Permissionless Vaults
Vaults are the core building blocks of Orion Finance - onchain investment vehicles that hold assets, follow a defined strategy, and generate returns for participants.
What Makes Orion's Vaults Different?
Unlike traditional asset management products or many existing DeFi vaults, anyone can create and manage a vault on Orion.
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).