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All vaultsThis is my vault, register it
Due-diligence report: complete, dated, with a digest anybody can check
Taking money
—
Supplied
$201.9k
$14.7k lent out · 7% utilised
Return
0.5%
over its recorded history, partly reconstructed
Performance
Recent
0.1% · 0.1%
30d · 90d
Max drawdown
0.0%
peak to trough
Sortino
—
return per unit of downside risk
Volatility
0.1%
0.0% of it downside
The record behind these figures
History
258d
over 532 readings from one source. The record below is longer: 534 readings in total (482 watched, 52 reconstructed), and the metrics use one source family rather than mixing them.
Record begins
2026-08-12
began 2024-12-18, so 603 days of it are before anything here
Record rests on
Grade B
The whole record is grade B.
Confidence
71%
in these metrics
Six risks, read separately
The same six across every vault we scoreSix risks, read separately
Strategy risk band Low
SEVERE concentration risk on this vault, against an overall band of low.
How this is read
The band weighs them against everything else, which is why it can read better without being in conflict.
Due-diligence report
- Complete: the sections withheld online
- Issued: a digest anybody can check with us
- Dated: every figure with when it was read
- Portable: one file for a committee or a file
This vault's size is proved against its own contract
The contract holds 40,255.68 USDT, read from the chain by its token. At the price we publish that is $40.2k, against the $40.2k shown above.
How this is read
Only half of this is ours. The quantity comes from the contract and can be checked by anybody; the price comes from defillama:coins, so a wrong price would move both figures together and this would still agree.
Much of this vault is held by people who are also in others
80.1% of the capital we can attribute here, or $33.4k, belongs to 307 addresses that also hold an open vault elsewhere, the deepest of them in 115. They can leave all of them on the same morning.
How this is read
The concentration figure further down is about this vault alone and cannot see this. Dollars are each holder’s share of supply times the vault’s size, so this inherits both readings.
How much could leave, by amount
Your position
Pick or type an amount to weigh it against both: what the venue says could leave now, and the largest single withdrawal anybody has made here.
The ring marks the largest single withdrawal in the last 30 days, $1.4k.
How you get outNo notice periodread 2026-10-28
The contract imposes NO notice period: a redeem settles in the transaction that asks for it.
How this is read
That is not a promise of an instant exit — it is still subject to the vault having the money, which is the liquidity reading and a separate question — but there is no queue, no request step and no lock-up in the contract.
Value and drawdown
This chart shows the last 30 days of a 74 day record; the whole-record figures on this page are measured over all of it, and the 30, 90 and 365-day figures over their own windows, dated below. The rest is the Analyst tierRange
Hover for values. Upper: vault value, with BTC indexed to the same starting capital. Lower: how far below its own peak it was.
Where the supplied capital is
$187,194 of this vault's $201,889 is not lent to a borrower, which is within the books as they stand. The two figures were read 18 minutes apart, not together, which is enough on its own to move a figure this size.
What is lent out, and what is free
72 days read, one a day, from the vault’s own figures.Lent outFree cash
Range
The two bands add up to what depositors supplied.
How this is read
Free cash is what is not lent; what the contract will actually pay out can be less, and the evidence below says which of the two we read for this vault.
Range
Past about ninety-five per cent the percentage stops being the useful number and the dollars beside it take over: a vault can be 99% utilised with a hundred million free, and 99% utilised with a thousand.
The rate, and the seven things that qualify it
A quoted rate is one input, not a verdict.
- Current quoted rate
- The venue publishes no rate for this vault.
- Rewards inside that rate
- No reward rate is published, so we cannot say whether the quote includes one.
- Realised return
- 0.7%over 30 days
- Fee basis
- Inside the share price
- Withdrawable now
- $187.2k93% of the vault
- History quality
- 159readings
- What it depends on
- 14risk score
How these are read
Share price and yield
Realised yield is the share price's own 30-day return, annualised, with no smoothing.Range
What one share is worth, in USDT.
How this is read
It moves only when the strategy earns or loses; deposits do not move it.
Range
What a holder got.
How this is read
The advertised rate is being kept from 18 Sep 2026 and joins this chart as it accrues (0 days held).
If you had deposited
$10.0k would be $10.0k , a gain of $10.81, 0.1% over 90 days.
How this is read
Computed from the price of one share, so another depositor arriving is never counted as this strategy’s performance. Fees the venue charges inside the share price are included; anything charged outside it is not. It says what this vault did between two dates and nothing whatever about what it will do next.
No strategy has been declared for this vault
Everything above is reconstructed from public data. A declaration is free, signed from this vault’s own key, and cannot be edited afterwards.Note 28
Evidence
What a risk decision about this vault can rest on
Six questions, and what we hold for each. 1 of 6 is not measured for this vault.
| Source mark | Question | What we hold | Source |
|---|---|---|---|
| What does it hold or lend into? | 2 collaterals read, $42.1k suppliedRead from the vault’s own holdings. Concentration and the assets themselves are below. | Measured | |
| How much could leave now? | $187.2kWhat the contract will pay out now, read from it. Not the same as what is idle. | Measured | |
| Who runs it, and what else have they run? | 0x060d…fea3A named operator with a record across every vault they run, including the ones that closed. | Measured | |
Passport
Identity
What it is lent against
- USDC
- $29.7k71%
- RLUSD
- $12.4k29%
Attributed collateral only.
How this is read
A vault accepting many collaterals at once reports less here than it holds, so this is what we can attribute rather than everything it is lent against.
What the manager moved
read 28 October 2026, over 30 daysRead over 30 days and no asset movement could be attributed to the manager. That is a reading, not an absence of one, every transfer in the window travelled with a deposit or a withdrawal.
Who is in it, and what moved in and out
Ledger read 3 hours agoAnalyst tier
Who is in this vault, and what moved in and out
Locked here: every depositor we read with their share of the vault, the largest single wallet, and the ledger of each deposit and withdrawal. A vault that is eighty per cent one depositor is a vault whose price can be reset by a single withdrawal, and whose headline TVL says almost nothing about whether anyone else believes in it.
See what unlocksAlready a customer? Sign inWhat is still missing
What this page cannot show yet, and why.
What they are
- Operator cohort. We show what the venue still exposes; strategies deleted before we began observing are invisible, and only pre-registration can make a cohort provably complete.
- Gross-to-net waterfall. Returns are venue-reported and not yet decomposed into fees, funding and slippage.
- Off-chain exposure. Anything held on a centralised exchange is invisible to us, so the risk shown is a floor.