Avantis vs MUX Perps: Risk & Value Comparison

Avantis logoAvantis

Derivatives

Risk

C+

Value

C-

Neutral

MUX Perps logoMUX Perps

Derivatives

Risk

B

Value

D+

Dead Money

Avantis
MUX Perps
Sector
Derivatives
Derivatives
Risk Score
41/100
27/100
Risk Grade
C+
B
Value Score
39/100
28/100
Value Grade
C-
D+
TVL
$50M
$10M
FDV
$147M
$13M
Mechanisms
5
6
Interactions
4
4
Quadrant
Neutral
Dead Money

Risk Dimension Comparison

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

Value Dimension Comparison

Fee Capture/ 25
Avantis
8
MUX Perps
8
Token Distribution/ 25
Avantis
10
MUX Perps
8
Emission Sustainability/ 25
Avantis
8
MUX Perps
5
Competitive Moat/ 25
Avantis
13
MUX Perps
7

Verdict

MUX Perps is the safer protocol with a risk score of 27/100 (B) compared to 41/100 (C+).

Avantis has stronger value accrual (C-, 39/100) compared to D+ (28/100).