Deposit USDG
The router swaps half into the Stock Token and joins the pool in one transaction. Leftovers return to your wallet.
Vesica vaults · Managed liquidity · ERC-4626
Vaults for
Vaults for
tokenized stocks.
Deposit USDG and the vault does the rest: one concentrated position per USDG / Stock Token pool, kept centred on the Chainlink price, with the trading fees compounding inside the vault instead of landing in your wallet.
Shares are not principal-protected. Their value moves with the Stock Token price and with the fees the position earns.
Your positions
Demo clock · one second here is one hour in the vault
No vault matches that. Clear the search or pick another filter.
Fee APR is measured over the last 24 hours of trading in the pool and annualised. It is an observation of what already happened, not a rate the vault promises.
[ Vaults ]
How Vesica vaults earn
Each vault holds one concentrated liquidity position for a single USDG / Stock Token pool, keeps it centred on the Chainlink price, and lets the trading fees compound inside the vault.
How it works
The keeper holds the range
Liquidity stays concentrated around the oracle price; out of range, a rebalance is queued and checked against fresh feeds.
Fees are claimed and split
70% compounds into the position, 20% is reserved to buy back and burn the Vesica token and 10% goes to the protocol treasury.
02 — Fees
Where the
Where the
fees land
Every fee the position earns is split the same way, on every collection.
- 70% compounds back into the position — this is the part that lifts the share price.
- 20% buys back VESICA on the open market and burns it.
- 10% goes to the protocol treasury: audits, oracles, keepers.
There is no deposit fee, no management fee and no lock-up. The only cost of leaving is the gas and the pool's own swap fee on the way out.
Protected by default.
Oracle checks, caps and a guardian pause on every product. Built for people who read the contracts.
Chainlink oracle checks
Price and sequencer feeds must be fresh before any rebalance or borrow.
Caps and a guardian pause
Vaults, markets and strategies are each capped, pausable and separately auditable.
Verified onchain
Every contract is verified on Blockscout against the reviewed deployment.
Robinhood ChainAn Arbitrum-stack L2 where the canonical Stock Tokens and USDG settle.
Uniswap poolsV3 and V4 pools hold each vault's concentrated position.
Chainlink feedsPrice and sequencer feeds gate every rebalance, deposit and borrow.
USDGEvery vault and market is denominated in the Global Dollar.
Strategies
Two managed strategies, a basket of the highest-earning vaults and a delta-neutral position, are in review and take no deposits yet.
Preview strategies
04 — Questions
Before you
Before you
deposit
The five that matter most.
Is my principal protected?
No. A vault share is a claim on a liquidity position, so its value moves with the Stock Token price and with the fees the position earns. If the stock falls, the share falls with it — the fees soften that, they do not cancel it.
What does “in range” mean on a row?
That the oracle price is inside the band where the vault's liquidity sits, which is the only state in which the position earns fees. “Rebalancing” means the price has walked out and a re-centre is queued behind a fresh-feed check.
When can I withdraw?
Any block. Redeeming burns your shares, pulls your slice of the position and returns USDG. Redemptions are deliberately the last thing a pause or a stale feed touches.
Why does the APR keep moving?
Because it is a 24-hour observation, annualised. It follows how much was actually traded in that pool yesterday, and a quiet day drops it as fast as a busy one lifts it.
What am I depositing, exactly?
USDG, and only USDG. The router handles the swap into the Stock Token and the join in one transaction, and returns the dust.
05 — Addresses
The contracts
The contracts
behind all this
Core deployments. Per-vault addresses sit inside each row of the list.
Pick a vault and start with one deposit.
Ten pools live, one asset to bring, no lock-up on the way out.