InformationTVLYields

Wasabi

Total Value Locked$29.9m

TVL by Chain

Ethereum$14.01m

Base$9.18m

Solana$3.69m

Blast$2.42m

Berachain$610,407

Protocol Information

Wasabi is a leverage trading protocol: Long, short, and earn on your favorite long tail assets such as memecoins and NFTs. Wasabi’s asset-backed perps keep the position value closely pegged to the underlying asset, reflecting the true price action on your PnL. It also generates additional downstream effects such as moving the spot price with leverage, listing pairs as soon as they launch, and generating low-risk yield opportunities through single sided staking

Category:Derivatives

Audits:

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Methodology

TVL: Counts the total value deposited in the vaults of the Wasabi protocol, including assets that have been loaned out to open long and short positions.View code on GitHub

Yields

Pools Tracked64

Average APY4.99%

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Competitors

Derive V2 ($96m)RabbitX ($3.19m)Synthetix V3 ($93.75m)Contango V2 ($40.29m)Aevo Perps ($32.35m)Jupiter Perpetual Exchange ($1.875b)Drift Trade ($1.045b)GMX V2 Perps ($581.12m)LuckyFuture ($52.79m)Extended ($52.08m)