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WBTC Vault

DetailsOverviewWithdrawalsSecurity
Live APY
Live APY is a position weighted average of reported APYs.
1.99%
+points
7 Day Live APY
7-Day live APY is a position weighted average of reported APYs over the trailing 7 days.
1.02%
Total value locked
The total amount held in the vault, valued in USD.
Details
Total Volume
The value of all deposits, transfers and withdrawals
$71.4M
Fees
The fees taken as part of running the vault
15% Performance
Exposure
Exposure lists the assets, protocols and networks the vault has exposure to.
—
Withdrawal Queue
A withdrawal queue optimises APY. 10% of the vault TVL is made available to process withdrawals in the open withdrawal epoch.
Withdrawal queues will increase beyond 14 days if more than 10% of TVL is requested. Learn more
14 days
Vault Address
The unique vault identifier on the blockchain
0xf72b...a1c4
Auditors
Halborn
Code4rena
Zellic
Ethereum
Vault Token
The token you receive representing your deposit in the vault.
ctWBTC
Wallet Setup
The vault’s privileged keys are secured through Fireblocks using MPC-CMP. Roles, approval quorums and transaction policies govern transactions using those keys.
Fireblocks
Withdrawal Token
WBTC
Curator
The custodian and operator of the vault
Concrete
Overview

Deposit WBTC and earn yield denominated in WBTC.
Concrete borrows stablecoins against your deposit and allocates them across Concrete's stablecoin vaults. The position targets a 50% loan-to-value ratio and is rebalanced programmatically.
Leveraged positions carry liquidation risk. LTV management is intended to reduce that risk and does not eliminate it. 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 14 days, which may extend in scenarios of higher demand. 10% of the vault TVL is made available to process withdrawals in the open epoch. Withdrawal queues will increase beyond 14 days if more than 10% of TVL is requested. In this scenario withdrawals are processed in order of request, see the withdrawal schedule. 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
The vault’s privileged keys are secured through Fireblocks using MPC-CMP. Roles, approval quorums and transaction policies govern transactions using those keys.
Audited by
For a full list of audits, see our documentation article on Audits
Halborn, Code4rena, Zellic

Footnotes

Withdrawal and vesting terms subject to conditions. See Important Disclosures – Withdrawal and Termination Rights
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.
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
Insufficient balance
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