Alchemix vs Save: Risk & Value Comparison

Alchemix logoAlchemix

Lending

Risk

B-

Value

C-

Safe but Stale

Save logoSave

Lending

Risk

B-

Value

C-

Safe but Stale

Alchemix
Save
Sector
Lending
Lending
Risk Score
31/100
31/100
Risk Grade
B-
B-
Value Score
42/100
36/100
Value Grade
C-
C-
TVL
$31M
$65M
FDV
$6M
$6M
Mechanisms
7
8
Interactions
5
5
Quadrant
Safe but Stale
Safe but Stale

Risk Dimension Comparison

Mechanism Novelty/ 15
Alchemix
6
Save
0
Interaction Severity/ 20
Alchemix
10
Save
7
Oracle Surface/ 10
Alchemix
2
Save
3
Documentation Quality/ 10
Alchemix
3
Save
3
Track Record/ 15
Alchemix
3
Save
4
Scale Exposure/ 10
Alchemix
3
Save
3
Regulatory Risk/ 10
Alchemix
2
Save
5
Protocol Vitality/ 10
Alchemix
2
Save
6

Value Dimension Comparison

Fee Capture/ 25
Alchemix
9
Save
10
Token Distribution/ 25
Alchemix
6
Save
8
Emission Sustainability/ 25
Alchemix
16
Save
6
Competitive Moat/ 25
Alchemix
11
Save
12

Verdict

Both protocols have identical risk scores (31/100), making them equally risky.

Alchemix has stronger value accrual (C-, 42/100) compared to C- (36/100).