Apollo Diversified Credit Securitize Fund vs Frax USD: Risk & Value Comparison

Frax USD logoFrax USD

RWA

Risk

B-

Value

C

Safe but Stale

Apollo Diversified Credit Securitize Fund
Frax USD
Sector
RWA
RWA
Risk Score
33/100
32/100
Risk Grade
B-
B-
Value Score
18/100
48/100
Value Grade
D-
C
TVL
$90M
$83M
FDV
$114M
$132M
Mechanisms
6
7
Interactions
4
5
Quadrant
Dead Money
Safe but Stale

Risk Dimension Comparison

Mechanism Novelty/ 15
Apollo Diversified Credit Securitize Fund
3
Frax USD
5
Interaction Severity/ 20
Apollo Diversified Credit Securitize Fund
5
Frax USD
6
Oracle Surface/ 10
Apollo Diversified Credit Securitize Fund
2
Frax USD
2
Documentation Quality/ 10
Apollo Diversified Credit Securitize Fund
2
Frax USD
2
Track Record/ 15
Apollo Diversified Credit Securitize Fund
4
Frax USD
2
Scale Exposure/ 10
Apollo Diversified Credit Securitize Fund
5
Frax USD
5
Regulatory Risk/ 10
Apollo Diversified Credit Securitize Fund
8
Frax USD
6
Protocol Vitality/ 10
Apollo Diversified Credit Securitize Fund
4
Frax USD
4

Value Dimension Comparison

Fee Capture/ 25
Apollo Diversified Credit Securitize Fund
2
Frax USD
14
Token Distribution/ 25
Apollo Diversified Credit Securitize Fund
4
Frax USD
10
Emission Sustainability/ 25
Apollo Diversified Credit Securitize Fund
6
Frax USD
12
Competitive Moat/ 25
Apollo Diversified Credit Securitize Fund
6
Frax USD
12

Verdict

Frax USD is the safer protocol with a risk score of 32/100 (B-) compared to 33/100 (B-).

Frax USD has stronger value accrual (C, 48/100) compared to D- (18/100).