1M | PASS |
| 138 | FLUXFlux | 4/10 | 96 | $191.3K | PASS |
| 139 | MXMEXC Token | 4/10 | 94 | not published | PASS |
| 140 | 1INCH1inch Network | 4/10 | 93 | $138.1M | PASS |
| 141 | MOBILEHelium Mobile | 4/10 | 92 | $6.0M | PASS |
| 142 | WWormhole | 4/10 | 92 | $93.6M | PASS |
| 143 | MBOXMOBOX | 4/10 | 92 | $298.5K | PASS |
| 144 | DOGEDogecoin | 4/10 | 89 | $13.83B | PASS |
| 145 | WIFdogwifhat | 4/10 | 88 | $227.9M | PASS |
| 146 | DENTDent | 4/10 | 88 | $6.2M | PASS |
| 147 | WAXPWAX | 4/10 | 81 | $26.9M | PASS |
| 148 | BTTBitTorrent | 4/10 | 76 | $357.4M | PASS |
| 149 | SNXSynthetix | 3/10 | 130 | $137.5M | CAUTIOUS HOLD |
| 150 | GNSGains Network | 3/10 | 116 | $9.5M | WATCH |
| 151 | QNTQuant | 3/10 | 116 | $3.53B | WATCH |
| 152 | CFGCentrifuge | 3/10 | 115 | not published | WATCH |
| 153 | YFIYearn Finance | 3/10 | 111 | $86.4M | WATCH |
| 154 | ALCXAlchemix | 3/10 | 108 | $6.6M | WATCH |
| 155 | THETATheta Network | 3/10 | 105 | $214.2M | WATCH |
| 156 | MLNEnzyme (Melon) | 3/10 | 104 | not published | WATCH |
| 157 | RSRReserve Rights | 3/10 | 104 | $100.3M | WATCH |
| 158 | CVXConvex Finance | 3/10 | 103 | $193.9M | WATCH |
| 159 | KSMKusama | 3/10 | 103 | $90.6M | WATCH |
| 160 | TRUTrueFi | 3/10 | 102 | $1.1M | WATCH |
| 161 | ZECZcash | 3/10 | 101 | $22.59B | WATCH |
| 162 | VETVeChain | 3/10 | 101 | $692.4M | WATCH |
| 163 | ILVIlluvium | 3/10 | 101 | $31.5M | WATCH |
| 164 | DASHDash | 3/10 | 101 | $683.9M | WATCH |
| 165 | BADGERBadgerDAO | 3/10 | 100 | $6.4M | WATCH |
| 166 | API3API3 | 3/10 | 99 | $45.0M | PASS |
| 167 | CFXConflux | 3/10 | 98 | $265.8M | PASS |
| 168 | MINAMina Protocol | 3/10 | 98 | $121.4M | PASS |
| 169 | NMRNumeraire | 3/10 | 98 | $105.4M | PASS |
| 170 | IOTXIoTeX | 3/10 | 98 | $34.2M | PASS |
| 171 | ALGOAlgorand | 3/10 | 97 | $1.05B | PASS |
| 172 | COTICOTI | 3/10 | 97 | $39.1M | PASS |
| 173 | SKLSKALE | 3/10 | 97 | $26.6M | PASS |
| 174 | REQRequest | 3/10 | 97 | $42.8M | PASS |
| 175 | RADRadicle | 3/10 | 97 | $19.5M | PASS |
| 176 | POOLPoolTogether | 3/10 | 96 | $176.3K | PASS |
| 177 | CTSICartesi | 3/10 | 96 | $27.7M | PASS |
| 178 | ATOMCosmos | 3/10 | 96 | $899.5M | PASS |
| 179 | ZKZKsync | 3/10 | 95 | $129.1M | PASS |
| 180 | BALBalancer | 3/10 | 95 | $9.1M | PASS |
| 181 | ALPACAAlpaca Finance | 3/10 | 95 | $138.7K | PASS |
| 182 | YGGYield Guild Games | 3/10 | 95 | $22.5M | PASS |
| 183 | INVInverse Finance | 3/10 | 95 | $6.9M | PASS |
| 184 | POLYXPolymesh | 3/10 | 95 | $52.9M | PASS |
| 185 | CELOCelo | 3/10 | 94 | $57.3M | PASS |
| 186 | GLMRMoonbeam | 3/10 | 94 | $13.9M | PASS |
| 187 | RLCiExec | 3/10 | 94 | $61.1M | PASS |
| 188 | STRKStarknet | 3/10 | 93 | $366.4M | PASS |
| 189 | OSMOOsmosis | 3/10 | 93 | $26.6M | PASS |
| 190 | PROPPropy | 3/10 | 93 | $35.2M | PASS |
| 191 | FARMHarvest Finance | 3/10 | 93 | $5.1M | PASS |
| 192 | HOPRHOPR | 3/10 | 92 | $8.7M | PASS |
| 193 | SNTStatus | 3/10 | 92 | $38.1M | PASS |
| 194 | ALPHAAlpha Venture DAO | 3/10 | 91 | $483.2K | PASS |
| 195 | PONDMarlin | 3/10 | 91 | $14.2M | PASS |
| 196 | TRBTellor | 3/10 | 90 | $56.4M | PASS |
| 197 | CELRCeler Network | 3/10 | 90 | $22.9M | PASS |
| 198 | NANONano | 3/10 | 90 | $46.6M | PASS |
| 199 | ETCEthereum Classic | 3/10 | 90 | $1.32B | PASS |
| 200 | ALICEMy Neighbor Alice | 3/10 | 89 | $16.9M | PASS |
| 201 | FLOKIFLOKI | 3/10 | 88 | $257.5M | PASS |
| 202 | PEAQpeaq | 3/10 | 88 | $102.2M | PASS |
| 203 | HIGHHighstreet | 3/10 | 88 | not published | PASS |
| 204 | SXPSolar | 3/10 | 88 | $2.5M | PASS |
| 205 | BLASTBlast | 3/10 | 87 | $4.9M | PASS |
| 206 | LEVERLeverFi | 3/10 | 87 | not published | PASS |
| 207 | NOSNosana | 3/10 | 86 | $52.5M | PASS |
| 208 | GOGGuild of Guardians | 3/10 | 86 | $960.1K | PASS |
| 209 | AGLDAdventure Gold | 3/10 | 86 | $18.0M | PASS |
| 210 | CANTOCanto | 3/10 | 86 | $2.0M | PASS |
| 211 | BLURBlur | 3/10 | 84 | $55.8M | PASS |
| 212 | MASKMask Network | 3/10 | 82 | $45.8M | PASS |
| 213 | PRCLParcl | 3/10 | 80 | $5.5M | PASS |
| 214 | AXSAxie Infinity | 3/10 | 76 | $207.3M | PASS |
| 215 | SUSHISushiSwap | 3/10 | 74 | $66.7M | PASS |
| 216 | RVNRavencoin | 3/10 | 74 | $36.1M | PASS |
| 217 | NOTNotcoin | 3/10 | 73 | $45.0M | PASS |
| 218 | POPCATPopcat | 3/10 | 73 | $46.9M | PASS |
| 219 | SHIBShiba Inu | 3/10 | 71 | $3.17B | PASS |
| 220 | RUNETHORChain | 2/10 | 106 | $234.5M | PASS |
| 221 | CKBNervos Network | 2/10 | 93 | $61.4M | PASS |
| 222 | XTZTezos | 2/10 | 88 | $336.3M | PASS |
| 223 | EGLDMultiversX (prev. Elrond) | 2/10 | 85 | $123.2M | PASS |
| 224 | ROSEOasis Network | 2/10 | 84 | $62.0M | PASS |
| 225 | FORTHAmpleforth Governance | 2/10 | 84 | $3.0M | PASS |
| 226 | BONDBarnBridge | 2/10 | 82 | $93.5K | PASS |
| 227 | KAVAKava | 2/10 | 80 | $71.7M | PASS |
| 228 | LRCLoopring | 2/10 | 78 | $13.2M | PASS |
| 229 | IDEXIDEX | 2/10 | 77 | $838.1K | PASS |
| 230 | MANTAManta Network | 2/10 | 76 | $31.1M | PASS |
| 231 | MCBMCDEX | 2/10 | 76 | $8.9M | PASS |
| 232 | BANDBand Protocol | 2/10 | 73 | $40.8M | PASS |
| 233 | MODEMode Network | 2/10 | 72 | $666.9K | PASS |
| 234 | RBNRibbon Finance | 2/10 | 68 | $1.7M | PASS |
| 235 | SUPERSuperVerse | 2/10 | 67 | $144.5M | PASS |
| 236 | MOVEMovement | 2/10 | 67 | $40.6M | PASS |
| 237 | JASMYJasmyCoin | 2/10 | 67 | $243.3M | PASS |
| 238 | SPELLSpell Token | 2/10 | 63 | $16.0M | PASS |
| 239 | DOGSDOGS | 2/10 | 62 | $22.6M | PASS |
| 240 | MEMEMemecoin | 2/10 | 57 | $36.6M | PASS |
| 241 | NEIRONEIRO | 2/10 | 56 | $35.3M | PASS |
| 242 | GALAGala Games | 2/10 | 53 | $114.2M | PASS |
| 243 | FLOWFlow | 1/10 | 78 | $53.4M | PASS |
| 244 | IOTAIOTA | 1/10 | 78 | $248.2M | PASS |
| 245 | NEONeo | 1/10 | 68 | $166.5M | PASS |
| 246 | MANADecentraland | 1/10 | 66 | $197.1M | PASS |
| 247 | ZILZilliqa | 1/10 | 63 | $64.9M | PASS |
| 248 | QTUMQtum | 1/10 | 61 | $97.7M | PASS |
| 249 | SANDThe Sandbox | 1/10 | 58 | $219.2M | PASS |
| 250 | KDAKadena | 1/10 | 50 | $3.0M | PASS |
| 251 | ONEHarmony | 1/10 | 48 | $32.9M | PASS |
Scores come from the research pass dated 18 Sept 2026 and do not move with price. Market capitalisation is from the live snapshot fetched 7 Oct 2026, so the two columns are stamped at different times on purpose.
05
Variables that move with this one
Correlations across all 251 rated tokens. A number near 1 means the two variables are close to the same measurement, which is worth knowing before treating a second high score as independent confirmation of the first.
06
Common questions
- Which crypto tokens score highest on active users?
- Hyperliquid (HYPE) at 8, Ethereum (ETH) at 8, Wrapped Lido Staked ETH (WSTETH) at 8, Bitcoin (BTC) at 8, GEODNET (GEOD) at 8 lead the 251 rated tokens on Active Users, each scored 1 to 10 against the same definition.
- What is a good active users score?
- The median across the universe is 4 of 10 and the mean is 4.05, so anything at 7 or above sits well inside the top of the distribution. Only 0 of 251 tokens reach 9 or 10.
- Does active users affect a token's market cap?
- Rank correlation between Active Users and market capitalisation is 0.47 across 236 tokens with live market data. That is a clear relationship, so most of a high score is already in the price.
Keep reading
Research and analysis, not investment advice. Correlations describe the rated universe at one point in time and are not predictions.