TokenInsight is delighted to release its latest monthly rating updates. TokenInsight Rating Team conducts comprehensive evaluations using our proprietary rating framework, producing transparent, data-driven rating results. We diligently track the performance and fundamental metrics of various blockchain projects and tokens, providing users with up-to-date and comprehensive assessments.
TokenInsight has now released ratings for a total of 501 tokens. In May, we updated new ratings for 4 projects, including RWA, Layer-1 and exchange token. The details are as follows:
Hyperliquid ($HYPE)
Hyperliquid focus on decentralized perpetual exchange services, which facilitate perpetual futures trading directly on its native L1 blockchain.
Outlook: Stable
Upgrade Reason: HIP-3 market open interest has grown more than 100x in six months, with crude oil leading the expansion, followed by gold, silver, and equity-linked perpetuals. The S&P Dow Jones Indices licensing deal with Trade[XYZ] in March 2026 for S&P 500 exposure further extends this trajectory. Hyperliquid is positioning to capture price discovery flow that legacy futures venues structurally cannot serve during their closed hours.
OKB ($OKB)
$OKB is the native utility token of the OKX ecosystem, used for platform benefits and as the gas token of OKX’s X Layer.
Outlook: Stable
Toncoin ($TON)
The Open Network (TON) is a decentralized Layer-1 blockchain platform designed for ultra-high scalability, low fees, and seamless integration with Telegram, originally developed by the Telegram team and now by the TON community.
Outlook: Positive
PAX Gold ($PAXG)
Pax Gold (PAXG) is a gold-backed crypto token issued by Paxos, with each token representing one fine troy ounce of London Good Delivery gold held in custody.
Outlook: Stable
About TokenInsight and Rating Methodology
TokenInsight is an indicators-driven blockchain institution that provides market intelligence through ratings, industry research, and data analysis. Our rating methodology utilizes standardized criteria, combining quantitative and qualitative analysis to ensure objective and consistent evaluations. For a detailed understanding of our methodology, rating symbols, and outlooks, please refer to the TokenInsight Token Rating Methodology.
Notice: TokenInsight's rating methodology is solely for assessing the project and token's qualification and risk within the blockchain industry. It is not intended for evaluating the investment value of tokens. The rating results should not be the basis for making investment decisions.
Investing in blockchain projects carries inherent risks, and individuals should conduct their own research and seek advice from financial advisors before making any investment.
Layer 1
Exchange Token
RWA
