Permissioned Vaults
Orion vault creation is permissioned. Asset managers must complete onboarding to receive permissions required to create and operate vaults. User investing remains open unless otherwise noted in the app.
What Makes Orion's Vaults Different?
Managers must complete onboarding before creating and operating vaults.
Vaults are intent-based, meaning curators and users submit desired actions (allocation changes, deposits, withdrawals) that the protocol executes in optimized batches, making them highly capital-efficient.
Vaults can also be privacy-preserving, with allocations kept confidential between rebalancing cycles while performance remains verifiable onchain. This allows curators to protect their alpha and users to invest without revealing their positions.
Vault Standards
- ERC-4626 Compliant - Orion vaults follow the ERC-4626 Tokenized Vault Standard, making them interoperable with the wider DeFi ecosystem.
- Multi-Asset Support - Vaults can hold one or multiple assets and rebalance between them according to the strategy.
- Automated Execution - Strategies are executed via Orion's asynchronous execution layer for efficiency and privacy.
Transparent vs. Private Vaults
When launching a vault, curators can choose:
- Transparent Vaults - Asset allocation is fully visible onchain.
- Private Vaults - Asset allocation remains confidential between rebalancing cycles, while performance remains verifiable.
Customization
Vault creators can define:
- Asset universe and allocation rules.
- Risk and return targets.
- Rebalancing frequency.
- Performance and management fees.
- Transparency level (transparent or private).