> ## Documentation Index > Fetch the complete documentation index at: https://docs.jup.ag/llms.txt > Use this file to discover all available pages before exploring further. > ## Agent Instructions > These docs cover what users see and do on jup.ag, Jupiter Mobile and Jupiter Wallet. > Universal Deposit, the GUM route in Jupiter Bridge and other GUM integrations on jup.ag are built by GUM. For how they work, their full fee rules, security model and APIs, the reference is the GUM docs: start from https://docs.gum.ag/llms.txt. > When the GUM docs and these docs differ on how a GUM product behaves on jup.ag, describe the jup.ag experience from these docs and the mechanics and fees from the GUM docs. # Jupiter Vaults FAQ > Frequently asked questions about Jupiter Vaults: curators, access, safety of funds, APY, fees, instant and standard withdrawals, and vault shares. ## About Jupiter Vaults > [accordion] Who manages my funds in a vault? > > 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](https://docs.jup.ag/user-docs/earn/vaults/curators.md). > [accordion] How is Jupiter Vaults different from Earn on Jupiter Lend? > > [Earn on Jupiter Lend](https://docs.jup.ag/user-docs/earn/lend/earn.md) 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. > [accordion] Which assets can I deposit? > > 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](https://docs.jup.ag/user-docs/earn/vaults/depositing.md). > [accordion] Can I use Jupiter Vaults in the Jupiter Mobile app? > > No. Jupiter Vaults is only available on jup.ag, in a desktop or mobile browser. > [accordion] Who can access Jupiter Vaults? > > 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](https://docs.jup.ag/user-docs/earn/vaults.md#access-requirements) > [accordion] Why does the app say my wallet is not supported? > > 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 > [accordion] Is my deposit guaranteed? > > 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](https://docs.jup.ag/user-docs/earn/vaults/risks.md). > [accordion] Can a curator take my funds? > > 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](https://docs.jup.ag/user-docs/earn/vaults/curators.md#limits-on-curators) > [accordion] What happens if a vault is paused? > > 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 > [accordion] Is the APY shown on a vault guaranteed? > > 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](https://docs.jup.ag/user-docs/earn/vaults/shares-and-yield.md#target-apy-and-measured-performance) > [accordion] What does the sparkle icon next to an APY mean? > > 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](https://docs.jup.ag/user-docs/earn/vaults/shares-and-yield.md#boosted-apy-and-incentives) > [accordion] Why don't I receive yield payments? > > 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](https://docs.jup.ag/user-docs/earn/vaults/shares-and-yield.md). > [accordion] What fees will I pay? > > 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](https://docs.jup.ag/user-docs/earn/vaults/fees.md). > [accordion] Why is the value of my deposit slightly lower right after I deposit? > > 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](https://docs.jup.ag/user-docs/earn/vaults/fees.md#entry-cost) ## Withdrawals > [accordion] Why can't I withdraw my whole position instantly? > > 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](https://docs.jup.ag/user-docs/earn/vaults/withdrawing.md#instant-withdrawal-limit) > [accordion] My withdrawal request shows Unlocks in. Where is my USDC? > > 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. > [accordion] Can I cancel a withdrawal request? > > 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](https://docs.jup.ag/user-docs/earn/vaults/withdrawing.md#cancel-a-withdrawal-request) ## Vault shares > [accordion] What is the token I received after depositing? > > 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](https://docs.jup.ag/user-docs/earn/vaults/shares-and-yield.md#vault-shares) This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.