Key Metrics
Fees (Annualized)$682,287.25
Fees 30d$156,887
Avalanche$156,887
Fees 7d$30,769
Avalanche$30,769
Fees 24h$2,417
Avalanche$2,417
Cumulative Fees$576,286
Avalanche$599,675
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
Category:Yield
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?
The Sierra Protocol reimagines money by issuing SIERRA, a Liquid Yield Token (LYT) built to deliver the best user experience across CeFi and DeFi
What is Sierra Protocol's TVL?
Sierra Protocol currently has $46.44m in total value locked. TVL has increased 11.8% 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 $156,887 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $682,287.25 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 $4.363b across 560 protocols, and Sierra Protocol accounts for 1.1% of that total. Other leading protocols include Pendle, Spark, and Convex Finance.
