Grayscale Unveils Top Crypto Assets for Yield and Profits
Grayscale's report highlights Hyperliquid and PancakeSwap as leading crypto assets for yield and adjusted earnings.
Grayscale's report highlights Hyperliquid and PancakeSwap as leading crypto assets for yield and adjusted earnings. Bitcoin (BTC) is trading at $81,515.00, up 0.4% since this brief published. This is an original TLT brief based on reporting by BeInCrypto, with live market data added, as of Fri, 23 Oct 2026 02:45:02 UTC.
The report provides a framework for valuing crypto assets based on cash flows, potentially shifting focus away from Bitcoin-centric valuation models.
- Hyperliquid (HYPE) tops the tokenholder yield list at 8.0%.
- PancakeSwap (CAKE) leads in adjusted earnings yield at 14.4%.
- Grayscale emphasizes cash flow-based valuation for many crypto assets.
Grayscale has released a report identifying the top 10 crypto assets based on tokenholder yield and adjusted earnings yield. The report highlights 
Hyperliquid (HYPE) as the leader in tokenholder yield with 8.0%, while 
PancakeSwap (CAKE) tops the adjusted earnings yield list at 14.4%.
The report argues that, unlike 
Bitcoin, many crypto assets can be valued based on their cash flows. This approach could provide investors with a new framework for assessing the value of various digital assets.
Hyperliquid currently has a Total Value Locked (TVL) of $1.75 billion, according to DeFiLlama, while PancakeSwap's Yield TVL stands at $134.27 million, marking a 7.6% decrease over the past week. The circulating supply of CASH, another relevant token, is $127.67 million.
In the broader market context, the total crypto market cap is $2.79 trillion, with Bitcoin experiencing a 2.59% drop in the last 24 hours. The Fear & Greed Index remains at 50, indicating a neutral market sentiment.
The findings suggest a potential shift in how investors perceive and value different crypto assets. As the market evolves, cash flow-based valuation models could gain more traction, especially for assets that generate yield.
Since this brief published about 46 minutes ago, Bitcoin (BTC) has moved from $81,193.00 to $81,515.00 — +0.40%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦111.30M (about $81,515.00), down 1.6% over 24 hours. The naira itself trades about 3.1% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 23, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Grayscale Unveils Top Crypto Assets for Yield and Profits — questions & answers
What is Hyperliquid's tokenholder yield?
Hyperliquid's tokenholder yield is 8.0%, according to Grayscale's report.
Which crypto asset has the highest adjusted earnings yield?
PancakeSwap (CAKE) has the highest adjusted earnings yield at 14.4%.
How does Grayscale suggest valuing crypto assets?
Grayscale suggests valuing many crypto assets based on their cash flows, unlike Bitcoin.
How much is 1 Bitcoin worth in naira today?
About ₦111.30M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $81,515.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.40% since this brief first published — trading at $81,515.00 now versus $81,193.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.