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Steer Protocol
Steer Protocol

Steer Protocol

Liquidity manager

Steer Protocol Review

Steer Protocol is a decentralized computing platform designed to bridge off-chain data with on-chain applications. Launched in testnet in late 2022, the platform raised $1.5 million in seed funding in 2023 from investors like Druid Ventures, Republic Capital, and Big Brain Holdings. This support drives Steer Protocol's mission to simplify DeFi development with tools that include concentrated liquidity pools and incentivized vaults, as well as robust backtesting features. The platform supports multiple blockchains, including Polygon and Astar, allowing developers to refine strategies securely before going live. This approach aims to make liquidity management and DeFi development accessible and efficient for users and developers alike.

TVL
$10 337 729
Blockchain
N/A
Promo bonus
No bonus for now

Steer Protocol offers

Est. APY
2.69%
Status
Available
Term
Flexible
TVL$154 640
Blockchain
Polygon
Polygon
Est. APY
0.39%
Status
Available
Term
Flexible
TVL$40 635
Blockchain
Arbitrum
Arbitrum
Est. APY
1.75%
Status
Available
Term
Flexible
TVL$274 789
Blockchain
Polygon
Polygon
Est. APY
3.91%
Status
Available
Term
Flexible
TVL$457 950
Blockchain
Polygon
Polygon
Est. APY
3.6%
Status
Available
Term
Flexible
TVL$142 650
Blockchain
Arbitrum
Arbitrum
Est. APY
5.33%
Status
Available
Term
Flexible
TVL$48 363
Blockchain
Polygon
Polygon
Est. APY
0.36%
Status
Available
Term
Flexible
TVL$57 424
Blockchain
Polygon
Polygon
Est. APY
2.5%
Status
Available
Term
Flexible
TVL$48 308
Blockchain
Polygon
Polygon
Est. APY
1.07%
Status
Available
Term
Flexible
TVL$26 075
Blockchain
Arbitrum
Arbitrum

Crypto earn alerts on Steer Protocol

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Steer Protocol, 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 Steer Protocol.

Earning crypto on Steer Protocol

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 Steer Protocol. Check the table above for all the details.

Current TVL of the Steer Protocol protocol

The Steer Protocol protocol's Total Value Locked (TVL) is currently $10 337 729. 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 Steer Protocol is holding.

Steer Protocol protocol type

Steer Protocol is a Liquidity Manager in the DeFi space that simplifies and improves liquidity management across decentralized exchanges. It dynamically adjusts user positions in response to market changes, helping liquidity providers optimize their returns while minimizing risks like impermanent loss. This approach makes it easier for both experienced and new users to participate in DeFi while ensuring a steady liquidity flow for exchanges.

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