Logo of Sharpe MagnumSharpe Magnum(SAI)
Total Value Locked$1,248.66

TVL by Chain

Ethereum$1,248.66

Key Metrics

Fees 30d$0
Fees 30d by chain

Arbitrum$0

Base$0

OP Mainnet$0

Fees 7d$0

Arbitrum$0

Base$0

OP Mainnet$0

Fees 24h$0

Arbitrum$0

Base$0

OP Mainnet$0

Cumulative Fees$7,763

Arbitrum$4,725

Base$1,960

OP Mainnet$1,078

Cumulative DEX Volume$97
Cumulative DEX Volume by chain

Ethereum$97

Protocol Information

Sharpe Magnum is a leveraged staking layer built on top of Lido stETH. Magnum functions as a staking optimizer, enhancing the capital efficiency of staking pools by leveraging staked assets via lending protocols and flashloans while keeping the same underlying guarantees.

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Category:Yield

Methodology

TVL: counts the Eth amount of by substracting Supplied stEth amount of vault by borrowed Weth of vaultView code on GitHubFees: YieldView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHub

Competitors

Spark Savings ($1.275b)Pendle V2 ($1.232b)Convex Finance ($579.55m)Stake DAO Yield ($141.25m)Avalon Superearn ($114.56m)Concentrator ($84.84m)Lorenzo sUSD1+ ($80.26m)Yuzu Money ($71.96m)Wise Token ($71.53m)Sierra Protocol ($47.83m)

Frequently Asked Questions

What is Sharpe Magnum's TVL?

Sharpe Magnum currently has $1,248.66 in total value locked. TVL has increased 34.6% over the past 30 days.

What chains does Sharpe Magnum operate on?

Sharpe Magnum operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Sharpe Magnum generated in fees?

Over the past 30 days, Sharpe Magnum generated $0 in fees. Based on the trailing year, the annualized rate is $3 in fees.

How does Sharpe Magnum's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Sharpe Magnum ranks #341 by TVL. The category holds $4.564b across 585 protocols, and Sharpe Magnum accounts for <0.1% of that total. Other leading protocols include Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, Avalon Superearn, Concentrator, Lorenzo sUSD1+, Yuzu Money, Wise Token, and Sierra Protocol.