Steadefi (SDY)

Total Value Locked$1,157

TVL by Chain

Arbitrum$1,157

Avalanche$0

Protocol Information

Steadefi is an undercollateralized leveraged yield protocol that allows DeFi users to earn yield profitably in any market conditions. It provides automated risk and position management, along with various strategies for different market outlooks: delta long, neutral and short. Currently on Arbitrum and Avalanche with strategies to GMXv2 GM pools.

Category:Leveraged Farming

Audits:

Hacks

Date: Aug 8, 2023

Amount: $1.16m

Classification: Protocol Logic

Technique: Deployer Wallet Compromised

Chains: Ethereum

Target Type: DeFi Protocol

Source