Total Value Locked$852,896.54
TVL by Chain
Arbitrum$463,032.77
Ethereum$232,341.98
Base$157,521.79
Key Metrics
Fees 30d$6,737.57
Fees 30d by chain
Arbitrum$9,261.05
Base$2,760.08
Ethereum$1,040.92
Fees 7d-$381.07
Arbitrum$601.6
Base$575
Ethereum$210.77
Fees 24h$251
Arbitrum$149
Base$80
Ethereum$22.13
Cumulative Fees$60,109.82
Base$87,380.62
Arbitrum$44,936.83
Ethereum$1,111.3
Revenue 30d$1,130.73
Revenue 30d by chain
Arbitrum$1,364.78
Ethereum$114.44
Base$0
Revenue 7d$37.88
Arbitrum$112.02
Ethereum$22.85
Base$0
Revenue 24h$35.79
Arbitrum$34.47
Ethereum$1.32
Base$0
Cumulative Revenue$7,355.97
Arbitrum$7,822.99
Base$2,289.32
Ethereum$123.01
Protocol Information
Shift is a DeFi protocol offering a suite of yield products built on top of leading on-chain perpetual futures exchanges (Perp DEXs). Our mission is to make high-yield strategies available to anyone through transparent, on-chain vaults
Audits:
Methodology
TVL: TVL for v1 vaults is calculated by summing total supply of shares distributed to depositors and multiplied by their share price (comprehensive of profit and loss). v2 vaults are ERC-4626 compliant so they use totalAssets().View code on GitHubFees: All yields generated by Shift Protocol vaults from delta-neutral strategies, basis trading, and LP positions, plus performance fees and management fees.View code on GitHubRevenue: Performance fees (5-20%) on vault profits and management fees (0-2% annually) on AUM, all accruing to the protocol treasury.View code on GitHubCompetitors
Frequently Asked Questions
What is Shift Protocol's TVL?
Shift Protocol currently has $852,896.54 in total value locked. TVL has increased 18.9% over the past 30 days.
What chains does Shift Protocol operate on?
Shift Protocol operates on 3 chains: Ethereum, Base, and Arbitrum. Arbitrum holds the largest share at 54.3%.
How much has Shift Protocol generated in fees and revenue?
Over the past 30 days, Shift Protocol generated $6,737.57 in fees. Of that, $1,130.73 was protocol revenue. Based on the trailing year, the annualized rate is $61,893.68 in fees and $7,812.47 in revenue.
How does Shift Protocol's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Shift Protocol ranks #37 by TVL. The category holds $9.558b across 79 protocols, and Shift Protocol accounts for <0.1% of that total. Other leading protocols include Spark Liquidity Layer, Veda, Aera V3, Lagoon, Aera V2, D2 Finance, Spectra MetaVaults, Spectra MetaVaults Outside V2, MORE Vaults, and Mitosis.

