Beta. New contracts are unaudited. Caps apply.

Vaults

Where a market earns yield Testnet

Every yield venue Peridot knows about, and a vault factory: design your own Aquarius ladder vault (or another strategy), tune it, and deploy it from this page. Blend and DeFindex markets are live. Zenex vaults are customizable here (testnet runs against a mock Zenex); XOXNO is listed so you can see what is planned.

Yield venues

Pick one per market when you launch a group. Locked venues cannot be submitted.

Keep in PeridotTestnetNo external venueFunds stay in the market. Suppliers earn only borrower interest.
Blend fee vaultTestnetBoosted lending yieldIdle liquidity is lent in a Blend pool through an allowlisted fee vault. Blend pool risk applies.
DeFindex vaultTestnetManaged strategy vaultIdle liquidity goes to an allowlisted DeFindex vault that runs Blend autocompound strategies.
Aquarius LP vaultDemo flowConcentrated liquidity plus AQUA rewardsIdle liquidity becomes a concentrated Aquarius position that earns swap fees and AQUA. Impermanent loss is possible. The factory cannot deploy this route yet: the creation flow here is a demo.Demo flow only. Nothing is deployed on chain from this app yet.Try the Aquarius vault demo
XOXNO LendingTestnet, customizableHub and spoke lendingA per-owner vault that supplies one asset to XOXNO Lending (real XOXNO controller, supply only) with its own cap, minimum deposit and performance fee. Created from the Create vault form on /vaults; Peridot markets cannot route to it yet. Testnet only: nothing on mainnet.Pick XOXNO in Create a vault below. Testnet only, not yet selectable as a market route.
Zenex perps vaultTestnet, customizableEarn perpetual futures feesCreate your own Zenex vault on the Vaults page (limits, buffer, keeper, cap). It keeps a liquid buffer and parks the rest in a Zenex strategy vault, which earns perps fees. Vault shares can lose value and Zenex exits take at least one hour. Testnet runs against a mock Zenex because Zenex has no testnet; the real protocol is mainnet only. Attach a created vault to a market through the DeFindex route (admin allow-list).Create a Zenex vault

Aquarius pools with USDC

Read only. The LP vault needs a concentrated liquidity pool, so only those can get a vault.

Create a vault

Pick a strategy, tune it, and the factory deploys your own vault contract. You own its settings; nobody can take depositors' funds.

Deposit one token; the vault splits it into a ladder of adjacent Aquarius concentrated-liquidity ranges around the current price, earning swap fees and AQUA. A keeper recentres the ladder when the price drifts. Depositors can always leave, in kind if the pool is stressed.

Pool
Controls settings and pausing. Cannot withdraw other people's funds.
A concentrated-liquidity pool. Pick one of the listed pools or paste a pool contract address; the vault checks it on creation.
The token depositors put in and take out. Must be one of the pool's two tokens.
Operations
The one address (besides you) allowed to rebalance. A keeper cannot move funds out of the vault.
The keeper may rebuild the ladder once the price is this many spacings from the ladder centre.
Minimum time between rebalances. Short cooldowns follow the price closely and pay more swap fees.
Ladder
How many adjacent price ranges (a "ladder" of positions). More rungs spread risk but cost more gas per rebalance.
Width of each range in tick spacings of the pool (one spacing is 0.2% to 2% of price depending on the pool fee). Narrow earns more per dollar while in range.
Distance between rung starts, in tick spacings. Equal to the width makes touching ranges; smaller overlaps them; larger leaves gaps.
Most capital in the middle rungs, closest to the price.How capital is split across the rungs.
Safety
Share of earned fees paid to the owner as vault shares. Hard maximum 20%.
Total deposits the vault accepts, in the deposit token. Keep it small while the vault is new.
Rebalance and exit swaps revert if they would lose more than this versus the pool price. Between 0.5% and 5% (pool fees alone cost about 0.15% of a rebalance).

Ladder preview

price
  • Rung 1-3.0% to -1.8%11.1%
  • Rung 2-1.8% to -0.6%22.2%
  • Rung 3-0.6% to +0.6%33.3%
  • Rung 40.6% to +1.8%22.2%
  • Rung 51.8% to +3.0%11.1%
5 rungs from -3.0% to +3.0% around today's price (tick spacing 60).

Summary

Fix the highlighted fields to see the summary.

Risks of this strategy
  • Impermanent loss: a ladder holds more of the falling token. A volatile pair can lose value against simply holding.
  • Rebalancing swaps pay pool fees and can lose to price moves between ledgers; the vault caps slippage.
  • Vault value is marked at the pool price, so a manipulated pool price affects share price. Deposit caps limit exposure.
Connect a wallet to create a vault.

My vaults

Vaults you created through the vault factory.

Connect a wallet

Choose a Stellar wallet. You approve every transaction in the wallet itself.

Peridot never holds your keys. Popup wallets open in a new window; extensions answer in the browser.