Ask about Sherpa

Logo of SherpaSherpa

Total Value Locked$481,756

TVL by Chain

Ethereum$477,886

Base$3,764

Monad$106.06

Protocol Information

A managed multi-chain yield vault generating returns on USDC through delta-neutral strategies including positive carry capture, basis trading, volatility hedging, and other strategic arbitrage opportunities.

WebsiteGitHubX/Twitter
Category:Onchain Capital Allocator

Audits:

Methodology

TVL: TVL is calculated as the sum of totalStaked (USDC earning yield) and totalPending (USDC awaiting next round) in the SherpaVault contracts across all chains.View code on GitHub

Yields

Pools Tracked1

Average Supply APY8.7%

Competitors

Veda ($1.838b)Upshift ($401.59m)Lagoon ($155.24m)Ember Protocol ($122.32m)Fusion by IPOR ($75.76m)Spark Liquidity Layer ($2.659b)Grove Finance ($1.135b)Mellow Core ($259.13m)Aera V3 ($168.19m)Lombard Vaults ($75.24m)

Frequently Asked Questions

What is Sherpa's TVL?

Sherpa currently has $481,756 in total value locked. TVL has increased 0.1% over the past 30 days.

What chains does Sherpa operate on?

Sherpa operates on 3 chains: Ethereum, Base, and Monad. Ethereum holds the largest share at 99.2%.

How does Sherpa's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, Sherpa ranks #44 by TVL. The category holds $9.107b across 85 protocols, and Sherpa accounts for <0.1% of that total. Other leading protocols include Veda, Upshift, Lagoon, Ember Protocol, Fusion by IPOR, Spark Liquidity Layer, Grove Finance, Mellow Core, Aera V3, and Lombard Vaults.

How many yield pools does Sherpa have?

DefiLlama tracks 1 Sherpa yield pool with an average APY of 8.7%.