Angle Protocol vs Cap: Risk & Value Comparison

Angle Protocol logoAngle Protocol

Stablecoin

Risk

B-

Value

C

Safe but Stale

Cap logoCap

Stablecoin

Risk

C

Value

D

Weak

Angle Protocol
Cap
Sector
Stablecoin
Stablecoin
Risk Score
28/100
43/100
Risk Grade
B-
C
Value Score
44/100
22/100
Value Grade
C
D
TVL
$4M
$314M
FDV
$16M
$3,739.15
Mechanisms
7
5
Interactions
5
4
Quadrant
Safe but Stale
Weak

Risk Dimension Comparison

Mechanism Novelty/ 15
Angle Protocol
0
Cap
9
Interaction Severity/ 20
Angle Protocol
8
Cap
8
Oracle Surface/ 10
Angle Protocol
2
Cap
2
Documentation Quality/ 10
Angle Protocol
3
Cap
4
Track Record/ 15
Angle Protocol
0
Cap
6
Scale Exposure/ 10
Angle Protocol
3
Cap
5
Regulatory Risk/ 10
Angle Protocol
6
Cap
6
Protocol Vitality/ 10
Angle Protocol
6
Cap
3

Value Dimension Comparison

Fee Capture/ 25
Angle Protocol
9
Cap
5
Token Distribution/ 25
Angle Protocol
7
Cap
5
Emission Sustainability/ 25
Angle Protocol
16
Cap
7
Competitive Moat/ 25
Angle Protocol
12
Cap
5

Verdict

Angle Protocol is the safer protocol with a risk score of 28/100 (B-) compared to 43/100 (C).

Angle Protocol has stronger value accrual (C, 44/100) compared to D (22/100).