Figure
2 placements on ChainChoice under Figure, each scored against its own category's pool and criteria — #1 in one of them. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.
Crypto-Backed Loans
FigureRank#1 OverallScore78
Leads the published order
View verdictTokenised Real Estate
Figure ConnectRank#3 OverallScore48
#1 in this category: Lofty
View verdictCrypto-Backed Loans
How you can lose money here, and what the ranking scores
- Oracle failure (Figure 6/10): a wrong price or outcome liquidates or settles a position.Scored by Who sets the price that liquidates you, how long do you really get, and can they sell without telling you? · 26%
- Insolvency failure (Figure 5/10): the firm or issuer that owes you cannot pay.Scored by If the lender fails, is it your bitcoin or theirs — and what may they do with it before then? · 34%
- Regulatory failure (Figure 7/10): no licence where you are, or a forced market exit.Scored by Which entity actually becomes your creditor, and does a register say it may lend? · 18%
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Execution failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Can you compute your total cost, at your tier, before you apply? (22%).
Tokenised Real Estate
How you can lose money here, and what the ranking scores
- Insolvency failure (Figure Connect 6/10): the firm or issuer that owes you cannot pay.Scored by What the token legally conveys · 32%
- Regulatory failure (Figure Connect 1/10): no licence where you are, or a forced market exit.Scored by Who can participate · 22%
- Exit failure (Figure Connect 3/10): you cannot get out at par, on time, or with what is yours.Scored by Exit reality · 26%
Not assessed by this ranking: Contract failure, Control failure, Custody failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Fee-stack disclosure (20%).