Ethena (ENA)

Ethena is a synthetic dollar protocol built on Ethereum, offering a crypto-native solution independent of traditional banking. It provides a globally accessible dollar-denominated instrument, the 'Internet Bond'. Ethena has a high FDV and VC dominance, with a max supply of 15 billion tokens and a market cap of $937.5 million.

REZ

REZ is a leading liquidity restaking protocol in the EigenLayer ecosystem. It allows ETH holders to earn higher yields than standard ETH staking. REZ has a high FDV and VC dominance, with a max supply of 10 billion tokens and a market cap of $315.6 million.

FRIEND

Friend.tech is a blockchain-based decentrialized social platform. It features social space that is governed and own by the community using "keys". REZ has a high FDV and VC dominance, with a max supply of 94.5 million tokens and a market cap of $24.5 million.

MAVIA

Heroes of Mavia (MAVIA) is a blockchain-based strategy game built on the Ethereum blockchain. It is a play-to-earn game where players build and develop their bases and armies to battle each other and complete challenges, earning cryptocurrency in the process. The game utilizes two tokens: MAVIA, a governance token, and RUBY, an in-game currency. Players can vote on proposals that direct the game and ecosystem, and the game features AAA graphics, NFT assets, and a unique dual token model. Mavia has a low FDV and VC dominance, with a max supply of 250 million tokens and a market cap of $3.43 million.

The table below provides a quick comparison, showing Ethena, REZ and FRIEND as high FDV and VC dominant tokens, whereas Mavia has a low FDV and VC dominance, offering a different approach to token economics and market strategy.