SIR

Total Value Locked$88,661

TVL by Chain

Ethereum$76,324

Hyperliquid L1$12,336

Protocol Information

SIR is a decentralized trading protocol designed for leveraged positions with a focus on long-term investing. Key features include a one-time fee for opening positions (no recurring funding costs), no liquidations, and no volatility decay (returns aren't eroded by market fluctuations). By eliminating these traditional risks and costs, SIR offers a sustainable way to maintain leveraged exposure over extended periods, making it ideal for investors seeking leveraged assets without the stress of daily fees, margin calls, or compounding price instability.

Category:Derivatives

Audits:

Yields

Pools Tracked3

Average APY7.04%

View all Yields

Hacks

Date: Mar 30, 2025

Amount: $355,000

Classification: Protocol Logic

Technique: Transient storage collision

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Source