Position
Market Share, ranked
The share of its own category the protocol holds, and the direction of that share.
One of the 25 variables in the framework. 251 tokens rated. Scoring pass 18 Sept 2026.
Median
4/10
mean 4.07
Scoring 9 or 10
3
of 251 rated
Composite link
0.82
correlation with total score
Market link
0.49
rank correlation with market cap, n=236
01
What this variable measures
The share of its own category the protocol holds, and the direction of that share.
A 10 means clear category leadership. A 1 means a rounding error in a market someone else owns.
Category share is what decides whether a protocol sets pricing or accepts it.
02
What the universe says
Across 251 rated tokens the median score on Market Share is 4 of 10 and the mean is 4.07. 3 tokens score 9 or 10, and 49 score 2 or below. Bitcoin leads at 10 of 10.
Market Share correlates 0.82 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, Market Share carries a rank correlation of 0.49. 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.
Market Share and Active Users correlate 0.82, so reading both is close to reading one twice. Treat them as a single position on the same question rather than two independent confirmations.
Pendle Finance (PENDLE) scores 9 of 10 on Market Share, 2nd 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
71
422
723
444
355
166
167
168
29
110
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 | Market Share | Composite | Market cap | Verdict |
|---|---|---|---|---|---|
| 1 | BTCBitcoinDigital gold with a large spot ETF complex and 94.5% supply mined. Store-of-value thesis intact, though ETF assets fell through 2026. | 10/10 | 183 | $1.67T | HOLD CORE |
| 2 | 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. | 9/10 | 193 | $19.71B | HOLD CORE |
| 3 | PENDLEPendle FinanceDeFi'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. | 9/10 | 160 | $391.5M | HOLD |
| 4 | 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 |
| 5 | MKRMaker / Sky$124M Q1 revenue. 2.7x gross P/S (~6.7x net). Buyback allocation cut from 75% to 7.5% of surplus in Mar 2026 to fund a $150M Solvency Reserve. Sky rebrand: about 81% of MKR already upgraded to SKY. | 8/10 | 177 | not published | HOLD CORE |
| 6 | SOLSolanaHigh-throughput L1 with dominant DEX volume and meme coin launchpad traction. Network reliability improved significantly post-2023. | 8/10 | 170 | $68.57B | HOLD |
| 7 | 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 |
| 8 | 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 |
| 9 | LINKChainlink70% oracle dominance. DTCC Q4 2026. SOC 2 Type 2. $500M/yr treasury sell pressure. 2 ETFs live. | 8/10 | 165 | $10.01B | HOLD |
| 10 | ETHFIEther.fi$7.8B TVL on $350M mcap (22x TVL/MC). $50M buyback active. 84% circ. 250M token releases ahead. | 8/10 | 162 | $680.1M | HOLD |
| 11 | MORPHOMorpho | 8/10 | 157 | $1.75B | HOLD |
| 12 | AAVEAave | 8/10 | 156 | $2.65B | HOLD |
| 13 | JUPJupiter | 8/10 | 151 | $1.04B | HOLD |
| 14 | CETUSCetus Protocol | 8/10 | 147 | $25.0M | HOLD |
| 15 | LDOLido DAO | 8/10 | 146 | $353.8M | HOLD |
| 16 | ENSEthereum Name Service | 8/10 | 137 | $269.1M | CAUTIOUS HOLD |
| 17 | ARBArbitrum | 8/10 | 134 | $1.25B | CAUTIOUS HOLD |
| 18 | SAFESafe (formerly Gnosis Safe) | 8/10 | 132 | $84.0M | CAUTIOUS HOLD |
| 19 | ONDOOndo Finance | 8/10 | 115 | $2.27B | WATCH |
| 20 | ETHEthereum | 7/10 | 187 | $313.17B | HOLD CORE |
| 21 | SYRUPMaple Finance | 7/10 | 168 | $268.1M | HOLD |
| 22 | AEROAerodrome Finance | 7/10 | 157 | $794.7M | HOLD |
| 23 | FLUIDFluid (Instadapp) | 7/10 | 145 | $158.2M | CAUTIOUS HOLD |
| 24 | DRIFTDrift Protocol | 7/10 | 142 | $14.3M | HOLD |
| 25 | PAXGPAX Gold | 7/10 | 141 | $1.79B | HOLD |
| 26 | SKYSky (formerly Maker) | 7/10 | 141 | $1.86B | CAUTIOUS HOLD |
| 27 | CRVCurve Finance | 7/10 | 140 | $552.7M | HOLD |
| 28 | KMNOKamino Finance | 7/10 | 138 | $214.9M | CAUTIOUS HOLD |
| 29 | TAOBittensor | 7/10 | 128 | $3.29B | CAUTIOUS HOLD |
| 30 | TRXTRON | 7/10 | 125 | $31.81B | CAUTIOUS HOLD |
| 31 | ENAEthena | 7/10 | 120 | $3.06B | CAUTIOUS HOLD |
| 32 | CHZChiliz | 7/10 | 120 | $165.6M | CAUTIOUS HOLD |
| 33 | XMRMonero | 7/10 | 117 | $10.41B | WATCH |
| 34 | EIGENEigenLayer | 7/10 | 107 | $226.1M | WATCH |
| 35 | PEPEPepe | 7/10 | 92 | $1.70B | PASS |
| 36 | COWCoW Protocol | 6/10 | 167 | $82.3M | HOLD |
| 37 | CBETHCoinbase Wrapped Staked ETH | 6/10 | 158 | $484.5M | HOLD |
| 38 | VIRTUALVirtuals Protocol | 6/10 | 151 | $502.6M | CAUTIOUS HOLD |
| 39 | SUISui | 6/10 | 146 | $4.63B | HOLD |
| 40 | OKBOKB | 6/10 | 145 | $2.75B | HOLD |
| 41 | BNBBNB | 6/10 | 144 | $102.38B | HOLD |
| 42 | JTOJito | 6/10 | 134 | $263.0M | CAUTIOUS HOLD |
| 43 | OPOptimism | 6/10 | 123 | $273.9M | CAUTIOUS HOLD |
| 44 | CAKEPancakeSwap | 6/10 | 123 | $698.0M | CAUTIOUS HOLD |
| 45 | LPTLivepeer | 6/10 | 123 | $82.2M | CAUTIOUS HOLD |
| 46 | GRTThe Graph | 6/10 | 121 | $297.6M | CAUTIOUS HOLD |
| 47 | XRPXRP | 6/10 | 121 | $90.31B | CAUTIOUS HOLD |
| 48 | PYTHPyth Network | 6/10 | 107 | $557.2M | WATCH |
| 49 | SSVSSV Network | 6/10 | 106 | $42.1M | WATCH |
| 50 | BONKBonk | 6/10 | 93 | $300.8M | PASS |
| 51 | WWormhole | 6/10 | 92 | $93.6M | PASS |
| 52 | RETHRocket Pool ETH | 5/10 | 159 | $946.8M | HOLD |
| 53 | ARArweave | 5/10 | 140 | $274.9M | HOLD |
| 54 | ACXAcross Protocol | 5/10 | 137 | $30.5M | CAUTIOUS HOLD |
| 55 | NEARNEAR Protocol | 5/10 | 135 | $6.64B | CAUTIOUS HOLD |
| 56 | BANANABanana Gun | 5/10 | 135 | $15.5M | CAUTIOUS HOLD |
| 57 | BGBBitget Token | 5/10 | 135 | $1.37B | CAUTIOUS HOLD |
| 58 | RAYRaydium | 5/10 | 129 | $670.5M | CAUTIOUS HOLD |
| 59 | GNOGnosis | 5/10 | 128 | $316.6M | CAUTIOUS HOLD |
| 60 | RENDERRender Network | 5/10 | 127 | $1.05B | CAUTIOUS HOLD |
| 61 | BERABerachain | 5/10 | 127 | $76.8M | CAUTIOUS HOLD |
| 62 | LEOUNUS SED LEO | 5/10 | 126 | $8.19B | CAUTIOUS HOLD |
| 63 | POLPolygon system Token | 5/10 | 123 | $1.08B | CAUTIOUS HOLD |
| 64 | ORCAOrca | 5/10 | 123 | $167.2M | CAUTIOUS HOLD |
| 65 | HNTHelium | 5/10 | 122 | $97.6M | CAUTIOUS HOLD |
| 66 | TIACelestia | 5/10 | 120 | $432.0M | CAUTIOUS HOLD |
| 67 | MNDEMarinade | 5/10 | 119 | $15.6M | WATCH |
| 68 | IMXImmutable X | 5/10 | 117 | $156.3M | WATCH |
| 69 | STGStargate Finance | 5/10 | 117 | $20.1M | WATCH |
| 70 | JOETrader Joe | 5/10 | 117 | $17.4M | WATCH |
| 71 | QNTQuant | 5/10 | 116 | $3.53B | WATCH |
| 72 | CFGCentrifuge | 5/10 | 115 | not published | WATCH |
| 73 | KASKaspa | 5/10 | 114 | $1.11B | WATCH |
| 74 | TNSRTensor | 5/10 | 112 | $27.8M | WATCH |
| 75 | GRASSGrass | 5/10 | 111 | $457.9M | WATCH |
| 76 | GELGelato | 5/10 | 107 | $498.0K | WATCH |
| 77 | RUNETHORChain | 5/10 | 106 | $234.5M | PASS |
| 78 | GTCGitcoin | 5/10 | 106 | $15.9M | WATCH |
| 79 | PENGUPudgy Penguins | 5/10 | 104 | $535.4M | WATCH |
| 80 | FILFilecoin | 5/10 | 101 | $867.2M | WATCH |
| 81 | GMTSTEPN | 5/10 | 101 | $25.0M | WATCH |
| 82 | AUDIOAudius | 5/10 | 101 | $22.7M | WATCH |
| 83 | WLDWorldcoin | 5/10 | 89 | $1.96B | PASS |
| 84 | DOGEDogecoin | 5/10 | 89 | $13.83B | PASS |
| 85 | WIFdogwifhat | 5/10 | 88 | $227.9M | PASS |
| 86 | BLURBlur | 5/10 | 84 | $55.8M | PASS |
| 87 | LQTYLiquity | 4/10 | 151 | $23.3M | HOLD |
| 88 | INJInjective | 4/10 | 139 | $727.9M | CAUTIOUS HOLD |
| 89 | AVAXAvalanche | 4/10 | 138 | $4.93B | CAUTIOUS HOLD |
| 90 | OLASOlas (Autonolas) | 4/10 | 129 | $13.4M | CAUTIOUS HOLD |
| 91 | AKTAkash Network | 4/10 | 129 | $210.6M | CAUTIOUS HOLD |
| 92 | LITLighter | 4/10 | 125 | $876.5M | WATCH |
| 93 | GTGateToken | 4/10 | 123 | not published | CAUTIOUS HOLD |
| 94 | VELOVelodrome Finance | 4/10 | 121 | $46.1M | CAUTIOUS HOLD |
| 95 | MAVMaverick Protocol | 4/10 | 121 | $13.1M | CAUTIOUS HOLD |
| 96 | VRTXVertex Protocol | 4/10 | 121 | not published | CAUTIOUS HOLD |
| 97 | PRIMEEchelon Prime | 4/10 | 119 | $14.8M | WATCH |
| 98 | KCSKuCoin Token | 4/10 | 119 | not published | WATCH |
| 99 | STXStacks | 4/10 | 118 | $697.8M | WATCH |
| 100 | WOOWOO Network | 4/10 | 118 | $23.6M | WATCH |
| 101 | APTAptos | 4/10 | 116 | $652.3M | WATCH |
| 102 | SSonic (prev. Fantom) | 4/10 | 115 | $154.2M | WATCH |
| 103 | TONToncoin | 4/10 | 110 | $4.02B | WATCH |
| 104 | MATICPolygon (Legacy) | 4/10 | 110 | $1.08B | WATCH |
| 105 | FETFetch.ai (ASI Alliance) | 4/10 | 109 | $522.8M | WATCH |
| 106 | DYDXdYdX | 4/10 | 109 | $113.2M | WATCH |
| 107 | BICOBiconomy | 4/10 | 109 | $20.1M | WATCH |
| 108 | IOio.net | 4/10 | 108 | $63.1M | WATCH |
| 109 | STORJStorj | 4/10 | 108 | $12.3M | WATCH |
| 110 | OMMANTRA | 4/10 | 108 | $29.1M | WATCH |
| 111 | XLMStellar | 4/10 | 108 | $7.01B | WATCH |
| 112 | ZROLayerZero | 4/10 | 106 | $850.4M | WATCH |
| 113 | SLNDSolend | 4/10 | 106 | not published | WATCH |
| 114 | FXSFrax Share | 4/10 | 105 | $28.3M | WATCH |
| 115 | QUICKQuickSwap | 4/10 | 105 | $7.0M | WATCH |
| 116 | RONRonin | 4/10 | 104 | $49.1M | WATCH |
| 117 | MLNEnzyme (Melon) | 4/10 | 104 | not published | WATCH |
| 118 | CVXConvex Finance | 4/10 | 103 | $193.9M | WATCH |
| 119 | SHDWShadow Token | 4/10 | 103 | $5.3M | WATCH |
| 120 | SCROLLScroll | 4/10 | 102 | $4.7M | WATCH |
| 121 | APEApeCoin | 4/10 | 102 | $146.9M | WATCH |
| 122 | ZECZcash | 4/10 | 101 | $22.59B | WATCH |
| 123 | DASHDash | 4/10 | 101 | $683.9M | WATCH |
| 124 | RADRadicle | 4/10 | 97 | $19.5M | PASS |
| 125 | ORDIORDI | 4/10 | 96 | $88.5M | PASS |
| 126 | POOLPoolTogether | 4/10 | 96 | $176.3K | PASS |
| 127 | ATOMCosmos | 4/10 | 96 | $899.5M | PASS |
| 128 | YGGYield Guild Games | 4/10 | 95 | $22.5M | PASS |
| 129 | 1INCH1inch Network | 4/10 | 93 | $138.1M | PASS |
| 130 | FLOKIFLOKI | 4/10 | 88 | $257.5M | PASS |
| 131 | GMXGMX | 3/10 | 143 | $84.3M | HOLD |
| 132 | COMPCompound | 3/10 | 119 | $234.1M | WATCH |
| 133 | ADACardano | 3/10 | 113 | $9.57B | WATCH |
| 134 | HBARHedera | 3/10 | 112 | $4.09B | WATCH |
| 135 | YFIYearn Finance | 3/10 | 111 | $86.4M | WATCH |
| 136 | FTMFantom | 3/10 | 111 | not published | WATCH |
| 137 | KNCKyber Network | 3/10 | 110 | $28.1M | WATCH |
| 138 | PERPPerpetual Protocol | 3/10 | 108 | $2.8M | WATCH |
| 139 | ALCXAlchemix | 3/10 | 108 | $6.6M | WATCH |
| 140 | VELAVela Exchange | 3/10 | 107 | not published | WATCH |
| 141 | THETATheta Network | 3/10 | 105 | $214.2M | WATCH |
| 142 | RPLRocket Pool | 3/10 | 104 | $40.8M | WATCH |
| 143 | RDNTRadiant Capital | 3/10 | 104 | $1.0M | WATCH |
| 144 | RSRReserve Rights | 3/10 | 104 | $100.3M | WATCH |
| 145 | DOTPolkadot | 3/10 | 103 | $1.88B | WATCH |
| 146 | KLAYKlaytn | 3/10 | 103 | not published | WATCH |
| 147 | KSMKusama | 3/10 | 103 | $90.6M | WATCH |
| 148 | LTCLitecoin | 3/10 | 102 | $5.15B | WATCH |
| 149 | ICPInternet Computer | 3/10 | 102 | $1.75B | WATCH |
| 150 | CROCronos | 3/10 | 102 | $3.12B | WATCH |
| 151 | TRUTrueFi | 3/10 | 102 | $1.1M | WATCH |
| 152 | VETVeChain | 3/10 | 101 | $692.4M | WATCH |
| 153 | ATHAethir | 3/10 | 101 | $132.9M | WATCH |
| 154 | ILVIlluvium | 3/10 | 101 | $31.5M | WATCH |
| 155 | MCMerit Circle (Beam) | 3/10 | 101 | not published | WATCH |
| 156 | SEISei | 3/10 | 100 | $457.3M | WATCH |
| 157 | CORECore | 3/10 | 100 | $29.2M | WATCH |
| 158 | BADGERBadgerDAO | 3/10 | 100 | $6.4M | WATCH |
| 159 | USUALUsual Protocol | 3/10 | 99 | $23.6M | PASS |
| 160 | API3API3 | 3/10 | 99 | $45.0M | PASS |
| 161 | FLRFlare | 3/10 | 99 | $609.8M | PASS |
| 162 | CFXConflux | 3/10 | 98 | $265.8M | PASS |
| 163 | MINAMina Protocol | 3/10 | 98 | $121.4M | PASS |
| 164 | NMRNumeraire | 3/10 | 98 | $105.4M | PASS |
| 165 | HTHuobi Token | 3/10 | 98 | $16.3M | PASS |
| 166 | IOTXIoTeX | 3/10 | 98 | $34.2M | PASS |
| 167 | COTICOTI | 3/10 | 97 | $39.1M | PASS |
| 168 | SKLSKALE | 3/10 | 97 | $26.6M | PASS |
| 169 | ACHAlchemy Pay | 3/10 | 97 | not published | PASS |
| 170 | REQRequest | 3/10 | 97 | $42.8M | PASS |
| 171 | ANKRAnkr Network | 3/10 | 96 | $46.1M | PASS |
| 172 | FLUXFlux | 3/10 | 96 | $191.3K | PASS |
| 173 | CTSICartesi | 3/10 | 96 | $27.7M | PASS |
| 174 | ZKZKsync | 3/10 | 95 | $129.1M | PASS |
| 175 | BALBalancer | 3/10 | 95 | $9.1M | PASS |
| 176 | ALPACAAlpaca Finance | 3/10 | 95 | $138.7K | PASS |
| 177 | INVInverse Finance | 3/10 | 95 | $6.9M | PASS |
| 178 | POLYXPolymesh | 3/10 | 95 | $52.9M | PASS |
| 179 | GLMRMoonbeam | 3/10 | 94 | $13.9M | PASS |
| 180 | MXMEXC Token | 3/10 | 94 | not published | PASS |
| 181 | STRKStarknet | 3/10 | 93 | $366.4M | PASS |
| 182 | OSMOOsmosis | 3/10 | 93 | $26.6M | PASS |
| 183 | PROPPropy | 3/10 | 93 | $35.2M | PASS |
| 184 | FARMHarvest Finance | 3/10 | 93 | $5.1M | PASS |
| 185 | MOBILEHelium Mobile | 3/10 | 92 | $6.0M | PASS |
| 186 | MBOXMOBOX | 3/10 | 92 | $298.5K | PASS |
| 187 | HOPRHOPR | 3/10 | 92 | $8.7M | PASS |
| 188 | SNTStatus | 3/10 | 92 | $38.1M | PASS |
| 189 | ALPHAAlpha Venture DAO | 3/10 | 91 | $483.2K | PASS |
| 190 | PONDMarlin | 3/10 | 91 | $14.2M | PASS |
| 191 | CELRCeler Network | 3/10 | 90 | $22.9M | PASS |
| 192 | ETCEthereum Classic | 3/10 | 90 | $1.32B | PASS |
| 193 | ALICEMy Neighbor Alice | 3/10 | 89 | $16.9M | PASS |
| 194 | DENTDent | 3/10 | 88 | $6.2M | PASS |
| 195 | BLASTBlast | 3/10 | 87 | $4.9M | PASS |
| 196 | GOGGuild of Guardians | 3/10 | 86 | $960.1K | PASS |
| 197 | MASKMask Network | 3/10 | 82 | $45.8M | PASS |
| 198 | WAXPWAX | 3/10 | 81 | $26.9M | PASS |
| 199 | AXSAxie Infinity | 3/10 | 76 | $207.3M | PASS |
| 200 | BTTBitTorrent | 3/10 | 76 | $357.4M | PASS |
| 201 | POPCATPopcat | 3/10 | 73 | $46.9M | PASS |
| 202 | SHIBShiba Inu | 3/10 | 71 | $3.17B | PASS |
| 203 | SNXSynthetix | 2/10 | 130 | $137.5M | CAUTIOUS HOLD |
| 204 | GNSGains Network | 2/10 | 116 | $9.5M | WATCH |
| 205 | ALGOAlgorand | 2/10 | 97 | $1.05B | PASS |
| 206 | CELOCelo | 2/10 | 94 | $57.3M | PASS |
| 207 | RLCiExec | 2/10 | 94 | $61.1M | PASS |
| 208 | CKBNervos Network | 2/10 | 93 | $61.4M | PASS |
| 209 | TRBTellor | 2/10 | 90 | $56.4M | PASS |
| 210 | NANONano | 2/10 | 90 | $46.6M | PASS |
| 211 | XTZTezos | 2/10 | 88 | $336.3M | PASS |
| 212 | PEAQpeaq | 2/10 | 88 | $102.2M | PASS |
| 213 | HIGHHighstreet | 2/10 | 88 | not published | PASS |
| 214 | SXPSolar | 2/10 | 88 | $2.5M | PASS |
| 215 | LEVERLeverFi | 2/10 | 87 | not published | PASS |
| 216 | NOSNosana | 2/10 | 86 | $52.5M | PASS |
| 217 | AGLDAdventure Gold | 2/10 | 86 | $18.0M | PASS |
| 218 | CANTOCanto | 2/10 | 86 | $2.0M | PASS |
| 219 | EGLDMultiversX (prev. Elrond) | 2/10 | 85 | $123.2M | PASS |
| 220 | ROSEOasis Network | 2/10 | 84 | $62.0M | PASS |
| 221 | FORTHAmpleforth Governance | 2/10 | 84 | $3.0M | PASS |
| 222 | BONDBarnBridge | 2/10 | 82 | $93.5K | PASS |
| 223 | KAVAKava | 2/10 | 80 | $71.7M | PASS |
| 224 | PRCLParcl | 2/10 | 80 | $5.5M | PASS |
| 225 | FLOWFlow | 2/10 | 78 | $53.4M | PASS |
| 226 | LRCLoopring | 2/10 | 78 | $13.2M | PASS |
| 227 | IDEXIDEX | 2/10 | 77 | $838.1K | PASS |
| 228 | MANTAManta Network | 2/10 | 76 | $31.1M | PASS |
| 229 | MCBMCDEX | 2/10 | 76 | $8.9M | PASS |
| 230 | SUSHISushiSwap | 2/10 | 74 | $66.7M | PASS |
| 231 | RVNRavencoin | 2/10 | 74 | $36.1M | PASS |
| 232 | NOTNotcoin | 2/10 | 73 | $45.0M | PASS |
| 233 | BANDBand Protocol | 2/10 | 73 | $40.8M | PASS |
| 234 | MODEMode Network | 2/10 | 72 | $666.9K | PASS |
| 235 | RBNRibbon Finance | 2/10 | 68 | $1.7M | PASS |
| 236 | SUPERSuperVerse | 2/10 | 67 | $144.5M | PASS |
| 237 | MOVEMovement | 2/10 | 67 | $40.6M | PASS |
| 238 | JASMYJasmyCoin | 2/10 | 67 | $243.3M | PASS |
| 239 | MANADecentraland | 2/10 | 66 | $197.1M | PASS |
| 240 | SPELLSpell Token | 2/10 | 63 | $16.0M | PASS |
| 241 | DOGSDOGS | 2/10 | 62 | $22.6M | PASS |
| 242 | MEMEMemecoin | 2/10 | 57 | $36.6M | PASS |
| 243 | NEIRONEIRO | 2/10 | 56 | $35.3M | PASS |
| 244 | GALAGala Games | 2/10 | 53 | $114.2M | PASS |
| 245 | IOTAIOTA | 1/10 | 78 | $248.2M | PASS |
| 246 | NEONeo | 1/10 | 68 | $166.5M | 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 market share?
- Bitcoin (BTC) at 10, Hyperliquid (HYPE) at 9, Pendle Finance (PENDLE) at 9, Wrapped Lido Staked ETH (WSTETH) at 8, Maker / Sky (MKR) at 8 lead the 251 rated tokens on Market Share, each scored 1 to 10 against the same definition.
- What is a good market share score?
- The median across the universe is 4 of 10 and the mean is 4.07, so anything at 7 or above sits well inside the top of the distribution. Only 3 of 251 tokens reach 9 or 10.
- Does market share affect a token's market cap?
- Rank correlation between Market Share and market capitalisation is 0.49 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.