JustLend vs Tectonic: Risk & Value Comparison

JustLend logoJustLend

Lending

Risk

C+

Value

D

Weak

Tectonic logoTectonic

Lending

Risk

B

Value

D-

Dead Money

JustLend
Tectonic
Sector
Lending
Lending
Risk Score
38/100
22/100
Risk Grade
C+
B
Value Score
22/100
15/100
Value Grade
D
D-
TVL
$3.6B
$122M
FDV
$696M
$10M
Mechanisms
6
5
Interactions
5
4
Quadrant
Weak
Dead Money

Risk Dimension Comparison

Mechanism Novelty/ 15
JustLend
2
Tectonic
0
Interaction Severity/ 20
JustLend
8
Tectonic
5
Oracle Surface/ 10
JustLend
5
Tectonic
2
Documentation Quality/ 10
JustLend
4
Tectonic
2
Track Record/ 15
JustLend
3
Tectonic
3
Scale Exposure/ 10
JustLend
7
Tectonic
5
Regulatory Risk/ 10
JustLend
5
Tectonic
3
Protocol Vitality/ 10
JustLend
4
Tectonic
2

Value Dimension Comparison

Fee Capture/ 25
JustLend
10
Tectonic
4
Token Distribution/ 25
JustLend
0
Tectonic
3
Emission Sustainability/ 25
JustLend
4
Tectonic
4
Competitive Moat/ 25
JustLend
8
Tectonic
4

Verdict

Tectonic is the safer protocol with a risk score of 22/100 (B) compared to 38/100 (C+).

JustLend has stronger value accrual (D, 22/100) compared to D- (15/100).