Jupiter Vaults curators: who manages each vault

A curator is the manager of a vault. Curators are third-party firms: they design the strategy, run it day to day, and are solely responsible for it. Jupiter does not manage any vault strategy. At launch, vaults are run by Bitwise, RE7 Labs and Hivemind. See Available vaults for the list. Each vault shows its curator on the vault card and in the Curated By panel of the vault page, with a short presentation, the total held by its vaults (All Vaults), its Curating Since date, and links to its website and X account.

Curator responsibilities

Within the limits set by the vault smart contract, the curator chooses:

The strategy: which protocols the vault uses, which assets it lends against or holds, and how the funds are split between them and the USDC kept available for withdrawals
The fees: a yearly management fee, a performance fee, and the fee for instant withdrawals
The withdrawal terms: the waiting period of standard withdrawals, and whether instant withdrawals are available
The deposits: the deposit cap, and whether the vault takes new deposits
The content of the vault’s Risks section

Curators run most of this through automated keys with limited permissions, such as a key that only updates prices or a key that only processes withdrawal requests.

Limits on curators

These limits are enforced by the vault smart contract, not by a policy:

A curator cannot	What the smart contract enforces
Move funds to an outside wallet	Vault funds can only go to the user who withdraws or to the protocols integrated into the vault program. The curator’s own wallet never holds vault funds.
Use a protocol the vault program does not support	Adding a protocol requires an upgrade of the vault program itself.
Make you wait more than 30 days	The waiting period of standard withdrawals is capped at 30 days, and a change to it never applies to requests you already made.
Charge any fee it wants	The management fee is capped at 10% a year, the performance fee at 50% of gains above the high-water mark, and the instant withdrawal fee at 10%. See Fees.
Trade at any price	Every swap made by the vault must get a price close to independent oracle prices, and the total loss on swaps is capped per hour.
Trap your withdrawal with a pause	A curator can pause deposits, withdrawals or the strategy, but you can still cancel a pending withdrawal request and claim USDC already set aside for you.
Close a vault that still holds deposits	A vault can only be closed once every depositor has been paid out.

These limits protect against a curator moving funds away, not against a strategy losing money. A curator can still make poor investment decisions within the vault’s rules. See Risks.

Track curator activity

The Curator Activity section of each vault page lists the strategy actions recorded onchain:

Column	What it shows
Date	When the action was recorded
Type	The action: Deposit or Withdraw on a protocol, Create offer, Fill offer or Cancel offer, Repay loan or Claim loan, Open position or Adjust position, or Swap
Protocol	The protocol the action used
Transaction	A link to the transaction on a Solana explorer

The Allocation section shows where the vault’s funds are right now. See Vault allocation

Jupiter Vaults

Guides

How it works

Jupiter Vaults curators: who manages each vault

Curator responsibilities

Limits on curators

Track curator activity

​Curator responsibilities

​Limits on curators

​Track curator activity

Curator responsibilities

Limits on curators

Track curator activity