Protocol Information
Sharwa is an on-chain portfolio margin trading protocol on Arbitrum. Traders can use any asset as collateral to trade leveraged positions and options in one account. Lenders earn fees from providing liquidity
Audits:
Methodology
TVL: Sums tokens supplied to liquidity pools and assets stored in margin accounts.View code on GitHubHacks
Date: Oct 20, 2025
Amount: $146,000
Classification: Protocol Logic
Technique: Swap Logic Flaw
Sharwa Finance on Arbitrum was exploited in October 2025 via sandwich attacks on margin trading. Attackers created margin accounts, borrowed additional assets via leverage, and sandwiched their own swaps to extract ~$61K and ~$85K before the platform paused.
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: May 1, 2026
Amount: $32,850
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Sharwa.Finance lost $32.85K on May 1, 2026 on Arbitrum via oracle price manipulation. Attack leveraged incorrect oracle price data to extract value from the protocol.
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Sharwa.Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 16, 2025 to Nov 7, 2026.
All-time high TVL: $101,221 on Oct 20, 2025. All-time low TVL: $3 on Jul 21, 2026.
Daily TVL, Oct 9, 2026 to Nov 7, 2026
| Date | TVL |
|---|---|
| Oct 9, 2026 | $3 |
| Oct 10, 2026 | $3 |
| Oct 11, 2026 | $3 |
| Oct 12, 2026 | $3 |
| Oct 13, 2026 | $3 |
| Oct 14, 2026 | $3 |
| Oct 15, 2026 | $3 |
| Oct 16, 2026 | $3 |
| Oct 17, 2026 | $3 |
| Oct 18, 2026 | $3 |
| Oct 19, 2026 | $3 |
| Oct 20, 2026 | $3 |
| Oct 21, 2026 | $3 |
| Oct 22, 2026 | $3 |
| Oct 23, 2026 | $3 |
| Oct 24, 2026 | $3 |
| Oct 25, 2026 | $3 |
| Oct 26, 2026 | $3 |
| Oct 27, 2026 | $3 |
| Oct 28, 2026 | $3 |
| Oct 29, 2026 | $3 |
| Oct 30, 2026 | $3 |
| Oct 31, 2026 | $3 |
| Nov 1, 2026 | $3 |
| Nov 2, 2026 | $3 |
| Nov 3, 2026 | $3 |
| Nov 4, 2026 | $3 |
| Nov 5, 2026 | $3 |
| Nov 6, 2026 | $3 |
| Nov 7, 2026 | $3 |
TVL at each month end, Oct 2025 to Nov 2026
| Date | TVL |
|---|---|
| Oct 31, 2025 | $4,530 |
| Nov 30, 2025 | $4,140 |
| Dec 31, 2025 | $4,104 |
| Jan 31, 2026 | $5,979 |
| Feb 28, 2026 | $45,586 |
| Mar 31, 2026 | $46,858 |
| Apr 30, 2026 | $49,200 |
| May 31, 2026 | $3,944 |
| Jun 30, 2026 | $3,454 |
| Jul 31, 2026 | $3 |
| Aug 31, 2026 | $3 |
| Sep 30, 2026 | $3 |
| Oct 31, 2026 | $3 |
| Nov 7, 2026 (latest) | $3 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sharwa.finance
Frequently asked questions
What is Sharwa.Finance's TVL?
As of Nov 7, 2026, Sharwa.Finance has $3.22 in total value locked. TVL has increased 7.3% over the past 30 days.
What chains does Sharwa.Finance operate on?
Sharwa.Finance operates on Arbitrum. Arbitrum holds the largest share at 100%.
How does Sharwa.Finance's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Sharwa.Finance ranks #261 by TVL. The category holds $1.844b across 422 protocols, and Sharwa.Finance accounts for <0.1% of that total. Similar protocols include GMX EVM, AZverse Perps, Apex Omni, Aevo Perps, MUX Perps, Antarctic, Contango V2, Gains Network, Evedex, and AlphaX.
Has Sharwa.Finance ever been exploited?
Sharwa.Finance has 2 recorded security incidents. The most recent incident occurred on May 1, 2026 and involved $32,850. It was classified as Oracle Manipulation.