Ask about Steer Protocol
Logo of Steer ProtocolSteer Protocol
Total Value Locked$16.96m

TVL by Chain

BSC$5.25m

Katana$3.96m

Flare$3.19m

Base$2.79m

Ethereum$1.08m

Polygon$210,604.21

Nibiru$118,178.6

Manta$113,903.96

Linea$109,513.84

Arbitrum$34,803.5

Avalanche$29,718.11

Metis$21,581.14

Mode$20,603.62

Hyperliquid L1$6,877.08

Bittensor EVM$4,576.82

Sonic$2,717.8

Zircuit$1,648.11

Sei$1,219.83

OP Mainnet$1,061.5

Celo$652.05

Scroll$627.48

Rootstock$249.46

Blast$141.78

Berachain$121.98

X Layer$81.28

Telos$50.67

Mantle$43.01

Filecoin$14.26

zkLink Nova$11.5

Fantom$10.87

Unichain$7.95

Moonbeam$3.2

ApeChain$0.19

Taiko$0.16

Evmos$0

ThunderCore$0

Polygon zkEVM$0

Saga$0

Kava$0

Astar$0

Hemi$0

Ronin$0

ZetaChain$0

Soneium$0

Key Metrics

Fees (Annualized)$881,258.31
Fees 30d$4,273

Base$2,906

Ethereum$1,056

Katana$300

Mode$12

Arbitrum$0

BSC$0

Hyperliquid L1$0

Linea$0

Manta$0

Metis$0

Polygon$0

Cumulative Fees$1.15m

Base$911,507

Ethereum$181,090

Katana$43,922

Mode$10,197

Flare$147

Hyperliquid L1$33

Avalanche$25

Linea$8

Arbitrum$0

BSC$0

Celo$0

Manta$0

Metis$0

Polygon$0

Revenue (Annualized)$87,765.14
Revenue 30d$428

Base$291

Ethereum$106

Katana$30

Mode$1

Arbitrum$0

BSC$0

Hyperliquid L1$0

Linea$0

Manta$0

Metis$0

Polygon$0

Cumulative Revenue$114,284

Base$91,073

Ethereum$18,034

Katana$4,233

Mode$923

Flare$14

Hyperliquid L1$3

Avalanche$2

Arbitrum$0

BSC$0

Celo$0

Linea$0

Manta$0

Metis$0

Polygon$0

Staked$4,776.03

Total Raised$1.5m

Apr 6, 2023$1.5mRound: SeedInvestors: Druid Ventures, Republic Capital, Big Brain Holdings, Alpha Crypto, BuidlHodl, Sushi, Middle Class Capital

Protocol Information

Steer is a decentralized compute protocol that provides a scaling solution for data processing through its robust off-chain infrastructure. Services are targeted at leveraging off-chain data for on-chain automation, such as automated liquidity management in DeFi.

Category:Liquidity Manager

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Includes swap fees earned by providing liquidity to various pools of different protocols.View code on GitHubRevenue: Part of swap fees collected as revenue for the protocol.View code on GitHub

Yields

Pools Tracked7

Average Supply APY7.18%

Competitors

Frequently Asked Questions

What is Steer Protocol?

Steer is a decentralized compute protocol that provides a scaling solution for data processing through its robust off-chain infrastructure. Services are targeted at leveraging off-chain data for on-chain automation, such as automated liquidity management in DeFi.

What is Steer Protocol's TVL?

Steer Protocol currently has $16.96m in total value locked. TVL has increased 3.3% over the past 30 days.

What chains does Steer Protocol operate on?

Steer Protocol operates on 44 chains: Evmos, ThunderCore, Polygon zkEVM, Saga, and Arbitrum and 39 others. BSC holds the largest share at 31%.

How much has Steer Protocol generated in fees and revenue?

Over the past 30 days, Steer Protocol generated $4,273 in fees. Of that, $428 was protocol revenue. Based on the trailing year, the annualized rate is $881,258.31 in fees and $87,765.14 in revenue.

How does Steer Protocol's TVL compare to similar protocols?

Among Liquidity Manager protocols tracked by DefiLlama, Steer Protocol ranks #5 by TVL. The category holds $270.66m across 59 protocols, and Steer Protocol accounts for 6.3% of that total. Other leading protocols include Kamino, Arrakis Finance, and Altura.

How many yield pools does Steer Protocol have?

DefiLlama tracks 7 Steer Protocol yield pools with an average APY of 7.2%.