Total Value Locked$871,100.99
TVL by Chain
Arbitrum$492,604.36
Ethereum$193,214.64
Base$185,281.99
Key Metrics
Fees (Annualized)$65,069.45
Fees 30d$6,310.01
Arbitrum$9,697.77
Base$2,698.12
Ethereum$283.07
Fees 7d$3,845
Arbitrum$6,313.28
Base$782
Ethereum$204.89
Fees 24h$4,384
Arbitrum$3,896
Ethereum$456
Base$32
Cumulative Fees$61,966.01
Base$85,802.12
Arbitrum$46,437.77
Ethereum$739.07
Revenue (Annualized)$7,717.5
Revenue 30d$1,199.68
Arbitrum$1,424.92
Ethereum$34.69
Base$0
Revenue 7d$503.96
Arbitrum$713.9
Ethereum$22.94
Base$0
Revenue 24h$499
Arbitrum$438
Ethereum$61.43
Base$0
Cumulative Revenue$7,328.46
Arbitrum$7,722.7
Base$2,288
Ethereum$96.12
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 $871,100.99 in total value locked. TVL has increased 8% over the past 30 days.
What chains does Shift Protocol operate on?
Shift Protocol operates on 3 chains: Base, Ethereum, and Arbitrum. 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 $6,310.01 in fees. Of that, $1,199.68 was protocol revenue. Based on the trailing year, the annualized rate is $65,069.45 in fees and $7,717.5 in revenue.
How does Shift Protocol's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Shift Protocol ranks #37 by TVL. The category holds $8.916b across 78 protocols, and Shift Protocol accounts for <0.1% of that total. Other leading protocols include Spark Liquidity Layer, Veda, Lagoon, Aera V2, D2 Finance, Spectra MetaVaults, Spectra MetaVaults Outside V2, MORE Vaults, Mitosis, and MaxShot.
