Ethereum vs Filecoin: Risk & Value Comparison

Ethereum logoEthereum

L1

Risk

A-

Value

A-

Blue Chip

Filecoin logoFilecoin

L1

Risk

B

Value

D

Dead Money

Ethereum
Filecoin
Sector
L1
L1
Risk Score
13/100
24/100
Risk Grade
A-
B
Value Score
80/100
27/100
Value Grade
A-
D
TVL
$37.7B
$102M
FDV
$225.1B
$1.4B
Mechanisms
4
5
Interactions
3
4
Quadrant
Blue Chip
Dead Money

Risk Dimension Comparison

Mechanism Novelty/ 15
Ethereum
2
Filecoin
7
Interaction Severity/ 20
Ethereum
2
Filecoin
3
Oracle Surface/ 10
Ethereum
1
Filecoin
2
Documentation Quality/ 10
Ethereum
1
Filecoin
3
Track Record/ 15
Ethereum
1
Filecoin
3
Scale Exposure/ 10
Ethereum
3
Filecoin
2
Regulatory Risk/ 10
Ethereum
1
Filecoin
3
Protocol Vitality/ 10
Ethereum
2
Filecoin
1

Value Dimension Comparison

Fee Capture/ 25
Ethereum
18
Filecoin
5
Token Distribution/ 25
Ethereum
16
Filecoin
7
Emission Sustainability/ 25
Ethereum
22
Filecoin
6
Competitive Moat/ 25
Ethereum
24
Filecoin
9

Verdict

Ethereum is the safer protocol with a risk score of 13/100 (A-) compared to 24/100 (B).

Ethereum has stronger value accrual (A-, 80/100) compared to D (27/100).