Aave V3 vs Venus Protocol: Risk & Value Comparison

Aave V3 logoAave V3

Lending

Risk

C-

Value

B+

Promising

Venus Protocol logoVenus Protocol

Lending

Risk

C

Value

C+

Neutral

Aave V3
Venus Protocol
Sector
Lending
Lending
Risk Score
51/100
50/100
Risk Grade
C-
C
Value Score
79/100
54/100
Value Grade
B+
C+
TVL
$13.9B
$1.2B
FDV
$1.5B
$76M
Mechanisms
10
7
Interactions
7
5
Quadrant
Promising
Neutral

Risk Dimension Comparison

Mechanism Novelty/ 15
Aave V3
0
Venus Protocol
2
Interaction Severity/ 20
Aave V3
14
Venus Protocol
11
Oracle Surface/ 10
Aave V3
5
Venus Protocol
5
Documentation Quality/ 10
Aave V3
1
Venus Protocol
3
Track Record/ 15
Aave V3
10
Venus Protocol
15
Scale Exposure/ 10
Aave V3
9
Venus Protocol
7
Regulatory Risk/ 10
Aave V3
5
Venus Protocol
3
Protocol Vitality/ 10
Aave V3
7
Venus Protocol
4

Value Dimension Comparison

Fee Capture/ 25
Aave V3
22
Venus Protocol
16
Token Distribution/ 25
Aave V3
14
Venus Protocol
12
Emission Sustainability/ 25
Aave V3
20
Venus Protocol
14
Competitive Moat/ 25
Aave V3
23
Venus Protocol
12

Verdict

Venus Protocol is the safer protocol with a risk score of 50/100 (C) compared to 51/100 (C-).

Aave V3 has stronger value accrual (B+, 79/100) compared to C+ (54/100).