Shift Protocol
Total Value Locked$746,790.84
TVL by Chain
Arbitrum$422,299.71
Ethereum$182,817.43
Base$141,673.71
Key Metrics
Fees 30d$8,135.24
Fees 30d by chain
Arbitrum$6,952.52
Base$3,545.18
Ethereum$1,586.03
Fees 7d$3,569
Arbitrum$3,286.97
Base$866
Ethereum$358.1
Fees 24h-$67.23
Ethereum$52
Arbitrum$0
Base$0
Cumulative Fees$65,653.18
Base$89,314.93
Arbitrum$49,493.58
Ethereum$1,921.1
Revenue 30d$1,384.33
Revenue 30d by chain
Arbitrum$1,485.44
Ethereum$187.01
Base$0
Revenue 7d$599.05
Arbitrum$656.73
Ethereum$42.28
Base$0
Revenue 24h-$30.45
Ethereum$4.79
Arbitrum$0
Base$0
Cumulative Revenue$8,181.17
Arbitrum$8,767.41
Base$2,289.32
Ethereum$226.49
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 $746,790.84 in total value locked. TVL has decreased 14.3% 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 56.5%.
How much has Shift Protocol generated in fees and revenue?
Over the past 30 days, Shift Protocol generated $8,135.24 in fees. Of that, $1,384.33 was protocol revenue. Based on the trailing year, the annualized rate is $65,720.47 in fees and $8,442.93 in revenue.
How does Shift Protocol's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Shift Protocol ranks #42 by TVL. The category holds $9.353b across 80 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.

