Ask about Sommelier
Logo of SommelierSommelier(SOMM)
Total Value Locked$904,428

TVL by Chain

Ethereum$755,617

Arbitrum$126,125

OP Mainnet$22,687

Key Metrics

Fees (Annualized)$6,783
Fees 30d$556

Arbitrum$323

Ethereum$158

OP Mainnet$71

Fees 7d$118

Arbitrum$69

Ethereum$33

OP Mainnet$14

Fees 24h$16

Arbitrum$9

Ethereum$4

OP Mainnet$2

Cumulative Fees$2.09m

Ethereum$1.97m

OP Mainnet$76,512

Arbitrum$42,195

Revenue (Annualized)$6,271
Revenue 30d$514

Arbitrum$293

Ethereum$156

OP Mainnet$60

Revenue 7d$109

Arbitrum$64

Ethereum$32

OP Mainnet$14

Revenue 24h$14

Arbitrum$8

Ethereum$4

OP Mainnet$2

Cumulative Revenue$1.45m

Ethereum$1.34m

OP Mainnet$66,872

Arbitrum$37,424

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:

WebsiteTwitter

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 ($2.328b)Veda ($1.036b)Lagoon ($136.07m)Mitosis ($1.39m)MaxShot ($305,401)Grove Finance ($2.476b)Concrete ($850.18m)Upshift ($279.44m)ether.fi Liquid ($197.85m)Mellow Core ($119.83m)