Aztec Connect vs Step Finance: Risk & Value Comparison
Aztec Connect
Step Finance
Sector
DeFi
DeFi
Risk Score
41/100
41/100
Risk Grade
C+
C+
Value Score
10/100
8/100
Value Grade
D-
F
TVL
$5M
—
FDV
—
$52,068
Mechanisms
5
6
Interactions
3
5
Quadrant
Weak
Weak
Risk Dimension Comparison
Mechanism Novelty/ 15
Aztec Connect
8
Step Finance
2
Interaction Severity/ 20
Aztec Connect
8
Step Finance
11
Oracle Surface/ 10
Aztec Connect
3
Step Finance
0
Documentation Quality/ 10
Aztec Connect
3
Step Finance
5
Track Record/ 15
Aztec Connect
15
Step Finance
15
Scale Exposure/ 10
Aztec Connect
0
Step Finance
0
Regulatory Risk/ 10
Aztec Connect
1
Step Finance
2
Protocol Vitality/ 10
Aztec Connect
3
Step Finance
6
Value Dimension Comparison
Fee Capture/ 25
Aztec Connect
2
Step Finance
1
Token Distribution/ 25
Aztec Connect
3
Step Finance
1
Emission Sustainability/ 25
Aztec Connect
3
Step Finance
2
Competitive Moat/ 25
Aztec Connect
2
Step Finance
4
Verdict
Both protocols have identical risk scores (41/100), making them equally risky.
Aztec Connect has stronger value accrual (D-, 10/100) compared to F (8/100).