Total Value Locked$696,563
TVL by Chain
Base$469,557
Solana$200,939
Blast$20,216
Berachain$3,206
Ethereum$2,645
Key Metrics
DEX Volume 30d$0
DEX Volume 30d by chain
Base$0
DEX Volume 7d$0
Base$0
DEX Volume 24h$0
Base$0
Cumulative DEX Volume$277.93m
Base$277.93m
Total Raised$3m
Jun 17, 2024$3mRound: SeedInvestors: Electric Capital, AllianceDAO, Luca Netz, Santiago Roel Santos, Zagabond, DCF God, Memeland, Spencer Ventures, Zhouxun Yin, Cygaar, Bob Loukas
Protocol Information
Wasabi is a leverage trading protocol: Long, short, and earn on your favorite long tail assets such as memecoins and NFTs. Wasabi’s asset-backed perps keep the position value closely pegged to the underlying asset, reflecting the true price action on your PnL. It also generates additional downstream effects such as moving the spot price with leverage, listing pairs as soon as they launch, and generating low-risk yield opportunities through single sided staking
- Wasabi PerpsDerivatives
- Wasabi Prop AMMDexs
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
User Activity
Active Addresses (24h)0
New Addresses (24h)0
Transactions (24h)0
Gas Used (24h)0 ETH
Gas Cost (24h)$0
Hacks
Date: Apr 30, 2026
Protocol: Wasabi Perps
Amount: $5.5m
Classification: Key Compromise
Technique: Deployer Key Compromised
Chains: Ethereum, Base, Berachain, Blast
Language: Solidity
Target Type: DeFi Protocol
Frequently Asked Questions
What is Wasabi?
Wasabi is a leverage trading protocol: Long, short, and earn on your favorite long tail assets such as memecoins and NFTs. Wasabi’s asset-backed perps keep the position value closely pegged to the underlying asset, reflecting the true price action on your PnL. It also generates additional downstream effects such as moving the spot price with leverage, listing pairs as soon as they launch, and generating low-risk yield opportunities through single sided staking
What is Wasabi's TVL?
Wasabi currently has $696,563 in total value locked. TVL has decreased 12.8% over the past 30 days.
What chains does Wasabi operate on?
Wasabi operates on 5 chains: Base, Solana, Blast, Berachain, and Ethereum. Base holds the largest share at 67.4%.
Which protocols are included in Wasabi?
Wasabi is a parent protocol whose tracked products include Wasabi Perps and Wasabi Prop AMM.
How much trading volume does Wasabi process?
Wasabi processed $0 in DEX volume over the past 30 days.
Has Wasabi ever been exploited?
Wasabi has 1 recorded security incident. The most recent incident occurred on Apr 30, 2026 and involved $5.5m. It was classified as Key Compromise.