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Concrete DeFi USDT

DetailsOverviewWithdrawalsSecurity
Live APY
Live APY is a position weighted average of reported APYs.
8.8%
7 day live APY
7-Day live APY is a position weighted average of reported APYs over the trailing 7 days.
8.43%
Total value locked
Details
Total Volume
The value of all deposits, transfers and withdrawals
$4.34B
Exposure
—
Withdrawal Queue
A withdrawal queue optimises APY. 12% of the vault TVL is made available to process withdrawals in the open withdrawal epoch.
Withdrawal queues will increase beyond 7 days if more than 12% of TVL is requested. Learn more
7 days
Vault Token
The token you receive representing your deposit in the vault.
ctDefiUSDT
Withdrawal Token
USDT
Vault Address
The unique vault identifier on the blockchain
0x0e60...251e
Auditors
Halborn
Cantina
Ethereum
Wallet Setup
Fordefi secures each vault with a dedicated, policy‑controlled wallet that requires approved signers and enforced transaction rules for every on‑chain action.
Fordefi
Curator
The custodian and operator of the vault
Concrete
Overview

Deposit USDT and earn yield denominated in USDT.
Concrete allocates deposits across DeFi strategies¹, adjusting the mix as market conditions change. Strategies may include lending, delta-neutral trading, real-world assets and liquidity provision.
The allocation is discretionary and changes over time. Yield² is variable and not guaranteed. Allow funds to remain in the vault for 30 days for yield to accrue.

Withdrawals

In order to ensure the vault optimizes APY a withdrawal queue is in place. Withdrawal queues take up to 7 days, which may extend in scenarios of higher demand. 12% of the vault TVL is made available to process withdrawals in the open epoch. Withdrawal queues will increase beyond 7 days if more than 12% of TVL is requested. In this scenario withdrawals are processed in order of request. Learn about how withdrawals work

Epochs
To ensure an optimum APY is achieved, withdrawals are grouped into epochs (several days of withdrawal requests) and processed together.
Security
Wallet Setup
Fordefi secures each vault with a dedicated, policy‑controlled wallet that requires approved signers and enforced transaction rules for every on‑chain action.
Vault Pauser
The Vault Pauser role is given to an entity who monitors the vault and may pause the vault at any point where a security threat is detected. Read more about security.
Audited by
For a full list of audits, see our documentation article on Audits
Halborn, Cantina

Footnotes

  1. Strategies subject to change and subject to various risks including, but not limited to, smart contract exploits, liquidation risks, and venue failures.

  2. Yields are not guaranteed. Displayed performance may reflect execution cost rebates and strategy partner capital allocations, where applicable. See Important Disclosures – Yield Rates Not Guaranteed.

Withdrawal and vesting terms subject to conditions. See Important Disclosures – Withdrawal and Termination Rights
Principal protection strategies aim to minimize loss but are not guaranteed. Assets remain subject to smart contract, liquidation, and market risks. See Important Disclosures. Insurance buffers may include internal reserves or third-party coverage, where available. Not FDIC/SIPC insured. Coverage limits and conditions apply.

Deposit
Withdraw
Deposit
Amount
Max
0
Insufficent balance
Deposit Limit
200M USDT
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