Ask about Siren
Logo of SirenSiren(SI)
Total Value Locked$316,107.61

TVL by Chain

Ethereum$287,188.52

Polygon$24,841.84

Arbitrum$4,077.25

Key Metrics

$SI Liquidity$22,650

SushiSwap$22,650

Total Raised$5.2m

Dec 1, 2020$1.2mRound: Seed

Mar 1, 2021$4mRound: SeedInvestors: 1kx, CMS Holdings, Edward Moncada, Jack Herrick, Mechanism Capital, Naval Ravikant, Robert Leshner, Rockaway Blockchain Fund, Santiago Roel Santos, Tarun Chitra, The Spartan Group

Protocol Information

Decentralized option markets on Ethereum.

Category:Options

Audits:

GitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Hacks

Date: Sep 3, 2021

Amount: $3.45m

Classification: Smart Contract Language

Technique: Reentrancy

Chains: Polygon

Language: Solidity

Target Type: DeFi Protocol

Competitors

SOFA.org ($729,241.9)Pods Finance ($388,684.79)Opium ($127,988.83)Hegic ($9.05m)Opyn Gamma ($836,337.9)Deri V4 ($6.32m)Panoptic V2 ($2.01m)Ribbon Earn ($837,830.02)GammaSwap Open Interest ($603,344.64)Premia V3 ($445,217.11)

Frequently Asked Questions

What is Siren?

Decentralized option markets on Ethereum.

What is Siren's TVL?

Siren currently has $316,107.61 in total value locked. TVL has increased 31.6% over the past 30 days.

What chains does Siren operate on?

Siren operates on 3 chains: Arbitrum, Polygon, and Ethereum. Ethereum holds the largest share at 90.9%.

How does Siren's TVL compare to similar protocols?

Among Options protocols tracked by DefiLlama, Siren ranks #13 by TVL. The category holds $26.84m across 59 protocols, and Siren accounts for 1.2% of that total. Other leading protocols include Hegic, Deri, and Panoptic protocol.

Has Siren ever been exploited?

Siren has 1 recorded security incident. The most recent incident occurred on Sep 3, 2021 and involved $3.45m. It was classified as Smart Contract Language.