Ask about Saddle Finance
Logo of Saddle Finance

Saddle Finance(SDL)Deprecated protocol

Total Value Locked$976,388

TVL by Chain

Ethereum$961,102

Arbitrum$14,798

OP Mainnet$484.61

Aurora$2

Fantom$0.93

Evmos$0

Kava$0

Key Metrics

Fees 30d$0.21
Fees 30d by chain

Arbitrum$0.21

Ethereum$0

Fees 7d$0.04

Arbitrum$0.04

Ethereum$0

Fees 24h$0

Arbitrum$0

Ethereum$0

Cumulative Fees$332.63

Arbitrum$332.63

Ethereum$0

Revenue 30d$0.10
Revenue 30d by chain

Arbitrum$0.10

Ethereum$0

Revenue 7d$0.02

Arbitrum$0.02

Ethereum$0

Revenue 24h$0

Arbitrum$0

Ethereum$0

Cumulative Revenue$161.25

Arbitrum$161.25

Ethereum$0

Holders Revenue 30d$0
Holders Revenue 30d by chain

Arbitrum$0

Ethereum$0

Holders Revenue 7d$0

Arbitrum$0

Ethereum$0

Holders Revenue 24h$0

Arbitrum$0

Ethereum$0

Cumulative Holders Revenue$0

Arbitrum$0

Ethereum$0

DEX Volume 30d$512.81
DEX Volume 30d by chain

Arbitrum$512.81

Ethereum$0

DEX Volume 7d$108.09

Arbitrum$108.09

Ethereum$0

DEX Volume 24h$0

Arbitrum$0

Ethereum$0

Cumulative DEX Volume$1.156b

Ethereum$929.15m

Arbitrum$226.66m

Total Raised$11.8m

Jan 19, 2021$4.3mRound: SeedInvestors: Alameda Research, Alexander Pack, Ash Egan, Coinbase Ventures, Divergence Ventures, Dragonfly Capital, Electric Capital, Framework Ventures, Linda Xie, Polychain Capital, Qiao Wang

Nov 11, 2021$7.5mRound: Series AInvestors: eGirl Capital, Electric Capital, Nalu Capital, Nascent, Polychain, Project Galaxy

Protocol Information

Saddle is an automated market maker for pegged value crypto assets.

Category:Dexs

Sub Category: StableSwap

Audits:

Methodology

TVL: Counts as TVL all the Assets deposited on each chain through different Pool ContractsView code on GitHubFees: Users pay fees per swap.View code on GitHubRevenue: Amount of swap fees shared to admin.View code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHub

Hacks

Date: Apr 30, 2022

Amount: $11m

Classification: Protocol Logic

Technique: Swap Logic Flaw

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Frequently Asked Questions

What is Saddle Finance's TVL?

Saddle Finance currently has $976,388 in total value locked. TVL has increased 1.5% over the past 30 days.

What chains does Saddle Finance operate on?

Saddle Finance operates on 7 chains: Ethereum, Arbitrum, OP Mainnet, Aurora, and Fantom and 2 others. Ethereum holds the largest share at 98.4%.

How much has Saddle Finance generated in fees and revenue?

Over the past 30 days, Saddle Finance generated $0.21 in fees. Of that, $0.10 was protocol revenue. Based on the trailing year, the annualized rate is $40.63 in fees and $15.25 in revenue.

How much trading volume does Saddle Finance process?

Saddle Finance processed $512.81 in DEX volume over the past 30 days.

Has Saddle Finance ever been exploited?

Saddle Finance has 1 recorded security incident. The most recent incident occurred on Apr 30, 2022 and involved $11m. It was classified as Protocol Logic.