Magic Eden Alternatives: Similar DeFi Protocols Compared

Magic Eden carries a risk grade of B (26/100) and ranks #6 of 68 rated DeFi protocols. Below are 67 DeFi protocols ranked by safety — from safest to riskiest. 5 of these protocols score lower (safer) than Magic Eden, and 62 score higher (riskier).

The single safest alternative is Ethereum Name Service (B+, 18/100 — 8 points safer than Magic Eden). See the Magic Eden vs Ethereum Name Service comparison to weigh the tradeoffs.

Current Protocol

DeFi

Risk

B

Value

D

TVL

—

Safety analysis →Investment analysis →

AlternativeRiskValueTVL

1

Ethereum Name ServiceSafer

B+

C

—

2

B+

F

$42M

3

DeFi SaverSafer

B

D

$263M

4

Reti PoolingSafer

B

D-

$70M

5

Pyth NetworkSafer

B

D+

—

6

Arrakis Modular

B

D

$75M

7

B

D+

$84M

8

B

D+

$93M

9

B

C-

—

10

B-

D-

$58M

11

B-

D+

$11M

12

B-

D+

$18M

13

B-

C+

$795M

14

Steakhouse Financial

B-

B-

$2.1B

15

B-

D+

$12M

16

Mantle Index Four Fund

B-

C-

$131M

17

B-

C+

$18M

18

B-

D+

$5M

19

CatFee Staking Vault

B-

F

$18M

20

B-

D-

$13M

21

B-

C-

$20M

22

B-

C-

—

23

B-

C-

$13M

24

Metronome Synth

B-

D

$23M

25

B-

C+

—

26

B-

D

$138,000

27

B-

C

$80M

28

B-

C-

$476M

29

B-

D

$15M

30

B-

D+

$1.7B

31

SoSoValue Indexes

B-

D

$95M

32

C+

C+

$1.4B

33

C+

C-

$1.8B

34

C+

C-

$24M

35

C+

C+

$92M

36

C+

D

—

37

C+

C-

$7M

38

Adrastea Validator

C+

D

$20M

39

C+

C-

$700M

40

C+

C-

—

41

C+

C-

—

42

C+

D-

$20M

43

C+

D+

$506,000

44

C+

D+

$39M

45

Treehouse Protocol

C+

C-

$84M

46

C+

D

$110M

47

Theo Straddle Vaults

C+

D

$5M

48

C+

C-

$499M

49

C+

D-

$68M

50

C+

D-

$5M

51

C+

D

$257M

52

C+

C-

$17M

53

C+

C-

$100M

54

C+

F

—

55

C+

D+

$5M

56

C+

C-

$5M

57

RedStone Oracle

C+

C+

$570,000

58

C+

C-

$20M

59

Superfluid Finance

C

C-

$5M

60

C

C-

$237M

61

C

D+

$5M

62

C

D

$9M

63

C

C+

—

64

Virtuals Protocol

C

C+

—

65

C

C-

$37M

66

C-

D

—

67

D

F

—

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