Convex Finance vs Royco Protocol: Risk & Value Comparison
Convex Finance
Royco Protocol
Sector
Yield
Yield
Risk Score
34/100
34/100
Risk Grade
B-
B-
Value Score
49/100
28/100
Value Grade
C
D+
TVL
$576M
$20M
FDV
$152M
—
Mechanisms
7
5
Interactions
5
4
Quadrant
Safe but Stale
Dead Money
Risk Dimension Comparison
Mechanism Novelty/ 15
Convex Finance
3
Royco Protocol
9
Interaction Severity/ 20
Convex Finance
8
Royco Protocol
5
Oracle Surface/ 10
Convex Finance
1
Royco Protocol
2
Documentation Quality/ 10
Convex Finance
2
Royco Protocol
2
Track Record/ 15
Convex Finance
5
Royco Protocol
3
Scale Exposure/ 10
Convex Finance
7
Royco Protocol
3
Regulatory Risk/ 10
Convex Finance
2
Royco Protocol
4
Protocol Vitality/ 10
Convex Finance
6
Royco Protocol
6
Value Dimension Comparison
Fee Capture/ 25
Convex Finance
14
Royco Protocol
7
Token Distribution/ 25
Convex Finance
8
Royco Protocol
8
Emission Sustainability/ 25
Convex Finance
12
Royco Protocol
6
Competitive Moat/ 25
Convex Finance
15
Royco Protocol
7
Verdict
Both protocols have identical risk scores (34/100), making them equally risky.
Convex Finance has stronger value accrual (C, 49/100) compared to D+ (28/100).