Overview
Mutual Fund Vaults are curator-managed pools that automatically deploy capital across yield strategies. Instead of managing your own positions, deposit into a vault and let experienced curators optimize returns.Think of it as: DeFi mutual funds. Professional management, transparent on-chain, and you can withdraw anytime.
Why Vaults?
The Challenge
Managing fixed-rate positions requires:- Monitoring multiple maturities
- Rebalancing across rates
- Optimizing rollover timing
- Tracking market conditions
The Solution
Professional Management
Curators with proven track records manage strategy
Automatic Rebalancing
Positions optimized continuously
Diversification
Exposure across multiple positions reduces risk
Liquid
Withdraw anytime (subject to vault liquidity)
How Vaults Work
1
Deposit
Deposit stablecoins into your chosen vault
2
Receive Shares
Get vault shares representing your proportional ownership
3
Curator Manages
Curator deploys capital according to vault strategy
4
Yields Accrue
Your share value increases as yields are earned
5
Withdraw
Redeem shares for your principal + returns
Vault Types
- Fixed Rate Focus
- Yield Optimized
- RWA Enhanced
Strategy: Pure fixed-rate lendingDeploys to Centuari fixed-rate positions only:
- Various maturities (30-180 days)
- Multiple stablecoins
- Auto-rollover enabled
Featured Vaults
View All Vaults
Browse and compare available vaults
Vault Mechanics
Share Pricing
Vault shares are priced based on total assets under management:Deposits
- No minimum: Deposit any amount
- Instant: Shares issued immediately
- Gasless: Protocol covers gas
Withdrawals
- Request: Initiate withdrawal request
- Queue: May enter queue if vault liquidity insufficient
- Receive: Funds sent when liquidity available
Fees
Fees are set by curators and disclosed upfront.
Curator Requirements
Anyone can become a curator, but successful vaults require:Track Record
Track Record
- Demonstrated DeFi experience
- Verified historical performance
- Community reputation
Skin in the Game
Skin in the Game
- Minimum curator deposit (typically 1-5% of vault)
- Aligns curator incentives with depositors
Strategy Documentation
Strategy Documentation
- Clear strategy description
- Risk parameters defined
- Rebalancing rules explained
Risk Disclosures
Comparing Vaults
When selecting a vault, consider:Performance Metrics
Risk Metrics
Curator Metrics
Example: Depositing to a Vault
Scenario: You have $50,000 USDC and want passive fixed-rate exposure.1
Research
Compare vaults:
- Steady Yield: 7.8% APY, pure fixed-rate, low risk
- Alpha Optimizer: 11.2% APY, multi-protocol, medium risk
2
Deposit
- Connect wallet
- Enter $50,000 USDC
- Review fees (1% management, 10% performance)
- Confirm deposit
3
Receive Shares
- Get 50,000 vault shares (at $1.00 each)
- Shares appear in your wallet
4
Monitor
- Check dashboard for share price updates
- View underlying positions
- Track vs benchmark
5
Withdraw (Later)
- After 6 months, share price is $1.039
- Your 50,000 shares worth $51,950
- Withdraw, receive USDC
FAQs
Can I lose money in a vault?
Can I lose money in a vault?
Yes, if underlying positions lose value or curator makes poor decisions. Choose vaults with conservative strategies and verified curators to minimize risk.
Can curators run away with my money?
Can curators run away with my money?
No. Vault smart contracts are non-custodial. Curators can only deploy within defined parameters, not withdraw user funds.
What if a vault strategy fails?
What if a vault strategy fails?
You bear losses proportional to your share. Diversifying across multiple vaults reduces single-strategy risk.
Are vault yields fixed or variable?
Are vault yields fixed or variable?
Depends on strategy. Fixed Rate Focus vaults earn mostly fixed yields. Yield Optimized vaults have variable components.
Vault Strategies
Learn about different vault strategies
Become a Curator
Create and manage your own vault