Total Value Locked$846,516.58
TVL by Chain
Arbitrum$462,373.18
Ethereum$227,068.1
Base$157,075.3
Key Metrics
Fees 30d$7,171.14
Fees 30d by chain
Arbitrum$9,427.83
Base$3,018.16
Ethereum$1,039.63
Fees 7d$1,002.35
Base$1,172.31
Arbitrum$962.38
Ethereum$165.6
Fees 24h$989
Base$524
Arbitrum$464
Ethereum$1
Cumulative Fees$61,582.41
Base$88,421.93
Arbitrum$45,852.61
Ethereum$1,106
Revenue 30d$1,166.5
Revenue 30d by chain
Arbitrum$1,422.1
Ethereum$116.82
Base$0
Revenue 7d$169.45
Arbitrum$191.75
Ethereum$22.08
Base$0
Revenue 24h$104
Arbitrum$105
Base$0
Ethereum$0
Cumulative Revenue$7,517.93
Arbitrum$8,021.19
Base$2,289.32
Ethereum$126.64
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 $846,516.58 in total value locked. TVL has increased 17% over the past 30 days.
What chains does Shift Protocol operate on?
Shift Protocol operates on 3 chains: Arbitrum, Ethereum, and Base. Arbitrum holds the largest share at 54.6%.
How much has Shift Protocol generated in fees and revenue?
Over the past 30 days, Shift Protocol generated $7,171.14 in fees. Of that, $1,166.5 was protocol revenue. Based on the trailing year, the annualized rate is $62,125.27 in fees and $7,843.72 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 $9.475b 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.

