
SIR
SIR is an Ethereum protocol for leveraged tokens with no liquidations, no funding rates, and a one-time minting cost.

What is SIR?
SIR is a derivatives protocol on Ethereum that issues APE leveraged tokens designed to deliver convex payoffs without liquidations or ongoing funding fees. Users mint a leveraged token by paying a single fee upfront, hold it as long as they like, and burn it to exit; liquidity providers ('gentlemen') sit on the other side and earn fees plus SIR rewards. Pricing comes from Uniswap V3 oracles and the core vault, oracle, and token contracts are immutable.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

