Key Metrics
Fees (Annualized)$677,413.01
Fees 30d$139,840
Avalanche$139,840
Fees 7d$21,513
Avalanche$21,513
Fees 24h$364
Avalanche$364
Cumulative Fees$577,557
Avalanche$600,946
Revenue (30d Run Rate)$0
Revenue 30d$0
Avalanche$0
Revenue 7d$0
Avalanche$0
Revenue 24h$0
Avalanche$0
Cumulative Revenue$0
Avalanche$0
Protocol Information
The Sierra Protocol reimagines money by issuing SIERRA, a Liquid Yield Token (LYT) built to deliver the best user experience across CeFi and DeFi
Audits:
Methodology
TVL: TVL includes the USDC held in the reserve wallets and assets staked in OpenTrade vaults backing SIERRA tokens.View code on GitHubFees: Total yield distributed to SIERRA holders, measured as total supply × change in exchange rate.View code on GitHubRevenue: Sierra Protocol does not currently retain any protocol revenue, all yield passes through to holders.View code on GitHubCompetitors
Frequently Asked Questions
What is Sierra Protocol's TVL?
Sierra Protocol currently has $46.47m in total value locked. TVL has increased 12.4% over the past 30 days.
What chains does Sierra Protocol operate on?
Sierra Protocol operates on Avalanche. Avalanche holds the largest share at 100%.
How much has Sierra Protocol generated in fees and revenue?
Over the past 30 days, Sierra Protocol generated $139,840 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $677,413.01 in fees.
How does Sierra Protocol's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Sierra Protocol ranks #16 by TVL. The category holds $4.604b across 584 protocols, and Sierra Protocol accounts for 1% of that total. Other leading protocols include Pendle, Spark Savings, Stake DAO, Spectra V2, Royco V2, Aura, WOOFi Earn, Sushi BentoBox, Guru Network Classic, and Gro.
