Stargate V1 vs Wormhole: Risk & Value Comparison

Stargate V1

Bridge

Risk

B-

Value

C

Safe but Stale

Wormhole

Bridge

Risk

C

Value

C-

Neutral

Stargate V1
Wormhole
Sector
Bridge
Bridge
Risk Score
30/100
43/100
Risk Grade
B-
C
Value Score
46/100
38/100
Value Grade
C
C-
TVL
$11M
$1.6B
FDV
$30,869
$130M
Mechanisms
6
7
Interactions
5
6
Quadrant
Safe but Stale
Neutral

Risk Dimension Comparison

Mechanism Novelty/ 15
Stargate V1
3
Wormhole
5
Interaction Severity/ 20
Stargate V1
5
Wormhole
11
Oracle Surface/ 10
Stargate V1
2
Wormhole
0
Documentation Quality/ 10
Stargate V1
2
Wormhole
3
Track Record/ 15
Stargate V1
3
Wormhole
10
Scale Exposure/ 10
Stargate V1
3
Wormhole
7
Regulatory Risk/ 10
Stargate V1
3
Wormhole
2
Protocol Vitality/ 10
Stargate V1
9
Wormhole
5

Value Dimension Comparison

Fee Capture/ 25
Stargate V1
12
Wormhole
10
Token Distribution/ 25
Stargate V1
12
Wormhole
0
Emission Sustainability/ 25
Stargate V1
10
Wormhole
8
Competitive Moat/ 25
Stargate V1
12
Wormhole
20

Verdict

Stargate V1 is the safer protocol with a risk score of 30/100 (B-) compared to 43/100 (C).

Stargate V1 has stronger value accrual (C, 46/100) compared to C- (38/100).