Total Value Locked$906,669.89
TVL by Chain
Ethereum$750,158.12
Arbitrum$132,132.58
OP Mainnet$24,379.2
Key Metrics
Fees (Annualized)$60,964.29
Fees 30d$249.29
Arbitrum$168.59
Ethereum$44.67
OP Mainnet$34.03
Fees 7d$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Fees 24h$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Cumulative Fees$2.09m
Ethereum$1.97m
OP Mainnet$76,630.03
Arbitrum$42,707.59
Revenue (Annualized)$44,331.75
Revenue 30d$230.75
Arbitrum$153.11
Ethereum$44.52
OP Mainnet$32.12
Revenue 7d$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Revenue 24h$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Cumulative Revenue$1.45m
Ethereum$1.34m
OP Mainnet$66,987.12
Arbitrum$37,887.11
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Holders Revenue 7d$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Holders Revenue 24h$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Cumulative Holders Revenue$0
Arbitrum$0
Ethereum$0
OP Mainnet$0
Total Raised$27.5m
Mar 10, 2021$3.5mRound: SeedInvestors: Alameda Research, Cygni Capital, Multicoin Capital, Standard Crypto
Apr 14, 2021$1mRound: GrantInvestors: The Graph Foundation
Oct 20, 2021$23mRound: Series AInvestors: Alameda Ventures, Byzantine Partners, D1 Ventures, Ferngrove Ventures, Ignite, Polychain, Secure Ventures, Zola Global Investors
Protocol Information
Provider of automated vaults that find best-in-class yields while mitigating risk.
Category:Onchain Capital Allocator
Audits:
Methodology
TVL: TVL is calculated as the sum of deposits invested into the strategy, deposits waiting to be invested, and yield waiting to be reinvested or redistributed across all Cellars.View code on GitHubFees: Total yield generated by Sommelier Cellars from deposited assets, calculated from daily share price growth across all vaults. Represents the total value created before any fees are extracted.View code on GitHubRevenue: Management fees (~1% annual on TVL) plus performance fees (~10-20% on profits above high-watermark) collected by Sommelier protocol. Estimated at ~5% of total yield. Fees are accrued via keeper system in FeesAndReserves contract.View code on GitHubHolders Revenue: No revenue share to SOMM token holders.View code on GitHubCompetitors
Frequently Asked Questions
What is Sommelier?
Provider of automated vaults that find best-in-class yields while mitigating risk.
What is Sommelier's TVL?
Sommelier currently has $906,669.89 in total value locked. TVL has increased 2.5% over the past 30 days.
What chains does Sommelier operate on?
Sommelier operates on 3 chains: Arbitrum, OP Mainnet, and Ethereum. Ethereum holds the largest share at 82.7%.
How much has Sommelier generated in fees and revenue?
Over the past 30 days, Sommelier generated $249.29 in fees. Of that, $230.75 was protocol revenue. Based on the trailing year, the annualized rate is $60,964.29 in fees and $44,331.75 in revenue.
How does Sommelier's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Sommelier ranks #33 by TVL. The category holds $8.092b across 74 protocols, and Sommelier accounts for <0.1% of that total. Other leading protocols include Grove Finance, Spark, and Veda.
