
Sherpa
Sherpa is a delta-neutral USDC yield vault that issues shUSD shares routed through quant strategies managed by Hedgemony.

What is Sherpa?
Sherpa is a multi-chain yield vault on Ethereum, Base, and Monad that turns USDC deposits into shUSD, an interest-bearing share token. Capital is allocated to delta-neutral strategies — basis trades, funding-rate arbitrage, and volatility hedging — managed by Hedgemony, a quant fund that uses machine-learning models to rebalance between cycles. Returns auto-compound into shUSD with no manual claims required.
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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.

