Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Falcon Finance Launches $10M Onchain Insurance Fund

29/08/2025

Celsius to Begin 3rd Distribution of $220.6 Million to Eligible Creditors 

29/08/2025

Court to Hear Fed Governor Lisa Cook’s Suit Against Trump on Friday

29/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    New Wallet Transfers $68.24M from FalconX

    29/08/2025

    Ethereum Whales Are Selling in August—Analyst Explains Why It’s Not Bearish

    29/08/2025

    James Wynn Opens 25x ETH Trade With 111 ETH After Return

    29/08/2025

    Bullish Bitcoin Driver Based on Ethereum Revealed by ‘$1 Million BTC’ Samson Mow

    29/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    27/08/2025

    Blue chip NFTs sink double digits as ETH retreats from record highs

    26/08/2025

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    26/08/2025

    What’s Behind the Double-Digit Declines?

    26/08/2025

    Falcon Finance Launches $10M Onchain Insurance Fund

    29/08/2025

    Celsius to Begin 3rd Distribution of $220.6 Million to Eligible Creditors 

    29/08/2025

    Court to Hear Fed Governor Lisa Cook’s Suit Against Trump on Friday

    29/08/2025

    Crucial Ethena ENA Deposit to Binance Sparks Market Interest

    29/08/2025
  • Blockchain

    MetaMask Guide: The Gateway to Web3

    29/08/2025

    Zoro Partners with Fireverse Ventures to Redefine AI-Powered Music in Web3

    29/08/2025

    Concordium Partners with Safle Wallet to Grow PayFi Ecosystem in Web3

    29/08/2025

    SocioAgent Integrates PAI3’s AI Compute Infrastructure to Power Transparent, People-Powered AI Agent Social Network

    29/08/2025

    Blockchain: The missing link in AI’s path to consciousness

    29/08/2025
  • DeFi

    Falcon Finance Launches $10M Onchain Insurance Fund

    29/08/2025

    Creditlink Joins WLFI to Build a Secure and Accessible DeFi Future

    29/08/2025

    Navi Protocol BTC Deposits Hit Astounding 2,200, Solidifying Sui’s DeFi Leadership

    29/08/2025

    Mantle Becomes Top DeFi Treasury with Over $4B in Assets

    29/08/2025

    Crypto loans skyrocket 42% as Tether dominates CeFi lending

    29/08/2025
  • Metaverse

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025
  • Regulation

    Celsius to Begin 3rd Distribution of $220.6 Million to Eligible Creditors 

    29/08/2025

    Coinbase Declares Stablecoins Superior—Faster, Cheaper, More Global Than Legacy Finance

    29/08/2025

    Publicly-Listed AMTD Group Wants Investors’ Crypto in Equity Swap Program

    29/08/2025

    Fed Chair Jerome Powell is in Charge of Bitcoin and Altcoins! So What Should We Expect in the Short Term?

    29/08/2025

    Expert Counters FUD About Tether With Evidence of U.S. Expansion and Strong Financial Ties

    29/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Crucial Ethena ENA Deposit to Binance Sparks Market Interest

    29/08/2025

    OKX Japan Receives Full FSA Approval, Ranks Top 3 in Country

    29/08/2025

    Bybit EU adopts Nasdaq’s surveillance platform to strengthen MiCAR compliance

    29/08/2025

    Unraveling the $400 Million Mystery

    29/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    29/08/2025

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    28/08/2025

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    28/08/2025

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    28/08/2025

    Bitcoin Miner IREN’s AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

    29/08/2025

    Hut 8 Maps ‘Path to Monetization’ of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

    28/08/2025

    Bitcoin Mining Earnings Dip as Hashprice Falls 7.61% in 30 Days

    28/08/2025

    TeraWulf’s Multi-Billion Dollar HPC Deal Backstopped by Google

    27/08/2025

    Court to Hear Fed Governor Lisa Cook’s Suit Against Trump on Friday

    29/08/2025

    Rethinking Financial Surveillance and Privacy in Crypto

    29/08/2025

    Unicoin says SEC distorted its filings in $100M fraud case

    29/08/2025

    Socios.com Secures Crucial European Regulatory Milestone

    29/08/2025

    Falcon Finance Launches $10M Onchain Insurance Fund

    29/08/2025

    Celsius to Begin 3rd Distribution of $220.6 Million to Eligible Creditors 

    29/08/2025

    Court to Hear Fed Governor Lisa Cook’s Suit Against Trump on Friday

    29/08/2025

    Crucial Ethena ENA Deposit to Binance Sparks Market Interest

    29/08/2025
  • MarketCap
NBTC News
Home»DeFi»Sommelier DeFi strategy vaults now live on Arbitrum
DeFi

Sommelier DeFi strategy vaults now live on Arbitrum

NBTCBy NBTC20/02/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Retail investors, priced out of Ethereum mainnet by high gas fees and shifting their attention to layer-2 rollups, now have a 1-click yield vault option on Arbitrum, courtesy Sommelier Finance.

The first foray into Arbitrum One will be Sommelier’s Real Yield ETH vault, which generates yield by providing liquidity and taking leveraged positions on staked ether (ETH).

The DeFi protocol, built as a Cosmos app-chain, was technically already multichain, given that its initial vaults — called “cellars” — are on Ethereum mainnet, while managed via the native app-chain. Since launching in April 2023, Sommelier has attracted around $60 million in deposits across a growing list of vault offerings.

The planned expansion to Arbitrum was announced in May 2023 and caps two years of research and development work, according to Sommelier co-founder Zaki Manian, which will grow to encompass more chains later this year.

“We’ve had to glue together, IBC, Axelar [general message passing], Chainlink [cross-chain interoperability protocol] all like working together in this machine,” Manian told Blockworks. “Ultimately, it will deliver this user experience where you can feel like you are being part of a native layer-2 experience, but it’s really getting you best-in-class yields from pretty much anywhere.”

Read more: DeFi Strategies Get a Multichain Boost From Sommelier and Axelar

The non-custodial vaults connect multiple DeFi protocols according to strategies designed by Seven Seas Capital, a team of 5 which spun out of Sommelier early in its development.

Seven Seas not only develops the vaults strategy but independently audits the protocols they select, in an effort to mitigate both financial and smart contract risks for end users, said CEO Sun Raghupathi.

“Arbitrum, from a DeFi economic risk perspective, it’s a little bit lower than doing things on other [layer-2s] because there’s more liquidity there,” Raghupathi told Blockworks.

The initial vault only uses ETH and Lido stETH, in Uniswap and Aave, which Raghupathi calls “as blue chip as you can get.”

“Obviously, there are riskier protocols on Arbitrum,” he said. “We are not touching those yet, but I think there is something to be said about the risk appetite being higher on L2s.”

Seven Seas’ team background is in data science, financial modeling, and smart contract development, and its vaults have appealed to DeFi protocols looking to attract TVL — particularly those specializing in the liquid stating ether and restaking using Eigenlayer.

When employing leverage, the team backtests strategies against the prior 6-12 month range of historical volatility and chooses parameters to keep the strategy safe. Through a combination of design and active management, they have successfully avoided losses during tumultuous periods such as the March 2023 USDC depeg and the July 2023 Curve exploit.

“I think it’s like been extremely validating for Sommelier as a system, because what we’ve been able to do as strategists is ingest, not just on-chain data, but even things like news events, sentiment from Twitter and stuff like that, and to get out from under these events before they happen,” Raghupathi said.

Manian thinks the infrastructure Sommelier has built is primed to expand the multichain future of Ethereum.

“We have this ability to have vaults that hold positions across multiple chains,” he said. “​​So what this ends up being is, we can now have these Arbitrum cellars, but they could hold positions on Base on Mantle, on kind of anywhere.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Falcon Finance Launches $10M Onchain Insurance Fund

29/08/2025

Creditlink Joins WLFI to Build a Secure and Accessible DeFi Future

29/08/2025

Navi Protocol BTC Deposits Hit Astounding 2,200, Solidifying Sui’s DeFi Leadership

29/08/2025

Mantle Becomes Top DeFi Treasury with Over $4B in Assets

29/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Falcon Finance Launches $10M Onchain Insurance Fund

29/08/2025

Celsius to Begin 3rd Distribution of $220.6 Million to Eligible Creditors 

29/08/2025

Court to Hear Fed Governor Lisa Cook’s Suit Against Trump on Friday

29/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.