Ask about Wasabi
Logo of WasabiWasabi
Total Value Locked$856,521

TVL by Chain

Base$504,424

Solana$325,369

Blast$19,309

Berachain$4,260

Ethereum$3,159

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

Category:Derivatives

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

Hacks

Date: Apr 30, 2026

Protocol: Wasabi Perps

Amount: $5.5m

Classification: Protocol Logic

Technique: Admin Key Compromised

Chains: Ethereum, Base, Berachain, Blast

Bridge Hack

Language: Solidity

Target Type: DeFi Protocol