Aave V3 vs JustLend: Risk & Value Comparison
Aave V3
JustLend
Sector
Lending
Lending
Risk Score
51/100
34/100
Risk Grade
C-
B-
Value Score
79/100
27/100
Value Grade
B+
D
TVL
$13.4B
$3.6B
FDV
$1.3B
$813M
Mechanisms
10
6
Interactions
7
5
Quadrant
Promising
Dead Money
Risk Dimension Comparison
Mechanism Novelty/ 15
Aave V3
0
JustLend
2
Interaction Severity/ 20
Aave V3
14
JustLend
8
Oracle Surface/ 10
Aave V3
5
JustLend
5
Documentation Quality/ 10
Aave V3
1
JustLend
4
Track Record/ 15
Aave V3
10
JustLend
3
Scale Exposure/ 10
Aave V3
9
JustLend
7
Regulatory Risk/ 10
Aave V3
5
JustLend
3
Protocol Vitality/ 10
Aave V3
7
JustLend
2
Value Dimension Comparison
Fee Capture/ 25
Aave V3
22
JustLend
12
Token Distribution/ 25
Aave V3
14
JustLend
0
Emission Sustainability/ 25
Aave V3
20
JustLend
7
Competitive Moat/ 25
Aave V3
23
JustLend
8
Verdict
JustLend is the safer protocol with a risk score of 34/100 (B-) compared to 51/100 (C-).
Aave V3 has stronger value accrual (B+, 79/100) compared to D (27/100).