Hop Protocol vs Wormhole: Risk & Value Comparison
Hop Protocol
Wormhole
Sector
Bridge
Bridge
Risk Score
23/100
43/100
Risk Grade
B
C
Value Score
42/100
38/100
Value Grade
C-
C-
TVL
$4M
$1.9B
FDV
$798,401
$130M
Mechanisms
6
7
Interactions
4
6
Quadrant
Safe but Stale
Neutral
Risk Dimension Comparison
Mechanism Novelty/ 15
Hop Protocol
2
Wormhole
5
Interaction Severity/ 20
Hop Protocol
8
Wormhole
11
Oracle Surface/ 10
Hop Protocol
0
Wormhole
0
Documentation Quality/ 10
Hop Protocol
3
Wormhole
3
Track Record/ 15
Hop Protocol
3
Wormhole
10
Scale Exposure/ 10
Hop Protocol
0
Wormhole
7
Regulatory Risk/ 10
Hop Protocol
2
Wormhole
2
Protocol Vitality/ 10
Hop Protocol
5
Wormhole
5
Value Dimension Comparison
Fee Capture/ 25
Hop Protocol
10
Wormhole
10
Token Distribution/ 25
Hop Protocol
7
Wormhole
0
Emission Sustainability/ 25
Hop Protocol
14
Wormhole
8
Competitive Moat/ 25
Hop Protocol
11
Wormhole
20
Verdict
Hop Protocol is the safer protocol with a risk score of 23/100 (B) compared to 43/100 (C).
Hop Protocol has stronger value accrual (C-, 42/100) compared to C- (38/100).