Hop Protocol vs Stargate V1: Risk & Value Comparison

Hop Protocol logoHop Protocol

Bridge

Risk

B

Value

C-

Safe but Stale

Stargate V1 logoStargate V1

Bridge

Risk

B-

Value

C

Safe but Stale

Hop Protocol
Stargate V1
Sector
Bridge
Bridge
Risk Score
23/100
30/100
Risk Grade
B
B-
Value Score
42/100
46/100
Value Grade
C-
C
TVL
$4M
$11M
FDV
$798,401
$32,654
Mechanisms
6
6
Interactions
4
5
Quadrant
Safe but Stale
Safe but Stale

Risk Dimension Comparison

Mechanism Novelty/ 15
Hop Protocol
2
Stargate V1
3
Interaction Severity/ 20
Hop Protocol
8
Stargate V1
5
Oracle Surface/ 10
Hop Protocol
0
Stargate V1
2
Documentation Quality/ 10
Hop Protocol
3
Stargate V1
2
Track Record/ 15
Hop Protocol
3
Stargate V1
3
Scale Exposure/ 10
Hop Protocol
0
Stargate V1
3
Regulatory Risk/ 10
Hop Protocol
2
Stargate V1
3
Protocol Vitality/ 10
Hop Protocol
5
Stargate V1
9

Value Dimension Comparison

Fee Capture/ 25
Hop Protocol
10
Stargate V1
12
Token Distribution/ 25
Hop Protocol
7
Stargate V1
12
Emission Sustainability/ 25
Hop Protocol
14
Stargate V1
10
Competitive Moat/ 25
Hop Protocol
11
Stargate V1
12

Verdict

Hop Protocol is the safer protocol with a risk score of 23/100 (B) compared to 30/100 (B-).

Stargate V1 has stronger value accrual (C, 46/100) compared to C- (42/100).