Most tokens capture nothing. These return real protocol revenue to holders through fee sharing, buybacks or burns, which is the single most useful filter in the whole directory. 356 of the 929 assets in the directory qualify.
A token can sit on top of an enormously used protocol and be entitled to none of the money it makes. That gap is the most common and most expensive misunderstanding in crypto. Everything on this page has a mechanism that routes actual protocol revenue back to holders. That does not make any of them a good investment, and it does mean the question "where does the value come from" has an answer other than sentiment.
Showing the 120 highest scoring of 356 that qualify. The rest are reachable through the A to Z index and the sector pages.
There are no prices or market caps here, deliberately. Those numbers are stale within hours of being written, and a directory full of stale numbers is worse than one without them. What is recorded instead is structural and durable: what the thing actually does, how its supply behaves, who can change it, whether the token captures any revenue, and what has happened to it. For live prices use an exchange or a data aggregator.