Skip to main content

​
About Jupiter Vaults

The vault’s curator, a third-party firm shown on the vault page. Curators alone design and run the strategies. Jupiter provides the vault smart contract and the app, but does not manage any strategy. See Curators.
Earn on Jupiter Lend supplies your assets to Jupiter Lend’s lending pools, at a variable rate set by the market. Jupiter Vaults hands your USDC to a curator’s strategy, which can combine several protocols, lend against specific assets, or use leverage. The return depends on the curator’s decisions, and so do the risks.
Each vault takes one deposit asset, shown as Deposit under the vault name. At launch, every vault takes USDC. A vault can also hold other assets for its strategy, such as sUSDai or nOPAL, shown as Holds. See How to deposit.
No. Jupiter Vaults is only available on jup.ag, in a desktop or mobile browser.
During the private beta, wallets on the whitelist and JUP stakers. Some vaults are also unavailable in some regions, such as the Bitwise sUSDai Multiply Vault in the United States and its territories. See Access requirements
The app shows “Wallet not supported” when the connected wallet does not sign transactions directly. Jupiter Vaults does not support multisig and smart wallets: connect a regular Solana wallet to deposit.

​
Safety and risks

No. A vault can lose money, for example when a borrower defaults, an asset loses its peg or a leveraged position is liquidated. Jupiter does not cover losses. See Risks.
The vault smart contract only lets funds move to depositors who withdraw and to the protocols integrated into the vault program. A curator cannot send vault funds to its own wallet or to any other outside address. It can still lose money through its strategy. See Limits on curators
A curator can pause deposits, withdrawals or the strategy. Even when withdrawals are paused, you can still cancel a pending withdrawal request and claim USDC already set aside for you.

​
Yield and fees

No. The Target Net APY is the curator’s target, after fees. The 7-day APY and the Return tab of the vault chart show what the vault actually earned. See Target APY and measured performance
The vault is boosted: it receives incentives in addition to its strategy yield, added to the vault so that they raise the share price, and the APY shown includes them. Hover or tap the APY to see the strategy APY, the incentives APY and when the incentives end. See Boosted APY and incentives
Yield is built into the share price. Your number of shares stays the same, and each share is worth more as the strategy earns. See Shares and yield.
Each vault has its own fees. Both Jupiter and the curator can charge management and performance fees, and withdrawal fees can apply, depending on the vault. The smart contract caps the fees a curator sets. Select View fees in the deposit form to see a vault’s fees. See Fees.
Because of the entry cost: your deposit is valued conservatively so that new shares never dilute the depositors already in the vault. It is not a fee, and the difference stays in the vault. See Entry cost

​
Withdrawals

Instant withdrawals are paid from the USDC the vault can pay out now: its unused USDC and the USDC it holds in Earn on Jupiter Lend. The rest of the funds are at work in the strategy. Above the amount shown, use a standard withdrawal. See Instant withdrawal limit
The vault has set your USDC aside in escrow. It stays there until the unlock date shown on the request. Then the request shows Ready to claim: select Claim to receive it.
Yes, while it is Pending, or once the unlock date has passed if it is Partly filled. Once the vault has set all your USDC aside, the request can only be claimed. See Cancel a withdrawal request

​
Vault shares

Your vault shares: a token that represents your part of the vault. Keep it in your wallet. Burning it or sending it away gives up your claim on the vault. See Vault shares