Silo Finance presents a compelling fundamental case as a DeFi lending protocol solving the critical issue of 'contagion' risk through its isolated market architecture. The project scores highly on security (8.5/10) and active development (8.5/10), evidenced by a robust audit history (Trail of Bits, Certora), formal verification, and continuous delivery of V2 features and cross-chain expansions. The team and governance structure (7.5/10) are credible and active, though effectively pseudonymous on the technical side. Tokenomics (6.5/10) reflects a heavy initial insider allocation, though vesting is largely complete, reducing future sell pressure.

Crucially, the specific asset evaluated here is the 'Silo Finance [OLD]' token (V1). While the underlying protocol is strong and the 'OLD' token is generally redeemable 1:1 for the new V2 token, this legacy asset lacks direct utility, liquidity, or governance power in the current ecosystem. Investors must be aware that holding this specific symbol carries operational risk and requires immediate migration to the new contract to access the value proposition described (staking, voting, and yield). The high overall score reflects the quality of the Silo Finance ecosystem, but the investment thesis is contingent upon migrating to the active V2 token.