Celestia vs Filecoin: Risk & Value Comparison
Celestia
Filecoin
Sector
L1
L1
Risk Score
29/100
29/100
Risk Grade
B-
B-
Value Score
28/100
23/100
Value Grade
D+
D
TVL
—
$102M
FDV
$420M
$1.8B
Mechanisms
6
5
Interactions
5
4
Quadrant
Dead Money
Dead Money
Risk Dimension Comparison
Mechanism Novelty/ 15
Celestia
6
Filecoin
7
Interaction Severity/ 20
Celestia
4
Filecoin
3
Oracle Surface/ 10
Celestia
0
Filecoin
2
Documentation Quality/ 10
Celestia
2
Filecoin
3
Track Record/ 15
Celestia
6
Filecoin
3
Scale Exposure/ 10
Celestia
5
Filecoin
2
Regulatory Risk/ 10
Celestia
2
Filecoin
3
Protocol Vitality/ 10
Celestia
4
Filecoin
6
Value Dimension Comparison
Fee Capture/ 25
Celestia
4
Filecoin
5
Token Distribution/ 25
Celestia
10
Filecoin
7
Emission Sustainability/ 25
Celestia
6
Filecoin
4
Competitive Moat/ 25
Celestia
8
Filecoin
7
Verdict
Both protocols have identical risk scores (29/100), making them equally risky.
Celestia has stronger value accrual (D+, 28/100) compared to D (23/100).