Supply

Supply Inflation, ranked

How fast new units enter circulation through issuance, emissions or rewards.

One of the 25 variables in the framework. 251 tokens rated. Scoring pass 18 Sept 2026.

Median
5/10
mean 4.8
Scoring 9 or 10
7
of 251 rated
Composite link
0.34
correlation with total score
Market link
0.06
rank correlation with market cap, n=236
01

What this variable measures

How fast new units enter circulation through issuance, emissions or rewards.

A 10 means flat or shrinking supply. A 1 means issuance heavy enough to swamp any demand the protocol generates.

Issuance is a transfer from holders to whoever receives the new units. It sets the return the asset has to clear before a holder is even.

02

What the universe says

Across 251 rated tokens the median score on Supply Inflation is 5 of 10 and the mean is 4.8. 7 tokens score 9 or 10, and 24 score 2 or below. Bitcoin leads at 10 of 10.

Supply Inflation correlates 0.34 with the composite score across the universe, which makes it loosely tied to overall standing. That is low enough that the variable is finding something the rest of the framework misses, which is where a screen on it alone is worth running.

Against live market capitalisation for the 236 tokens with a matched market row, Supply Inflation carries a rank correlation of 0.06. That is effectively no relationship. Whatever this variable measures, the market is not currently charging for it, which is the definition of an unpriced edge if you believe the variable matters.

Supply Inflation and Vesting Schedule correlate 0.87, so reading both is close to reading one twice. Treat them as a single position on the same question rather than two independent confirmations.

ORDI (ORDI) scores 10 of 10 on Supply Inflation, 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

3
1
21
2
29
3
53
4
85
5
18
6
17
7
18
8
5
9
2
10

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.

251 crypto tokens ranked by Supply Inflation, scored 1 to 10
#TokenSupply InflationCompositeMarket capVerdict
1BTCBitcoinDigital gold with a large spot ETF complex and 94.5% supply mined. Store-of-value thesis intact, though ETF assets fell through 2026.10/10183$1.67THOLD CORE
2ORDIORDIFirst BRC-20 token on Bitcoin Ordinals; fully diluted meme with cultural value but zero protocol revenue or utility10/1096$88.5MPASS
3AAVEAaveKelpDAO $190-230M bad debt, 3 core team departures (ACI/BGD/Chaos), buybacks paused. But $142M rev, 55-63% share, V4+Umbrella live, SEC cleared.9/10156$2.65BHOLD
4VIRTUALVirtuals ProtocolAI agent launchpad on Base with 18K+ agents but revenue collapsed 96% ($225K/day peak to $8.9K/day). aGDP is vanity metric. 93% whale concentration. ERC-8183 with Ethereum Foundation is real moat signal9/10151$502.6MCAUTIOUS HOLD
5LQTYLiquityV2 is RE-deployment after Jan 2025 bug (same auditors didn't catch it). 99% circ. BOLD $30M (<0.01%).9/10151$23.3MHOLD
6YFIYearn FinanceDeFi yield aggregator OG with real protocol revenue, but YFI buybacks alone cannot support a $91M market cap as yields compress and competition intensifies9/10111$86.4MWATCH
7POPCATPopcatPure Solana memecoin based on the Popcat internet meme; zero utility, zero revenue, 100% sentiment and market cycle exposure9/1073$46.9MPASS
8WSTETHWrapped Lido Staked ETHLido's wrapped staked ETH, the DeFi collateral standard with about $17.7B TVL and native yield; dominant LST by every metric8/10185$11.76BHOLD CORE
9COWCoW ProtocolIntent-based batch auction DEX. $87B vol 2025. P/S 3.1x. Net deflationary. Vesting complete.8/10167$82.3MHOLD
10PENDLEPendle 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.8/10160$391.5MHOLD
11RETHRocket Pool ETH8/10159$946.8MHOLD
12CBETHCoinbase Wrapped Staked ETH8/10158$484.5MHOLD
13FLUIDFluid (Instadapp)8/10145$158.2MCAUTIOUS HOLD
14GMXGMX8/10143$84.3MHOLD
15PAXGPAX Gold8/10141$1.79BHOLD
16ARArweave8/10140$274.9MHOLD
17BANANABanana Gun8/10135$15.5MCAUTIOUS HOLD
18SNXSynthetix8/10130$137.5MCAUTIOUS HOLD
19LEOUNUS SED LEO8/10126$8.19BCAUTIOUS HOLD
20COMPCompound8/10119$234.1MWATCH
21THETATheta Network8/10105$214.2MWATCH
22PENGUPudgy Penguins8/10104$535.4MWATCH
23NANONano8/1090$46.6MPASS
24WIFdogwifhat8/1088$227.9MPASS
25IOTAIOTA8/1078$248.2MPASS
26ETHEthereum7/10187$313.17BHOLD CORE
27MKRMaker / Sky7/10177not publishedHOLD CORE
28UNIUniswap7/10167$4.91BHOLD
29LDOLido DAO7/10146$353.8MHOLD
30OKBOKB7/10145$2.75BHOLD
31BNBBNB7/10144$102.38BHOLD
32BGBBitget Token7/10135$1.37BCAUTIOUS HOLD
33RAYRaydium7/10129$670.5MCAUTIOUS HOLD
34RENDERRender Network7/10127$1.05BCAUTIOUS HOLD
35GTGateToken7/10123not publishedCAUTIOUS HOLD
36GNSGains Network7/10116$9.5MWATCH
37MATICPolygon (Legacy)7/10110$1.08BWATCH
38RUNETHORChain7/10106$234.5MPASS
39LTCLitecoin7/10102$5.15BWATCH
40FLOKIFLOKI7/1088$257.5MPASS
41NOTNotcoin7/1073$45.0MPASS
42DOGSDOGS7/1062$22.6MPASS
43SYRUPMaple Finance6/10168$268.1MHOLD
44JUPJupiter6/10151$1.04BHOLD
45INJInjective6/10139$727.9MCAUTIOUS HOLD
46AKTAkash Network6/10129$210.6MCAUTIOUS HOLD
47TIACelestia6/10120$432.0MCAUTIOUS HOLD
48QNTQuant6/10116$3.53BWATCH
49ADACardano6/10113$9.57BWATCH
50FETFetch.ai (ASI Alliance)6/10109$522.8MWATCH
51MLNEnzyme (Melon)6/10104not publishedWATCH
52CVXConvex Finance6/10103$193.9MWATCH
53ANKRAnkr Network6/1096$46.1MPASS
54RLCiExec6/1094$61.1MPASS
55PEPEPepe6/1092$1.70BPASS
56SNTStatus6/1092$38.1MPASS
57AGLDAdventure Gold6/1086$18.0MPASS
58FORTHAmpleforth Governance6/1084$3.0MPASS
59BONDBarnBridge6/1082$93.5KPASS
60QTUMQtum6/1061$97.7MPASS
61HYPEHyperliquid5/10193$19.71BHOLD CORE
62SOLSolana5/10170$68.57BHOLD
63ETHFIEther.fi5/10162$680.1MHOLD
64CETUSCetus Protocol5/10147$25.0MHOLD
65CRVCurve Finance5/10140$552.7MHOLD
66AVAXAvalanche5/10138$4.93BCAUTIOUS HOLD
67ACXAcross Protocol5/10137$30.5MCAUTIOUS HOLD
68NEARNEAR Protocol5/10135$6.64BCAUTIOUS HOLD
69JTOJito5/10134$263.0MCAUTIOUS HOLD
70OLASOlas (Autonolas)5/10129$13.4MCAUTIOUS HOLD
71TRXTRON5/10125$31.81BCAUTIOUS HOLD
72LITLighter5/10125$876.5MWATCH
73LPTLivepeer5/10123$82.2MCAUTIOUS HOLD
74ORCAOrca5/10123$167.2MCAUTIOUS HOLD
75HNTHelium5/10122$97.6MCAUTIOUS HOLD
76MAVMaverick Protocol5/10121$13.1MCAUTIOUS HOLD
77VRTXVertex Protocol5/10121not publishedCAUTIOUS HOLD
78PRIMEEchelon Prime5/10119$14.8MWATCH
79MNDEMarinade5/10119$15.6MWATCH
80KCSKuCoin Token5/10119not publishedWATCH
81STXStacks5/10118$697.8MWATCH
82WOOWOO Network5/10118$23.6MWATCH
83XMRMonero5/10117$10.41BWATCH
84STGStargate Finance5/10117$20.1MWATCH
85JOETrader Joe5/10117$17.4MWATCH
86CFGCentrifuge5/10115not publishedWATCH
87KASKaspa5/10114$1.11BWATCH
88TNSRTensor5/10112$27.8MWATCH
89FTMFantom5/10111not publishedWATCH
90KNCKyber Network5/10110$28.1MWATCH
91BICOBiconomy5/10109$20.1MWATCH
92PERPPerpetual Protocol5/10108$2.8MWATCH
93STORJStorj5/10108$12.3MWATCH
94ALCXAlchemix5/10108$6.6MWATCH
95XLMStellar5/10108$7.01BWATCH
96VELAVela Exchange5/10107not publishedWATCH
97GELGelato5/10107$498.0KWATCH
98SLNDSolend5/10106not publishedWATCH
99GTCGitcoin5/10106$15.9MWATCH
100QUICKQuickSwap5/10105$7.0MWATCH
101RONRonin5/10104$49.1MWATCH
102RSRReserve Rights5/10104$100.3MWATCH
103KSMKusama5/10103$90.6MWATCH
104SHDWShadow Token5/10103$5.3MWATCH
105TRUTrueFi5/10102$1.1MWATCH
106ZECZcash5/10101$22.59BWATCH
107VETVeChain5/10101$692.4MWATCH
108ILVIlluvium5/10101$31.5MWATCH
109MCMerit Circle (Beam)5/10101not publishedWATCH
110DASHDash5/10101$683.9MWATCH
111AUDIOAudius5/10101$22.7MWATCH
112BADGERBadgerDAO5/10100$6.4MWATCH
113API3API35/1099$45.0MPASS
114NMRNumeraire5/1098$105.4MPASS
115HTHuobi Token5/1098$16.3MPASS
116IOTXIoTeX5/1098$34.2MPASS
117COTICOTI5/1097$39.1MPASS
118SKLSKALE5/1097$26.6MPASS
119ACHAlchemy Pay5/1097not publishedPASS
120REQRequest5/1097$42.8MPASS
121RADRadicle5/1097$19.5MPASS
122POOLPoolTogether5/1096$176.3KPASS
123CTSICartesi5/1096$27.7MPASS
124INVInverse Finance5/1095$6.9MPASS
125POLYXPolymesh5/1095$52.9MPASS
126MXMEXC Token5/1094not publishedPASS
1271INCH1inch Network5/1093$138.1MPASS
128PROPPropy5/1093$35.2MPASS
129FARMHarvest Finance5/1093$5.1MPASS
130HOPRHOPR5/1092$8.7MPASS
131ALPHAAlpha Venture DAO5/1091$483.2KPASS
132PONDMarlin5/1091$14.2MPASS
133XTZTezos5/1088$336.3MPASS
134HIGHHighstreet5/1088not publishedPASS
135SXPSolar5/1088$2.5MPASS
136DENTDent5/1088$6.2MPASS
137LEVERLeverFi5/1087not publishedPASS
138LRCLoopring5/1078$13.2MPASS
139IDEXIDEX5/1077$838.1KPASS
140MCBMCDEX5/1076$8.9MPASS
141NEONeo5/1068$166.5MPASS
142MANADecentraland5/1066$197.1MPASS
143ZILZilliqa5/1063$64.9MPASS
144SANDThe Sandbox5/1058$219.2MPASS
145NEIRONEIRO5/1056$35.3MPASS
146GEODGEODNET4/10169$137.0MHOLD
147AEROAerodrome Finance4/10157$794.7MHOLD
148DRIFTDrift Protocol4/10142$14.3MHOLD
149KMNOKamino Finance4/10138$214.9MCAUTIOUS HOLD
150ARBArbitrum4/10134$1.25BCAUTIOUS HOLD
151CAKEPancakeSwap4/10123$698.0MCAUTIOUS HOLD
152GRTThe Graph4/10121$297.6MCAUTIOUS HOLD
153XRPXRP4/10121$90.31BCAUTIOUS HOLD
154VELOVelodrome Finance4/10121$46.1MCAUTIOUS HOLD
155CHZChiliz4/10120$165.6MCAUTIOUS HOLD
156HBARHedera4/10112$4.09BWATCH
157OMMANTRA4/10108$29.1MWATCH
158ZROLayerZero4/10106$850.4MWATCH
159FXSFrax Share4/10105$28.3MWATCH
160RPLRocket Pool4/10104$40.8MWATCH
161RDNTRadiant Capital4/10104$1.0MWATCH
162KLAYKlaytn4/10103not publishedWATCH
163CROCronos4/10102$3.12BWATCH
164APEApeCoin4/10102$146.9MWATCH
165ATHAethir4/10101$132.9MWATCH
166GMTSTEPN4/10101$25.0MWATCH
167FLRFlare4/1099$609.8MPASS
168ALGOAlgorand4/1097$1.05BPASS
169FLUXFlux4/1096$191.3KPASS
170ATOMCosmos4/1096$899.5MPASS
171BALBalancer4/1095$9.1MPASS
172ALPACAAlpaca Finance4/1095$138.7KPASS
173YGGYield Guild Games4/1095$22.5MPASS
174CELOCelo4/1094$57.3MPASS
175GLMRMoonbeam4/1094$13.9MPASS
176CKBNervos Network4/1093$61.4MPASS
177BONKBonk4/1093$300.8MPASS
178MBOXMOBOX4/1092$298.5KPASS
179TRBTellor4/1090$56.4MPASS
180CELRCeler Network4/1090$22.9MPASS
181ETCEthereum Classic4/1090$1.32BPASS
182DOGEDogecoin4/1089$13.83BPASS
183ALICEMy Neighbor Alice4/1089$16.9MPASS
184PEAQpeaq4/1088$102.2MPASS
185NOSNosana4/1086$52.5MPASS
186GOGGuild of Guardians4/1086$960.1KPASS
187CANTOCanto4/1086$2.0MPASS
188EGLDMultiversX (prev. Elrond)4/1085$123.2MPASS
189WAXPWAX4/1081$26.9MPASS
190PRCLParcl4/1080$5.5MPASS
191FLOWFlow4/1078$53.4MPASS
192MANTAManta Network4/1076$31.1MPASS
193AXSAxie Infinity4/1076$207.3MPASS
194SUSHISushiSwap4/1074$66.7MPASS
195BANDBand Protocol4/1073$40.8MPASS
196RBNRibbon Finance4/1068$1.7MPASS
197SUPERSuperVerse4/1067$144.5MPASS
198MEMEMemecoin4/1057$36.6MPASS
199LINKChainlink3/10165$10.01BHOLD
200MORPHOMorpho3/10157$1.75BHOLD
201SKYSky (formerly Maker)3/10141$1.86BCAUTIOUS HOLD
202ENSEthereum Name Service3/10137$269.1MCAUTIOUS HOLD
203SAFESafe (formerly Gnosis Safe)3/10132$84.0MCAUTIOUS HOLD
204GNOGnosis3/10128$316.6MCAUTIOUS HOLD
205TAOBittensor3/10128$3.29BCAUTIOUS HOLD
206BERABerachain3/10127$76.8MCAUTIOUS HOLD
207POLPolygon system Token3/10123$1.08BCAUTIOUS HOLD
208ENAEthena3/10120$3.06BCAUTIOUS HOLD
209IMXImmutable X3/10117$156.3MWATCH
210SSonic (prev. Fantom)3/10115$154.2MWATCH
211GRASSGrass3/10111$457.9MWATCH
212TONToncoin3/10110$4.02BWATCH
213DYDXdYdX3/10109$113.2MWATCH
214FILFilecoin3/10101$867.2MWATCH
215CFXConflux3/1098$265.8MPASS
216MOBILEHelium Mobile3/1092$6.0MPASS
217ROSEOasis Network3/1084$62.0MPASS
218MASKMask Network3/1082$45.8MPASS
219KAVAKava3/1080$71.7MPASS
220BTTBitTorrent3/1076$357.4MPASS
221RVNRavencoin3/1074$36.1MPASS
222MODEMode Network3/1072$666.9KPASS
223SHIBShiba Inu3/1071$3.17BPASS
224JASMYJasmyCoin3/1067$243.3MPASS
225SPELLSpell Token3/1063$16.0MPASS
226KDAKadena3/1050$3.0MPASS
227ONEHarmony3/1048$32.9MPASS
228SUISui2/10146$4.63BHOLD
229OPOptimism2/10123$273.9MCAUTIOUS HOLD
230APTAptos2/10116$652.3MWATCH
231ONDOOndo Finance2/10115$2.27BWATCH
232IOio.net2/10108$63.1MWATCH
233PYTHPyth Network2/10107$557.2MWATCH
234SSVSSV Network2/10106$42.1MWATCH
235DOTPolkadot2/10103$1.88BWATCH
236SCROLLScroll2/10102$4.7MWATCH
237ICPInternet Computer2/10102$1.75BWATCH
238SEISei2/10100$457.3MWATCH
239CORECore2/10100$29.2MWATCH
240USUALUsual Protocol2/1099$23.6MPASS
241MINAMina Protocol2/1098$121.4MPASS
242ZKZKsync2/1095$129.1MPASS
243STRKStarknet2/1093$366.4MPASS
244OSMOOsmosis2/1093$26.6MPASS
245BLASTBlast2/1087$4.9MPASS
246BLURBlur2/1084$55.8MPASS
247MOVEMovement2/1067$40.6MPASS
248GALAGala Games2/1053$114.2MPASS
249EIGENEigenLayer1/10107$226.1MWATCH
250WWormhole1/1092$93.6MPASS
251WLDWorldcoin1/1089$1.96BPASS

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 supply inflation?
Bitcoin (BTC) at 10, ORDI (ORDI) at 10, Aave (AAVE) at 9, Virtuals Protocol (VIRTUAL) at 9, Liquity (LQTY) at 9 lead the 251 rated tokens on Supply Inflation, each scored 1 to 10 against the same definition.
What is a good supply inflation score?
The median across the universe is 5 of 10 and the mean is 4.8, so anything at 7 or above sits well inside the top of the distribution. Only 7 of 251 tokens reach 9 or 10.
Does supply inflation affect a token's market cap?
Rank correlation between Supply Inflation and market capitalisation is 0.06 across 236 tokens with live market data. That is close to none, so the market is not pricing this variable today.

Keep reading

Research and analysis, not investment advice. Correlations describe the rated universe at one point in time and are not predictions.