Total Value Locked$722,486.84
TVL by Chain
Arbitrum$520,725.93
Base$185,066.35
Ethereum$16,694.56
Key Metrics
Fees (Annualized)$62,293.85
Fees 30d$5,120.11
Arbitrum$5,115.49
Base$3,129.14
Ethereum$65.37
Fees 7d$808.28
Base$813.23
Arbitrum$765.79
Ethereum$35.49
Fees 24h$150
Base$115
Arbitrum$27.14
Ethereum$7.44
Cumulative Fees$53,569.11
Base$84,995.14
Arbitrum$35,988.63
Ethereum$72.81
Revenue (Annualized)$7,287.87
Revenue 30d$1,023.6
Arbitrum$1,040.82
Ethereum$9.82
Base$0
Revenue 7d$143.64
Arbitrum$154.57
Ethereum$5.33
Base$0
Revenue 24h$21.64
Arbitrum$20.52
Ethereum$1.12
Base$0
Cumulative Revenue$6,271.24
Arbitrum$6,517.34
Base$2,288
Ethereum$10.94
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
Category:Onchain Capital Allocator
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?
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
What is Shift Protocol's TVL?
Shift Protocol currently has $722,486.84 in total value locked. TVL has decreased 10.9% over the past 30 days.
What chains does Shift Protocol operate on?
Shift Protocol operates on 3 chains: Arbitrum, Ethereum, and Base. Arbitrum holds the largest share at 72.1%.
How much has Shift Protocol generated in fees and revenue?
Over the past 30 days, Shift Protocol generated $5,120.11 in fees. Of that, $1,023.6 was protocol revenue. Based on the trailing year, the annualized rate is $62,293.85 in fees and $7,287.87 in revenue.
How does Shift Protocol's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Shift Protocol ranks #39 by TVL. The category holds $8.197b across 74 protocols, and Shift Protocol accounts for <0.1% of that total. Other leading protocols include Grove Finance, Spark, and Veda.

