MakerDAO Alternatives: Similar CDP Protocols Compared

MakerDAO carries a risk grade of B- (29/100) and ranks #5 of 25 rated CDP protocols. Below are 24 CDP protocols ranked by safety — from safest to riskiest. 4 of these protocols score lower (safer) than MakerDAO, and 20 score higher (riskier).

The single safest alternative is Kava Mint (B, 21/100 — 8 points safer than MakerDAO). See the MakerDAO vs Kava Mint comparison to weigh the tradeoffs.

Current Protocol

MakerDAO logo
MakerDAO

CDP

Risk

B-

Value

B

TVL

$5.3B

Safety analysis →Investment analysis →
AlternativeRiskValueTVL
1Kava Mint logoKava MintSafer
B
D-
$54M
2Liquity V1 logoLiquity V1Safer
B
B
$180M
3Sovryn Zero logoSovryn ZeroSafer
B
D
$24M
4Frankencoin logoFrankencoinSafer
B
D+
$69M
5Sky logoSky
B-
A-
$5.2B
6Felix CDP logoFelix CDP
B-
D
$41M
7Mezo Borrow logoMezo Borrow
B-
D+
$23M
8Bucket Protocol V2 logoBucket Protocol V2
B-
D+
$10M
9Reservoir Protocol logoReservoir Protocol
B-
C+
$109M
10Bucket CDP logoBucket CDP
C+
D
$15M
11crvUSD logocrvUSD
C+
C+
$89M
12Lista CDP logoLista CDP
C+
C-
$383M
13Youves logoYouves
C+
D-
$22M
14Djed Stablecoin logoDjed Stablecoin
C+
D+
$8M
15River Omni-CDP logoRiver Omni-CDP
C+
D
$98M
16Avalon USDa logoAvalon USDa
C+
C-
$422M
17BitU Protocol logoBitU Protocol
C+
D
$23M
18RIF ON CHAIN logoRIF ON CHAIN
C+
D+
$13M
19BTCFi CDP logoBTCFi CDP
C
D-
$12M
20FxDAO logoFxDAO
C
D
$46,000
21Yala logoYala
C
D
$2M
22Resupply logoResupply
C
C-
$39M
23Pando Leaf logoPando Leaf
C
D
$15M
24Rings Protocol logoRings Protocol
C-
B-
$54M
Is MakerDAO safe?Is MakerDAO a good investment?MakerDAO risk profile →