Ask about Sierra Protocol
Total Value Locked$47.82m
TVL by Chain
Avalanche$31.33m
Ethereum$10.52m
Plume Mainnet$5.98m
Key Metrics
Fees 30d$32,350.43
Fees 30d by chain
Avalanche$32,350.43
Fees 7d$301.32
Avalanche$301.32
Fees 24h$0
Avalanche$0
Cumulative Fees$580,852.69
Avalanche$604,241.69
Revenue 30d$0
Revenue 30d by chain
Avalanche$0
Revenue 7d$0
Avalanche$0
Revenue 24h$0
Avalanche$0
Cumulative Revenue$0
Avalanche$0
Protocol Information
The Sierra Protocol reimagines money by issuing SIERRA, a Liquid Yield Token (LYT) built to deliver the best user experience across CeFi and DeFi
Audits:
Methodology
TVL: TVL includes USDC held in the reserve wallets and assets staked in OpenTrade vaults backing SIERRA tokens, summed across all supported chains.View code on GitHubFees: Total yield distributed to SIERRA holders, measured as total supply × change in exchange rate.View code on GitHubRevenue: Sierra Protocol does not currently retain any protocol revenue, all yield passes through to holders.View code on GitHubCompetitors
Frequently Asked Questions
What is Sierra Protocol's TVL?
Sierra Protocol currently has $47.82m in total value locked. TVL has increased 3.1% over the past 30 days.
What chains does Sierra Protocol operate on?
Sierra Protocol operates on 3 chains: Ethereum, Plume Mainnet, and Avalanche. Avalanche holds the largest share at 65.5%.
How much has Sierra Protocol generated in fees and revenue?
Over the past 30 days, Sierra Protocol generated $32,350.43 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $640,517.32 in fees.
How does Sierra Protocol's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Sierra Protocol ranks #14 by TVL. The category holds $4.588b across 585 protocols, and Sierra Protocol accounts for 1% of that total. Other leading protocols include Spark Savings, Pendle V2, Stake DAO Yield, Spectra V2, Royco V2, Aura, Sushi BentoBox, Gro, TermFinance Vaults, and Royco V1.