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:
Hacks
Date: Mar 30, 2025
Amount: $355,000
Classification: Protocol Logic
Technique: Transient storage collision
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Source