Ask about Sommelier
Logo of SommelierSommelier(SOMM)
Total Value Locked$873,702

TVL by Chain

Ethereum$732,201

Arbitrum$120,149

OP Mainnet$21,352

Key Metrics

Fees (Annualized)$162,829
Fees 30d$484

Arbitrum$279

Ethereum$139

OP Mainnet$63

Fees 7d$96

Arbitrum$59

Ethereum$25

OP Mainnet$14

Fees 24h$13

Arbitrum$7

Ethereum$3

OP Mainnet$2

Cumulative Fees$2.09m

Ethereum$1.97m

OP Mainnet$76,530

Arbitrum$42,269

Revenue (Annualized)$109,342
Revenue 30d$450

Arbitrum$256

Ethereum$135

OP Mainnet$59

Revenue 7d$88

Arbitrum$55

Ethereum$24

OP Mainnet$13

Revenue 24h$12

Arbitrum$7

Ethereum$3

OP Mainnet$2

Cumulative Revenue$1.45m

Ethereum$1.34m

OP Mainnet$66,889

Arbitrum$37,494

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 ($2.119b)Veda ($1.052b)Lagoon ($140.06m)Mitosis ($1.31m)MaxShot ($199,125)Grove Finance ($2.448b)Concrete ($798.6m)Upshift ($245.69m)ether.fi Liquid ($173.32m)Mellow Core ($103.03m)