Where the market stood on 01 November 2026
Aggregate digital-asset market capitalisation stood at approximately $2.61 trillion on 01 November 2026, with Bitcoin and Ether together accounting for roughly 70.5% of that total.
Concentration at the Top
As of 01 November 2026 (point-in-time), total market capitalisation across tracked digital assets was $2.61 trillion. Bitcoin dominance stood at 59.95% and Ether dominance at 10.58%, meaning the two largest assets together represented approximately 70.5% of the measured universe. The remaining roughly 29.5% was distributed across all other tracked tokens. Stablecoins outstanding totalled $306.0 billion and value locked across chains was $85.3 billion—both point-in-time figures that sit alongside, rather than within, the dominance percentages, so readers should be careful not to double-count when comparing these pools.
Breadth of the Week's Movement
The 24-hour change in total market capitalisation was −1.79% (point-in-time). Looking at the trailing 7-day returns among assets above $1 billion in capitalisation, the range was wide: the five strongest performers included Hyperliquid (+15.43%), Pepe (+14.48%), Morpho (+10.94%), Quant (+9.71%), and Uniswap (+8.30%), while the five weakest included Bitway (−34.14%), Rain (−23.71%), Worldcoin (−13.58%), Polkadot (−7.11%), and Mantle (−7.06%). The simultaneous presence of double-digit gains and losses within the same size tier indicates that the week's price movement was not uniform; dispersion, rather than a single directional sweep, characterised the mid-to-large segment of the market.
Fee Streams Versus Capitalisation Ranking
Annualised fee figures (derived from trailing 30-day activity) show Uniswap leading at $1.08 billion, followed by Lido DAO at $705 million, Canton at $594 million, Aave at $468 million, Meteora at $352 million, Morpho at $305 million, TRON at $291 million, and Ethereum at $269 million. Several of these protocols do not rank among the very largest by market capitalisation, illustrating that fee generation and market capitalisation weight are measured by different methodologies and capture different things. Fee figures reflect recent on-chain economic throughput; capitalisation figures reflect aggregate token pricing. Neither metric alone describes the other, and the gap between them does not, by itself, indicate mispricing or efficiency.
What These Figures Cannot Capture
Market-wide aggregates of this kind omit several dimensions that would be necessary for a fuller picture. They do not distinguish liquid from illiquid portions of any token's supply, do not reflect trading volume or order-book depth, do not account for off-chain activity or centralised-exchange flows, and do not reveal the geographic or counterparty composition of participants. The stablecoin and TVL figures, in particular, are point-in-time snapshots that can mask significant intra-period volatility in those pools.
A reader seeking to contextualise these figures further would need to examine individual asset supply schedules, on-chain transaction volumes, and historical dominance trends across comparable observation dates.