Ask about Sherpa
Logo of SherpaSherpa
Total Value Locked$453,270

TVL by Chain

Ethereum$443,956

Base$8,785

Monad$529.03

Protocol Information

A managed multi-chain yield vault generating returns on USDC through delta-neutral strategies including positive carry capture, basis trading, volatility hedging, and other strategic arbitrage opportunities.

Category:Onchain Capital Allocator

Audits:

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Methodology

TVL: TVL is calculated as the sum of totalStaked (USDC earning yield) and totalPending (USDC awaiting next round) in the SherpaVault contracts across all chains.View code on GitHub

Yields

Pools Tracked1

Average Supply APY9.21%

Competitors

Upshift ($271.95m)Lagoon ($136.72m)Grove Finance ($2.369b)Spark Liquidity Layer ($1.6b)Veda ($1.265b)Concrete ($853.99m)ether.fi Liquid ($241.09m)Mellow Core ($191.39m)Ember Protocol ($89.92m)Aera V3 ($80.9m)

Frequently Asked Questions

What is Sherpa?

A managed multi-chain yield vault generating returns on USDC through delta-neutral strategies including positive carry capture, basis trading, volatility hedging, and other strategic arbitrage opportunities.

What is Sherpa's TVL?

Sherpa currently has $453,270 in total value locked. TVL has decreased 14.9% over the past 30 days.

What chains does Sherpa operate on?

Sherpa operates on 3 chains: Base, Ethereum, and Monad. Ethereum holds the largest share at 97.9%.

How does Sherpa's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, Sherpa ranks #44 by TVL. The category holds $7.587b across 72 protocols, and Sherpa accounts for 0% of that total. Other leading protocols include Grove Finance, Spark, and Veda.

How many yield pools does Sherpa have?

DefiLlama tracks 1 Sherpa yield pool with an average APY of 9.2%.