Set Protocol

www.tokensets.com

Key Stats

Total Value Locked24H
in USD$232.5M-3.0%
in ETH66.1K ETH-3.6%
in BTC4K BTC-4.3%
ETH Locked7.1K ETH-223 ETH
% Supply Locked0.01%
BlockchainEthereum
Most Locked$uni
Protocol Token-

Total Value Locked (USD) in Set Protocol

  • TVL (USD)
  • ETH
  • BTC
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is Set Protocol?

Set Protocol is a non-custodial protocol built on Ethereum that allows for the creation, management, and trading of Sets, ERC20 tokens that represent a portfolio or basket of underlying assets. Each Set operates and periodically rebalances its portfolio according to a strategy coded into its smart contract. Set Protocol was announced in Nov. 2017, and its first user-facing application, TokenSets, launched in Apr. 2019. TokenSets currently supports DAI, ETH, WBTC, USDC, cUSDC, and LINK. TokenSets offer two types of sets: social trading sets with strategies executed by human traders and robo sets with hard-coded strategies including trend trading, range-bound, and buy and hold sets. Each Set has its own criteria for when to rebalance the weight of its portfolio of assets. When a Set's rebalancing criteria are met, a grace period starts that lets holders opt out prior to to rebalancing. After the grace period, transfer of the TokenSet is paused until the rebalance is completed via a modified dutch auction process. Set Protocol and TokenSets currently charge no fees and have no native token (aside from each TokenSets' ERC20 token). Set Protocol has undergone two independent audits from ChainSecurity and Trail of Bits.


How to use Set Protocol?

To get started, visit TokenSets where you can learn about each Set's strategy and performance and buy, sell, and track Sets. First, log in (with either a phone number or MetaMask), explore sets, and click 'Buy' on your desired Set page.

Founder Fireside Chat with Nour Haridy of Inverse Finance

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. This week in this installment in our Founder Fireside Chat series, we talked with Nour Haridy, Founder of Inverse Finance, about not …

2021-05-07Read more >

Founder Fireside Chat with Mervyn Chng of Unagii

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. This week in our Founder Fireside Chat series, we had the opportunity to chat with Mervyn Chng, Co-founder of Unagii, who’s team …

2021-04-02Read more >

Flexible Leverage Index is Live

The Flexible Leverage Index (FLI) lets you leverage a collateralized debt position in a safe and efficient way, by abstracting its management into a simple index, reproducible by a fully-collateralized ERC20 token built on Set Protocol. The Flexible Leverage Index (FLI, pronounced “fly”) lets you leverage a collateralized debt without having to manage a collateralized …

2021-03-17Read more >

Introducing Cryptodollars

From their inception, the coins or tokens pegged to the US Dollar, commonly referred to as stablecoins, provided a way for many users to exit positions without exiting crypto. One could make the case that the popularity of tokenized dollars in crypto was a necessary precursor to the DeFi ecosystem we know today. Their liquidity …

2021-02-23Read more >