Earn yield. Back LPs.
Deposit USDC into the underwriting vaults. Premium income from protected LPs flows to you. Choose your risk level.
Deposit into Senior Tranche
Amount (USDC)Balance: —
How Senior Tranche works
1
You deposit USDC into the Senior vault
2
You earn 70% of all premium income from protected LPs
3
Your capital is only at risk if Junior is fully wiped out
4
Withdraw anytime after the lock period (or emergency withdraw at 5% penalty)
Risk & Return
Premium share70%
Target APY8–12%
Risk levelLow
Lock period14 days (testnet: 10 blocks (~2 min))
Emergency withdrawAvailable anytime (5% penalty)
Only absorbs losses after Junior is fully depleted. Premium income provides steady yield.
Estimated returns on $10,000
| Period | Low (8%) | High (12%) |
|---|---|---|
| 30 days | +$65.75 | +$98.63 |
| 90 days | +$197.26 | +$295.89 |
| 1 year | +$800 | +$1,200 |
Returns depend on premium volume and claim frequency. Past performance is not indicative of future results.
Vault metrics
Total value locked$0
Your deposits—
Your share—