Ask about Sommelier
Logo of SommelierSommelier(SOMM)
Total Value Locked$972,780

TVL by Chain

Ethereum$805,726

Arbitrum$140,924

OP Mainnet$26,131

Key Metrics

Fees (Annualized)$8,272
Fees 30d$678

Arbitrum$423

Ethereum$172

OP Mainnet$82

Fees 7d$118

Arbitrum$65

Ethereum$36

OP Mainnet$14

Fees 24h$17

Arbitrum$10

Ethereum$5

OP Mainnet$2

Cumulative Fees$2.09m

Ethereum$1.97m

OP Mainnet$76,487

Arbitrum$42,076

Revenue (Annualized)$7,540
Revenue 30d$618

Arbitrum$378

Ethereum$171

OP Mainnet$64

Revenue 7d$111

Arbitrum$58

Ethereum$35

OP Mainnet$14

Revenue 24h$16

Arbitrum$9

Ethereum$5

OP Mainnet$2

Cumulative Revenue$1.45m

Ethereum$1.34m

OP Mainnet$66,848

Arbitrum$37,315

Holders Revenue (Annualized)$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.

CategoryOnchain Capital Allocator

Audits:

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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 GitHub

Competitors

Spark Liquidity Layer ($2.737b)Veda ($1.022b)Lagoon ($130.61m)Mitosis ($1.47m)MaxShot ($259,357)Grove Finance ($2.57b)Concrete ($943.28m)Upshift ($282.41m)ether.fi Liquid ($239.89m)Mellow Core ($137.23m)