Convex Finance vs Stake DAO: Risk & Value Comparison

Convex Finance logoConvex Finance

Yield

Risk

B-

Value

C

Safe but Stale

Stake DAO logoStake DAO

Yield

Risk

B-

Value

C

Safe but Stale

Convex Finance
Stake DAO
Sector
Yield
Yield
Risk Score
30/100
30/100
Risk Grade
B-
B-
Value Score
49/100
45/100
Value Grade
C
C
TVL
$474M
$104M
FDV
$129M
$5M
Mechanisms
7
5
Interactions
5
4
Quadrant
Safe but Stale
Safe but Stale

Risk Dimension Comparison

Mechanism Novelty/ 15
Convex Finance
3
Stake DAO
3
Interaction Severity/ 20
Convex Finance
8
Stake DAO
5
Oracle Surface/ 10
Convex Finance
1
Stake DAO
2
Documentation Quality/ 10
Convex Finance
2
Stake DAO
2
Track Record/ 15
Convex Finance
5
Stake DAO
8
Scale Exposure/ 10
Convex Finance
5
Stake DAO
5
Regulatory Risk/ 10
Convex Finance
2
Stake DAO
2
Protocol Vitality/ 10
Convex Finance
4
Stake DAO
3

Value Dimension Comparison

Fee Capture/ 25
Convex Finance
14
Stake DAO
14
Token Distribution/ 25
Convex Finance
8
Stake DAO
10
Emission Sustainability/ 25
Convex Finance
12
Stake DAO
10
Competitive Moat/ 25
Convex Finance
15
Stake DAO
11

Verdict

Both protocols have identical risk scores (30/100), making them equally risky.

Convex Finance has stronger value accrual (C, 49/100) compared to C (45/100).