Instadapp vs Sherlock: Risk & Value Comparison
Instadapp
Sherlock
Sector
DeFi
DeFi
Risk Score
38/100
38/100
Risk Grade
C+
C+
Value Score
47/100
31/100
Value Grade
C
D+
TVL
$1.2B
$506,000
FDV
$159M
$50M
Mechanisms
8
6
Interactions
6
5
Quadrant
Neutral
Weak
Risk Dimension Comparison
Mechanism Novelty/ 15
Instadapp
9
Sherlock
8
Interaction Severity/ 20
Instadapp
6
Sherlock
10
Oracle Surface/ 10
Instadapp
2
Sherlock
0
Documentation Quality/ 10
Instadapp
2
Sherlock
3
Track Record/ 15
Instadapp
5
Sherlock
5
Scale Exposure/ 10
Instadapp
7
Sherlock
3
Regulatory Risk/ 10
Instadapp
2
Sherlock
3
Protocol Vitality/ 10
Instadapp
5
Sherlock
6
Value Dimension Comparison
Fee Capture/ 25
Instadapp
16
Sherlock
8
Token Distribution/ 25
Instadapp
5
Sherlock
8
Emission Sustainability/ 25
Instadapp
10
Sherlock
6
Competitive Moat/ 25
Instadapp
16
Sherlock
9
Verdict
Both protocols have identical risk scores (38/100), making them equally risky.
Instadapp has stronger value accrual (C, 47/100) compared to D+ (31/100).