Total Value Locked$1.26m
TVL by Chain
Base$825,513
Solana$397,765
Blast$27,293
Berachain$3,997
Ethereum$3,633
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
CategoryDerivatives
Audits:
Hacks
Date: Apr 30, 2026
Amount: $5.5m
Classification: Protocol Logic
Technique: Admin Key Compromised
Chains: Ethereum, Base, Berachain, Blast
Bridge Hack
Language: Solidity
Target Type: DeFi Protocol