Single Asset Vaults

Earn passive income through simple, one click, no fees, Single Asset Vaults.

How it works

Single Asset Vaults provide essential liquidity for Kai's Leveraged LP Vaults, where active users can borrow funds to amplify their positions. As borrowers use leverage, they pay interest on the borrowed amount, benefiting Single Asset Vault providers. When liquidity utilization approaches capacity, interest rates rise, incentivizing new deposits and stabilizing liquidity, much like traditional lending platforms.

Key features

• Beginner-friendly: Ideal for newcomers, offering a “set it and forget it” approach.

• Single asset, lower risk: No exposure to impermanent loss, making it a straightforward choice for stable returns.

• Auto-compounding: Rewards are reinvested every 30 minutes, maximizing your returns without manual intervention.

• Market-Driven Returns: Rewards grow in proportion to the performance of active LP Vault participants. The better they are at capturing high yields, the more you earn.

Available vaults

• SUI

• USDC (Native)

• wUSDC (Wormhole)

• wUSDT (Wormhole)

• suiUSDT (Sui Bridge)

• USDY (Native)

• DEEP

Withdrawal limits

Kai Finance maintains a 10% liquidity buffer to support flexibility in withdrawals. During times of high utilization - when over 90% of assets are actively used as collateral - liquidity for withdrawals may be temporarily constrained, which could impact lenders' immediate access to funds. However, significantly elevated interest rates during these periods encourage new deposits or prompt borrowers to repay, quickly restoring the pool’s liquidity balance.

APY Adjustments

In Kai Finance, APY changes don’t happen instantaneously; they adjust gradually over a period of 3-4 hours. This means that if a leveraged position is opened or closed, any impact on interest rates will reflect in Single Asset Vaults over that timeframe.

Vault Utilization

Additionally, the utilization rates of vaults are recalculated every 30 minutes. So, after depositing funds into a Single Asset Vault, it may take some time for the funds to become available for leveraged LP Vaults, especially if utilization is currently at the maximum limit. This approach balances APY stability with real-time market adjustments, creating a smoother experience for all users.

Vault Yield-Bearing Tokens

When you deposit assets into a Kai SAV Vault, you receive yield-bearing tokens in return (for example, ySUI for SUI deposits, yDEEP for DEEP deposits). These tokens represent your vault position and are your claim to your deposited assets plus accumulated yield.

IMPORTANT: Never sell or swap these yield-bearing tokens on DEXes. Some scammers create malicious liquidity pools to trick users into selling their vault tokens for a fraction of their true value. Your yield-bearing tokens are worth the full amount of your deposit plus earned yield, and should only be redeemed through Kai Finance's official interface.

Examples of vault tokens:

• ySUI for SUI vault

• yUSDC for USDC vault

• yDEEP for DEEP vault