Protected per-coin reserves

The vault remains the foundation.

Each coin keeps separate USDC accounting. At most 25% can become routed perp collateral while at least 75% stays reserved.

25% deployment ceiling

Existing collateral counts toward the limit, so repeated routes cannot bypass the reserve floor.

Principal returns first

When a position closes, recovered principal returns to the same coin vault before profit is distributed.

Profit compounds the coin

Realized profit is allocated 40% to burns, 30% to buybacks and 30% back into liquidity.

Vault split

Reserved ≥ 75%Deployable margin ≤ 25%

Vaults

0 with activity

No strategy vault is routing funds yet.

Each vault becomes eligible only after verified fee conversion and every execution check on Zeta Markets passes.