Sommelier is a cross-chain automated DeFi strategy execution platform, while Veda is a leading DeFi vault platform for cross-chain yield. Sommelier focuses on executing pre-defined strategies across multiple blockchains, whereas Veda aggregates yield opportunities into vaults. Sommelier suits users seeking automated, strategy-driven exposure, while Veda is ideal for those wanting a simple vault interface to access cross-chain yields.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | — | $1.23BDefiLlama |
| MCap Rank | #5385 | — |
| Total Raised | — | $21.2M |
| Founded | 2021 | — |
| Stage | — | — |
| X / Twitter | 44K | 33K |
| GitHub Stars | — | — |
| Chains | arbitrumbasecosmos | arbitrumbaseberachain |
| Tags | Layer1, Asset Management, DeFi | Asset Management, DeFi, DeFi |
Sommelier is a non-custodial, cross-chain platform that lets users deploy automated, actively-managed DeFi investment strategies through smart contracts called Cellars. It uses a Cosmos SDK blockchain for coordination and validators to execute strategies on Ethereum, Arbitrum, and Optimism, enabling sophisticated yield optimization without manual intervention.
Veda is a leading DeFi vault platform that enables crypto applications, asset issuers, and protocols to build consumer-grade cross-chain yield products. It powers major vault products like ether.fi Liquid, Lombard DeFi Vault, and Mantle cmETH, and recently helped Kraken's Bitcoin Vault surpass $300 million in deposits.