Blockworks Research evaluates token value accumulation framework in bear market
Current overview (not historical)
Blockworks Research has released a token value accumulation framework that identifies five cryptocurrencies - HYPE, SKY, CAKE, AERO, and UNI - capable of generating revenue and accumulating holder value during a bear market. The report highlights that HYPE directs approximately $140 million annually into a fund to buy and burn tokens without cash payments to holders, while CAKE burns roughly 22% of weekly fees without requiring staking. The framework calculates a cumulative return rate of 6.2%, though this is adjusted to a negative -6.2% when accounting for 12.4% annual token emissions over the past year.
Written with AI from the reporting · updated 11/2/2026
Expand the detailed fact route and sources
Story route
A station-by-station route from the first public evidence onward; every station carries its own evidence and uncertainty.
- 1Unclassified fact stationNov 2, 00:00recorded Nov 2, 12:55single source
盘点熊市真正赚钱的5大加密代币
Read original source ↗ PANews · ArticlesReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Blockworks Research
- Action：
- 发布代币价值累积评估框架并筛选5大代币
- Object：
- HYPE、SKY、CAKE、AERO、UNI等加密代币
- Occurred (fact side)：
- Nov 2, 00:00
- Published (valid side)：
- Nov 2, 10:00
- First seen (known side)：
- Nov 2, 12:55
Fact stationSingle source · one-sided claimCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
Uncertainty marks flag where to check the sources; they are not proven causation.
Report timeline
Explore every side through dated source reports.
- PANews · ArticlesRelated fact: single sourceBlockworks Research identifies five crypto tokens with revenue generation and strong holder economics
Report first recorded Nov 2, 12:55
Blockworks Research evaluated five crypto tokens -- HYPE, SKY, CAKE, AERO and UNI -- based on revenue generation and holder value accumulation. HYPE leads with $773 million annualized revenue and a 0.29% dilution-adjusted accrual rate, while SKY reports $162 million in revenue and a 3.8% DAAY. CAKE generates $48 million with a 2.2% DAAY through weekly token burns, and AERO reports $92 million in revenue but faces negative -6.2% DAAY due to high emissions. UNI earns $87 million in revenue for holders but records a -1.3% DAAY as new supply offsets fee burns.
Read original source ↗
Event activity trend
Not enough continuous observations to chart activity.
Event discussion
Reader opinions are hosted on GitHub Discussions; posting requires a GitHub account. Comments are not verified facts.