Ask about Shift Protocol · freeTotal Value Locked$669,319
TVL by Chain
Arbitrum$404,657
Ethereum$177,864
Base$86,797
Key Metrics
Fees 30d$8,647
Fees 30d by chain
Arbitrum$7,080
Base$2,081
Ethereum$1,520
Fees 7d$1,890
Arbitrum$1,266
Ethereum$441.80
Base$210.89
Fees 24h$162
Arbitrum$205
Ethereum$74.83
Base$0
Cumulative Fees$69,632
Base$90,073
Arbitrum$52,674
Ethereum$2,953
Revenue 30d$1,372
Revenue 30d by chain
Arbitrum$1,406
Ethereum$163.57
Base$0
Revenue 7d$295.98
Arbitrum$252.40
Ethereum$44.10
Base$0
Revenue 24h$48.28
Arbitrum$40.82
Ethereum$7.45
Base$0
Cumulative Revenue$8,835
Arbitrum$9,363
Base$2,289
Ethereum$332.53
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 $669,319 in total value locked. TVL has decreased 20.2% 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 60.5%.
How much has Shift Protocol generated in fees and revenue?
Over the past 30 days, Shift Protocol generated $8,647 in fees. Of that, $1,372 was protocol revenue. Based on the trailing year, the annualized rate is $68,680 in fees and $8,746 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 $9.229b across 85 protocols, and Shift Protocol accounts for <0.1% of that total. Other leading protocols include Spark Liquidity Layer, Veda, Aera V3, Lagoon, Fusion by IPOR, Aera V2, D2 Finance, Spectra MetaVaults, Spectra MetaVaults Outside V2, and MORE Vaults.