Frax USD vs Invesco USTB: Risk & Value Comparison
Frax USD
Invesco USTB
Sector
RWA
RWA
Risk Score
32/100
32/100
Risk Grade
B-
B-
Value Score
48/100
67/100
Value Grade
C
B
TVL
$114M
$754M
FDV
$110M
—
Mechanisms
7
4
Interactions
5
4
Quadrant
Safe but Stale
Blue Chip
Risk Dimension Comparison
Mechanism Novelty/ 15
Frax USD
5
Invesco USTB
3
Interaction Severity/ 20
Frax USD
6
Invesco USTB
5
Oracle Surface/ 10
Frax USD
2
Invesco USTB
4
Documentation Quality/ 10
Frax USD
2
Invesco USTB
1
Track Record/ 15
Frax USD
2
Invesco USTB
1
Scale Exposure/ 10
Frax USD
5
Invesco USTB
7
Regulatory Risk/ 10
Frax USD
6
Invesco USTB
4
Protocol Vitality/ 10
Frax USD
4
Invesco USTB
7
Value Dimension Comparison
These protocols use different value scoring frameworks (Invesco USTB: Stablecoin), so individual dimension comparison is not applicable.
Frax USD
C48/100
Invesco USTB
B67/100
Verdict
Both protocols have identical risk scores (32/100), making them equally risky.
Invesco USTB has stronger value accrual (B, 67/100) compared to C (48/100).