Contango V2 vs Extended: Risk & Value Comparison
Contango V2
Extended
Sector
Derivatives
Derivatives
Risk Score
33/100
33/100
Risk Grade
B-
B-
Value Score
16/100
28/100
Value Grade
D-
D+
TVL
$6M
$128M
FDV
$2M
—
Mechanisms
5
6
Interactions
4
5
Quadrant
Dead Money
Dead Money
Risk Dimension Comparison
Mechanism Novelty/ 15
Contango V2
3
Extended
3
Interaction Severity/ 20
Contango V2
8
Extended
6
Oracle Surface/ 10
Contango V2
2
Extended
5
Documentation Quality/ 10
Contango V2
2
Extended
2
Track Record/ 15
Contango V2
6
Extended
6
Scale Exposure/ 10
Contango V2
0
Extended
5
Regulatory Risk/ 10
Contango V2
5
Extended
3
Protocol Vitality/ 10
Contango V2
7
Extended
3
Value Dimension Comparison
Fee Capture/ 25
Contango V2
4
Extended
5
Token Distribution/ 25
Contango V2
4
Extended
8
Emission Sustainability/ 25
Contango V2
4
Extended
8
Competitive Moat/ 25
Contango V2
4
Extended
7
Verdict
Both protocols have identical risk scores (33/100), making them equally risky.
Extended has stronger value accrual (D+, 28/100) compared to D- (16/100).