Ask about Sherpa
Logo of SherpaSherpa
Total Value Locked$455,090.34

TVL by Chain

Ethereum$446,087.94

Base$8,781.38

Monad$221.02

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:

WebsiteGitHubTwitter

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 APY8.98%

Competitors

Veda ($1.38b)Upshift ($347.12m)Lagoon ($130.72m)Grove Finance ($2.417b)Spark Liquidity Layer ($1.603b)Concrete ($808.7m)ether.fi Liquid ($302.52m)Mellow Core ($210.94m)Aera V3 ($141.73m)Ember Protocol ($90.55m)

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 $455,090.34 in total value locked. TVL has increased 0.7% over the past 30 days.

What chains does Sherpa operate on?

Sherpa operates on 3 chains: Monad, Base, and Ethereum. Ethereum holds the largest share at 98%.

How does Sherpa's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, Sherpa ranks #45 by TVL. The category holds $7.975b across 73 protocols, and Sherpa accounts for <0.1% 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%.