The protocol earns fees from deposits and withdrawals across its senior and junior tranches, which split yield from underlying strategies into risk-adjusted products.

Strata is a risk-tranching protocol on Ethereum that tokenizes yield strategies into senior and junior tranches. Senior tranches provide over-collateralized yield with downside protection, while junior tranches offer leveraged upside and serve as insurance for the senior tranche.

Strata was launched in October 2025 and is governed by a multisig structure with a 48-hour timelock.

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Strata

# Code commits Methodology

## Overview

Code commits measures the total number of commits made to the project’s public GitHub repositories. It reflects how actively the codebase is being updated.

Total commits made to the project's public repositories.

Strata

Code commits

Code commits

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