DevnetFortunissimo Testnet·

The auto-yield vault

Deposit USDT once; the vault runs the yield strategies for you.

What it does

Two sources of yield

Rather than picking markets yourself, you deposit USDT and receive vault shares. A keeper puts that capital to work across every live market and rebalances as conditions change. Yield comes from two places, neither of which requires betting on a token going up.

Delta-neutral carry
60%
Lending
30%
Held idle
10%
Instant redemption
≤ 2% of assets
The main strategy

Delta-neutral carry, explained

The vault buys a token on the spot market and simultaneously opens a short of the same size on its perp market. If the token doubles, the spot position gains exactly what the short loses; if it halves, the reverse. Price exposure cancels out.

USDT Token Information only
Vault
pays USDT
Spot pool
Spot pool
receives tokens
Vault
Vault
margins a short
Perp market
Perp longs
funding
Vault (as short)

What remains is the funding stream. Leveraged traders who want long exposure pay to hold it, and the vault is on the other side collecting that payment while carrying no directional risk of its own.

Neutral is not risk-free
The strategy is exposed to funding turning negative, to liquidity drying up when unwinding, and to the perp and spot prices diverging while a position is open. Yield is real but varies, and can be close to zero when funding is flat.
Getting out

Redemptions

Small redemptions are paid instantly from the idle bucket. Larger ones are queued so the vault can unwind positions in an orderly way rather than dumping into thin markets — which would cost every remaining depositor.

Instant
≤ 2% of assets
Queued
24 hours
Emergency exit fee
5%

The emergency exit is always available at a 5% fee, which stays in the vault and accrues to the depositors who waited.