Blend Pools V2 vs Granite: Risk & Value Comparison
Blend Pools V2
Granite
Sector
Lending
Lending
Risk Score
30/100
30/100
Risk Grade
B-
B-
Value Score
22/100
30/100
Value Grade
D
D+
TVL
$111M
$16M
FDV
—
—
Mechanisms
5
6
Interactions
4
5
Quadrant
Dead Money
Dead Money
Risk Dimension Comparison
Mechanism Novelty/ 15
Blend Pools V2
3
Granite
3
Interaction Severity/ 20
Blend Pools V2
5
Granite
3
Oracle Surface/ 10
Blend Pools V2
2
Granite
5
Documentation Quality/ 10
Blend Pools V2
2
Granite
2
Track Record/ 15
Blend Pools V2
5
Granite
5
Scale Exposure/ 10
Blend Pools V2
5
Granite
3
Regulatory Risk/ 10
Blend Pools V2
5
Granite
3
Protocol Vitality/ 10
Blend Pools V2
3
Granite
6
Value Dimension Comparison
Fee Capture/ 25
Blend Pools V2
4
Granite
8
Token Distribution/ 25
Blend Pools V2
5
Granite
8
Emission Sustainability/ 25
Blend Pools V2
6
Granite
7
Competitive Moat/ 25
Blend Pools V2
7
Granite
7
Verdict
Both protocols have identical risk scores (30/100), making them equally risky.
Granite has stronger value accrual (D+, 30/100) compared to D (22/100).