Wasabi Protocol is an onchain leverage trading and earn protocol that lets users long, short, swap, and earn across assets with up to 20x leverage. Wasabi Protocol's Twitter Score is 165 out of 1000 (an Excellent rating) as of August 2026, ranking #3,214 (top 1%) among 483,944 tracked accounts.
Wasabi Protocol describes itself as a leverage trading protocol for assets users cannot find elsewhere, with every leveraged position backed by the real underlying token rather than a synthetic contract. The protocol is built around three core components: a Prop AMM, a Margin Engine, and Multi-Asset Vaults. According to its documentation, users can long or short 700+ assets with up to 20x leverage, with every trade settling onchain using spot leverage contracts and onchain pricing.
Wasabi Protocol's Prop AMM is a proprietary automated market maker that actively quotes tight spreads onchain for supported markets, and is integrated with DEX aggregators including 0x, KyberSwap, and Base App. On the earn side, users can deposit tokens into vaults to earn interest from leveraged traders borrowing those assets; the protocol directs 90% of borrowing interest to depositors and retains a 10% performance fee on generated yield. Wasabi Protocol has contract deployments on Solana, Ethereum, Blast, Base, and Berachain, with over 200 individual vaults live across those chains.
Wasabi Protocol has completed audits from Zellic, Narya.ai, Foobar, and Sherlock across its options and perps systems. The protocol is backed by Electric Capital and Alliance. Wasabi Protocol has 35,749 followers as of August 2026 on X and has published 12,368 posts. Wasabi Protocol has been mentioned by 329 accounts a total of 1,002 times.
Who follows Wasabi Protocol on X?
The accounts that follow Wasabi Protocol include 461 founders, 110 angel investors, 411 influencers and 7 VCs. Among them are Solana, 6529, Threadguy, Loomdart, Santiago R Santos and Gmoney.