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Sommelier
Sommelier

Sommelier

Yield Aggregator

Sommelier Review

Sommelier, launched in 2021, is a DeFi platform that helps users manage their assets with automated yield strategies across Ethereum-based networks. Co-founded by Zaki Manian, the project leverages the Cosmos SDK to enable scalable and seamless cross-chain liquidity management. It's backed by well-known investors like Alameda Research and Polychain Capital, making it a solid option for those interested in decentralized finance.

TVL
$56 494 118
Blockchain
N/A
Promo bonus
No bonus for now
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Sommelier offers

WBTC
Est. APY
2.36%
Status
Available
Term
Flexible
TVL$3 145 716
Blockchain
Ethereum
Ethereum
USDT
USDC
DAI
Est. APY
6.09%
Status
Available
Term
Flexible
TVL$741 817
Blockchain
Ethereum
Ethereum
STETH
RETH
+2
Est. APY
8.93%
Status
Available
Term
Flexible
TVL$23 260 520
Blockchain
Ethereum
Ethereum
STETH
WSTETH
WETH
Est. APY
6.97%
Status
Available
Term
Flexible
TVL$37 276 890
Blockchain
Ethereum
Ethereum
STETH
WSTETH
WETH
Est. APY
6.9%
Status
Available
Term
Flexible
TVL$3 634 357
Blockchain
Ethereum
Ethereum
WSTETH
WETH
ETHX
Est. APY
2.5%
Status
Available
Term
Flexible
TVL$39 379
Blockchain
Ethereum
Ethereum
WSTETH
RETH
+2
Est. APY
2.39%
Status
Available
Term
Flexible
TVL$1 675 641
Blockchain
Arbitrum
Arbitrum
WETH
SWETH
Est. APY
5.13%
Status
Available
Term
Flexible
TVL$76 226
Blockchain
Ethereum
Ethereum
WETH
RSETH
Est. APY
3.72%
Status
Available
Term
Flexible
TVL$195 256
Blockchain
Ethereum
Ethereum
WETH
EETH
Est. APY
5.26%
Status
Available
Term
Flexible
TVL$10 004
Blockchain
Ethereum
Ethereum
WSTETH
RETH
+2
Est. APY
7.52%
Status
Available
Term
Flexible
TVL$1 673 258
Blockchain
Optimism
Optimism
WETH
ezETH
Est. APY
1.97%
Status
Available
Term
Flexible
TVL$373 926
Blockchain
Ethereum
Ethereum
WETH
EETH
weETH
Est. APY
11.14%
Status
Available
Term
Flexible
TVL$164 575
Blockchain
Ethereum
Ethereum
USDT
USDC
+2
Est. APY
12.22%
Status
Available
Term
Flexible
TVL$329 262
Blockchain
Arbitrum
Arbitrum

Crypto earn alerts on Sommelier

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Sommelier, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Sommelier.

Earning crypto on Sommelier

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Sommelier. Check the table above for all the details.

Current TVL of the Sommelier protocol

The Sommelier protocol's Total Value Locked (TVL) is currently $56 494 118. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Sommelier is holding.

Sommelier protocol type

Sommelier is a yield aggregator in DeFi, designed to help users earn more from their crypto assets through automated strategies. By pooling funds, Sommelier places assets across different platforms to access higher yield opportunities. This process is managed with smart contracts, so users don’t have to constantly watch the markets, as Sommelier automation handles the optimization, aiming for the best returns based on current conditions.

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