The "Investible" Crypto Tokens

Two protocols generate 69% of all crypto holder revenue.

CoinGecko tracks 17 148 tokens.

But how many are actually investible in a current crypto environment that focuses on:

1) revenue to holders

2) revenue even if it doesn’t get distributed. Yet.

3) protocols/tokens will strong narrative & mindshare that might survive a bear market.

I tried to figure this out.

I got most data from the DefiLlama, Coinmarketcap and mindshare protocols (Dexu, Moni, Lunarcrush etc.).

I used Claude Code to do the numbers and reduce my own biases as I would’ve excluded some tokens from this list (like XRP, ADA, BCH… but they survived multiple cycles and have staying power stemming from entrenched liquidity).

Claude still make many mistakes that I debugging took 10x time than writing this article so take the spreadsheet with a grain of salt (link at the end of the post).

The result: 132 investible tokens across 12 categories. 45 of them pay you to hold (excluded those with very low revenue).

$1.8B annualized flowing to token holders.

The categories are my sole discretio…