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Sharpe Magnum (SHARPE)

Total Value Locked

Chain Breakdown
Ethereum	$1,823

	$36.6

Protocol Information

Sharpe Magnum is a leveraged staking layer built on top of Lido stETH. Magnum functions as a staking optimizer, enhancing the capital efficiency of staking pools by leveraging staked assets via lending protocols and flashloans while keeping the same underlying guarantees.

Category:Yield

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Methodology

TVL: counts the Eth amount of by substracting Supplied stEth amount of vault by borrowed Weth of vault

Fees: Yield

Revenue: Management + performance fees

TVL code Fees and Revenue code Volume code

Competitors

Pendle ($4.826b)Convex Finance ($1.154b)Aura ($400.18m)Equilibria ($307.14m)Elixir ($298.91m)Coinwind ($282.4m)Spectra V2 ($214.95m)StakeDAO ($141.97m)Lombard Vault ($121.92m)Ring Few ($117.54m)