Real economy yield,
engineered into embedded earn products.

Set your collateral and duration requirements.
Tranche Vaults compose them from granular pools of real-economy credit, onchain, at every level of the stack.

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Find your vault

Share your mandate, collateral and duration requirements,
and discover the vaults that match, with indicative yield and allocation terms.

TRANCHED VAULTS

Configurable Vaults

Our Vault standard composes any level of subordination and builds out any maturity ladder from the same granular pool of real-economy credit. Every advance rate, reserve and trigger is enforced by code: the protection you underwrite is the protection you hold.

Reach out to explore live opportunities and find your ideal yield and duration match.

TRANCHED VAULTS

Term

Committed senior capital, locked to maturity. Pari passu with Turbo, cushioned by mezzanine and junior beneath. Built for liabilities with a known horizon.

TRANCHED VAULTS

Turbo

Same seniority, short duration. Exits queue first in, first out and are repaid at par from principal collections: no NAV, no oracle, no fire sale.

TRANCHED VAULTS

Mezzanine

Second loss, higher coupon. Absorbs losses only once the junior is exhausted.

TRANCHED VAULTS

Junior

First loss, aligned with the originator. Earns every unit of levered excess spread once the tranches above are paid.

For allocators and neobanks

Every new vault is published with its pool data, structure and allocation terms.
Allocators subscribe directly, in fiat or stablecoins, with onboarding and whitelisting handled by the transfer agent.
Neobanks and earn platforms plug composable vault tokens and live yield feeds straight into their product, with whitelisting enforced onchain.

Qualified investors only. Seniority is a position in the capital structure, not a guarantee. Indicative yields are not forecasts.

Find your vault

Share your mandate, collateral and duration requirements, and discover the vaults that match,
with indicative yield and allocation terms

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