Total Value Locked$867,098.35
TVL by Chain
Arbitrum$484,683.78
Ethereum$219,866.26
Base$162,548.31
Key Metrics
Fees 30d$7,266.07
Fees 30d by chain
Arbitrum$9,075.18
Base$2,725.32
Ethereum$914
Fees 7d$1,464.72
Arbitrum$1,198.22
Base$737.87
Ethereum$416.11
Fees 24h-$513
Ethereum$61
Arbitrum$0
Base$0
Cumulative Fees$59,726.89
Base$86,725.62
Arbitrum$44,186.23
Ethereum$939.4
Revenue 30d$1,162.51
Revenue 30d by chain
Arbitrum$1,363
Ethereum$100.74
Base$0
Revenue 7d$280.08
Arbitrum$289.59
Ethereum$42.36
Base$0
Revenue 24h-$42.46
Ethereum$5.72
Arbitrum$0
Base$0
Cumulative Revenue$7,239.84
Arbitrum$7,676.5
Base$2,289.32
Ethereum$104.56
Protocol Information
Shift is a DeFi protocol offering a suite of yield products built on top of leading on-chain perpetual futures exchanges (Perp DEXs). Our mission is to make high-yield strategies available to anyone through transparent, on-chain vaults
Audits:
Methodology
TVL: TVL for v1 vaults is calculated by summing total supply of shares distributed to depositors and multiplied by their share price (comprehensive of profit and loss). v2 vaults are ERC-4626 compliant so they use totalAssets().View code on GitHubFees: All yields generated by Shift Protocol vaults from delta-neutral strategies, basis trading, and LP positions, plus performance fees and management fees.View code on GitHubRevenue: Performance fees (5-20%) on vault profits and management fees (0-2% annually) on AUM, all accruing to the protocol treasury.View code on GitHubCompetitors
Frequently Asked Questions
What is Shift Protocol's TVL?
Shift Protocol currently has $867,098.35 in total value locked. TVL has increased 7.1% over the past 30 days.
What chains does Shift Protocol operate on?
Shift Protocol operates on 3 chains: Ethereum, Arbitrum, and Base. Arbitrum holds the largest share at 55.9%.
How much has Shift Protocol generated in fees and revenue?
Over the past 30 days, Shift Protocol generated $7,266.07 in fees. Of that, $1,162.51 was protocol revenue. Based on the trailing year, the annualized rate is $62,825.11 in fees and $7,864.71 in revenue.
How does Shift Protocol's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Shift Protocol ranks #38 by TVL. The category holds $9.415b across 79 protocols, and Shift Protocol accounts for <0.1% of that total. Other leading protocols include Spark Liquidity Layer, Veda, Aera V3, Lagoon, Aera V2, D2 Finance, Spectra MetaVaults, Spectra MetaVaults Outside V2, MORE Vaults, and Mitosis.
