Angle Protocol vs Aster USDF: Risk & Value Comparison

Angle Protocol logoAngle Protocol

Stablecoin

Risk

B-

Value

C

Safe but Stale

Aster USDF logoAster USDF

Stablecoin

Risk

C+

Value

C

Neutral

Angle Protocol
Aster USDF
Sector
Stablecoin
Stablecoin
Risk Score
28/100
41/100
Risk Grade
B-
C+
Value Score
44/100
45/100
Value Grade
C
C
TVL
$4M
$121M
FDV
$16M
$119M
Mechanisms
7
6
Interactions
5
5
Quadrant
Safe but Stale
Neutral

Risk Dimension Comparison

Mechanism Novelty/ 15
Angle Protocol
0
Aster USDF
8
Interaction Severity/ 20
Angle Protocol
8
Aster USDF
10
Oracle Surface/ 10
Angle Protocol
2
Aster USDF
3
Documentation Quality/ 10
Angle Protocol
3
Aster USDF
3
Track Record/ 15
Angle Protocol
0
Aster USDF
3
Scale Exposure/ 10
Angle Protocol
3
Aster USDF
5
Regulatory Risk/ 10
Angle Protocol
6
Aster USDF
6
Protocol Vitality/ 10
Angle Protocol
6
Aster USDF
3

Value Dimension Comparison

Fee Capture/ 25
Angle Protocol
9
Aster USDF
12
Token Distribution/ 25
Angle Protocol
7
Aster USDF
8
Emission Sustainability/ 25
Angle Protocol
16
Aster USDF
12
Competitive Moat/ 25
Angle Protocol
12
Aster USDF
13

Verdict

Angle Protocol is the safer protocol with a risk score of 28/100 (B-) compared to 41/100 (C+).

Aster USDF has stronger value accrual (C, 45/100) compared to C (44/100).