Ask about Sierra Protocol

Logo of Sierra ProtocolSierra Protocol(SIERRA)

Total Value Locked$43.98m

TVL by Chain

Avalanche$27.55m

Ethereum$10.42m

Plume Mainnet$6m

Key Metrics

Fees 30d$3,919
Fees 30d by chain

Avalanche$3,919

Fees 7d$1,181

Avalanche$1,181

Fees 24h$170

Avalanche$170

Cumulative Fees$584,942

Avalanche$608,331

Revenue 30d$0
Revenue 30d by chain

Avalanche$0

Revenue 7d$0

Avalanche$0

Revenue 24h$0

Avalanche$0

Cumulative Revenue$0

Avalanche$0

Market Cap$0

$SIERRA Price$1.04

All Time High$1.20

All Time Low$0.99

View $SIERRA token page

$71.17m

$SIERRA Volume 24h$7.33

CEX Volume$0

DEX Volume$687.79(9,383.22% of total)

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

WebsiteX/Twitter
Category:Yield

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 GitHub

Competitors

Spark Savings ($1.489b)Pendle V2 ($1.207b)Stake DAO Yield ($147.17m)Spectra V2 ($22.63m)Royco V2 ($19.46m)Aura ($10.27m)Sushi BentoBox ($2.54m)Gro ($1.78m)TermFinance Vaults ($1.64m)Royco V1 ($1.54m)

Frequently Asked Questions

What is Sierra Protocol's TVL?

Sierra Protocol currently has $43.98m in total value locked. TVL has increased 48.7% over the past 30 days.

What chains does Sierra Protocol operate on?

Sierra Protocol operates on 3 chains: Avalanche, Ethereum, and Plume Mainnet. Avalanche holds the largest share at 62.7%.

How much has Sierra Protocol generated in fees and revenue?

Over the past 30 days, Sierra Protocol generated $3,919 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $596,206 in fees.

What is the SIERRA token price and valuation?

SIERRA is currently trading at $1.04. Its circulating market capitalization is $0, ranking it #19,123. Its fully diluted valuation is $71.17m. Supply currently stands at 0 circulating, 68.56m total supply.

How has SIERRA performed recently?

SIERRA is down <0.1% over the past 7 days and up 0.4% over the past 30 days. Its all-time high is $1.20, reached on Nov 13, 2025. The token is currently 13.5% below that level.

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 $4.744b across 574 protocols, and Sierra Protocol accounts for 0.9% 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.