Shift Protocol
Total Value Locked$669,933
TVL by Chain
Arbitrum$409,773
Ethereum$172,940
Base$87,220
Key Metrics
Fees 30d$7,948
Fees 30d by chain
Arbitrum$6,776
Base$3,072
Ethereum$1,485
Fees 7d$1,175
Arbitrum$937.92
Ethereum$250.12
Base$236.35
Fees 24h$460
Arbitrum$357
Base$94.25
Ethereum$9
Cumulative Fees$68,040
Base$89,957
Arbitrum$51,560
Ethereum$2,445
Revenue 30d$1,237
Revenue 30d by chain
Arbitrum$1,337
Ethereum$175.40
Base$0
Revenue 7d$183.15
Arbitrum$161.39
Ethereum$26.74
Base$0
Revenue 24h$52.88
Arbitrum$50.94
Ethereum$1.94
Base$0
Cumulative Revenue$8,543
Arbitrum$9,121
Base$2,289
Ethereum$282.92
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 $669,933 in total value locked. TVL has decreased 22.5% 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 61.2%.
How much has Shift Protocol generated in fees and revenue?
Over the past 30 days, Shift Protocol generated $7,948 in fees. Of that, $1,237 was protocol revenue. Based on the trailing year, the annualized rate is $67,530 in fees and $8,488 in revenue.
How does Shift Protocol's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Shift Protocol ranks #41 by TVL. The category holds $9.133b across 85 protocols, and Shift Protocol accounts for <0.1% of that total. Other leading protocols include Spark Liquidity Layer, Veda, Aera V3, Lagoon, Fusion by IPOR, Aera V2, D2 Finance, Spectra MetaVaults, Spectra MetaVaults Outside V2, and Mitosis.

