Overview
Yield Vaults is currently under development.
Bedrock's yield layer is made up of Yield Vaults — individual products, each deploying capital into a specific institutional-grade yield strategy. This page explains the vault system and the four strategy categories.
What a vault is
A Yield Vault is a structured product that:
Accepts capital (via uniBTC)
Deploys it into a specific yield strategy managed by a vetted institutional partner
Returns yield to uniBTC holders
Each vault is distinct: it has a defined strategy, a specific set of counterparties, and its own risk/reward profile. Bedrock audits each vault before launch and maintains ongoing oversight. Vaults are different from a generic yield aggregator: each vault is a deliberate, vetted institutional strategy — not an automated sweep to the highest APY.
The four strategy categories
Every vault belongs to one of four strategy categories. The category defines what kind of yield the vault pursues.
🏦 Lending and Credit Vaults
What it captures: Interest income from institutional borrowers via overcollateralized on-chain credit markets. How it works: Bedrock acts as an underwriter, providing capital to institutional credit protocols (such as Cap). Vetted institutional borrowers (trading firms, market makers) borrow against their positions and pay interest. That interest flows to uniBTC holders. Market relationship: Low directional exposure to BTC price. Yield is driven by borrower demand and credit market conditions, not by whether BTC is up or down. Bedrock's current position (as of May 27, 2026):
$183.23M deployed on Cap as the largest single underwriter
5 institutional borrowers: Susquehanna Crypto, Amber Group, Flowdesk, Portofino, Selini Capital
356.92% Health Factor on Bedrock's own vault
→ Lending and Credit Vaults — detail page
📊 Delta-Neutral Quantitative Vaults
What it captures: Arbitrage premiums and basis trading profits from systematic capture of market-structure price gaps. How it works: Quantitative strategies designed to be market-neutral — they do not take directional exposure to BTC's price. Instead, they exploit pricing inefficiencies between markets (e.g., CEX-DEX basis, funding rate arbitrage). Market relationship: Market-independent by design. Yield is driven by volatility and market inefficiency, not price direction. → Delta-Neutral Quantitative Vaults — detail page
🔄 DeFi-Native Yield Vaults
What it captures: Liquidity provisioning returns from DEX and lending protocol markets. How it works: Capital is deployed as liquidity in DeFi protocols — DEX liquidity pools, lending protocol supply, or similar high-velocity positions. Returns come from trading fees and lending spread. Market relationship: Correlated with DeFi protocol activity and on-chain transaction volume. → DeFi-Native Yield Vaults — detail page
🏢 Real-World Asset (RWA) Vaults
What it captures: Returns from tokenized off-chain financial instruments — treasury bills, private credit, structured products. How it works: Capital is deployed into tokenized representations of traditional financial instruments, diversifying yield sources beyond crypto-native market cycles. Market relationship: Tied to traditional market conditions and interest rate environments. → Real-World Asset (RWA) Vaults — detail page
Current vault status
Vault
Category
Status
First Yield Vault (name TBA)
Lending and Credit
🔜 Coming soon
Babylon × AAVE Vault
Lending and Credit
🔧 In development
Morpho-based Vault
Lending and Credit
⚪ Pipeline
Delta-Neutral Vault
Delta-Neutral Quantitative
⚪ Pipeline
DeFi-Native Vault
DeFi-Native Yield
⚪ Pipeline
RWA Vault
Real-World Asset
⚪ Pipeline
Vault names are subject to finalization. Bedrock does not commit to launch dates until officially confirmed.
How to access vaults
Hold uniBTC — you are automatically participating in active vault strategies. No separate vault deposit is required. → Quick Start: Buy & Hold uniBTC
Each vault carries distinct risk. Returns depend on vault strategy performance, counterparty behavior, and market conditions. No returns are guaranteed. Review audit reports and Terms of Use before participating.
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