Save this tweet. Check back in a year. These are the 4 most shockingly undervalued coins in the top 100 𝗣𝗨𝗠𝗣 ~$1M/day in platform revenue, $1B+ in lifetime revenue since launch, and the team just burned $370M of tokens (36% of supply) and locked 50% of net fees into permanent buyback-and-burn. Annualized run-rate is north of $300M. Market cap? Sub $650M. That's a stablecoin-adjacent revenue multiple on a business throwing off real cash. The "it's just a memecoin casino" narrative is the only thing keeping this cheap. 𝗝𝗨𝗣 The biggest app on Solana by activity, trailing 12-month revenue estimated around $130M across seven products, every single one kicking 50% of fees into JUP buybacks. Jupiter Lend TVL is climbing toward $800M and GUM hasn't even fully rolled out yet. Market cap sits around $650-790M. That's roughly a 5x revenue multiple for the dominant aggregator on the fastest-growing L1 in crypto. Priced like an afterthought. 𝗟𝗜𝗧 (𝗟𝗶𝗴𝗵𝘁𝗲𝗿) $37.5 billion in 30-day perp volume. $92M in annualized fees. $71M of that is real revenue, and $43M of it gets handed straight to holders through buybacks, not "eventually," not "pending governance," it's already happening. $842M in open interest sitting on the platform right now. Market cap? $546M. Basically 1:1 with TVL and under 8x revenue for a business growing this fast. Hyperliquid runs the same playbook and gets a $10.35B market cap for it. Lighter is doing Hyperliquid numbers at 5% of Hyperliquid's valuation, and it already burned 6.3% of supply to prove the buyback isn't just marketing. This is the single most mispriced token on this list. 𝗘𝗡𝗔 (𝗘𝘁𝗵𝗲𝗻𝗮) $4.5B in TVL. BlackRock integrated USDe into Aladdin. Coinbase's USDe-backed vault crossed $200M in a month. Robinhood picked USDe as collateral for its first crypto earn product. Janus Henderson is using staked USDe for treasury management. And the market cap is $770M — TVL is nearly 6x the market cap. The fee switch (Q3 2026) turns ENA from pure governance into a cash-flow asset. Right now the token isn't even pricing in the infrastructure it's already sitting on top of. Not financial advice, just what the on-chain numbers say versus what the market's paying. note I own PUMP and JUP btw.(Lark Davis)