Unlock more with bespoke stablecoin yield vaults
Curation+ is the managed service for clients whose requirements go beyond pre-built products, specific yield targets, defined risk parameters, complex collateral mandates, or blended real-world asset and on-chain strategies- designed and actively managed to your specification
move at scale
Already live, already being used at scale
Businesses are already powering yield products and earning on their stablecoin treasury balances through OpenTrade vaults
total value locked in vaults
transaction volume processed
institutional relationships, built over years
Why curation+
For requirements a pre-built vault can’t meet
Curation+ is the managed service for clients with constraints, requirements, or strategies that off-the-shelf vaults can't accommodate, institutional portfolio design and active management, scoped to you.
Define your target yield, acceptable collateral, liquidity profile, and portfolio complexity. Curation+ scopes and constructs a vault to those parameters, not a pre-set product you have to work around
Portfolios are managed by asset management and advisory professionals overseeing $6B+ for pension funds, insurers, and private banks, alongside on-chain strategy specialists, expertise most oversight teams can’t match across both traditional finance and DeFi
Institutional yield across traditional and on-chain assets through an established network of 60+ institutional counterparties
Get professional investment strategies tailored to your requirements without building the traditional-finance and DeFi investment function it would otherwise take
Eligible collateral
What your vault can be built from
Curation+ draws on a broad eligible collateral set, from real-world assets to on-chain strategies
Money markets and government debt
Money market funds (including Fidelity Institutional Liquidity Funds), short-duration US Treasuries, and government bonds
Public and private credit
Commercial paper, investment-grade and high-yield corporate bonds, and private credit instruments including trade finance bonds
Alternative and on-chain
Asset-backed and structured credit, blue-chip DeFi protocols, and managed on-chain yield strategies including delta-neutral staking
How it’s configured
Built to your parameters
Curation+ is built around what you specify, so the vault fits your requirements rather than the other way around
Target yield and rate structure
Set a target yield range and choose a fixed or variable rate structure
Acceptable collateral
Define the collateral types eligible for your vault, from money market funds and short-duration treasuries to private credit and on-chain assets
Liquidity and redemption terms
Set the liquidity profile and withdrawal timelines that match how you use the capital
Portfolio complexity
From single-asset strategies to blended real-world asset and on-chain allocations, built to the complexity you need
Don't need a bespoke vault?
Start with our pre-built vaults
Choose from a range of vaults, based on ideal return, risk-appetite, and liquidity.
Infrastructure
More than access to yield.
Vaults run on the OpenTrade Platform, a full technology stack that connects your product to institutional yield. Five layers, already built, so you integrate once and inherit the rest.
Complete infrastructure stack
API, applications, protocol, reporting, and operational workflows, connected through one platform.
Institutional structures
Bankruptcy-remote vehicles, segregated accounts, and established institutional relationships.
The right strategy for you
Choose an existing investment strategy or configure targeted APY, assets, liquidity, and risk parameters.
Off-chain banking and custody
A network of Tier 1 institutions providing cash management, brokerage, and custody of the assets behind every vault.
Independently assured
SOC 2 Type 1 attestation covering the controls the platform runs on.
FAQs
Questions, answered.
A stablecoin yield vault is a smart-contract that enables holders to generate yield on their balances. Each vault has a set list of eligible collateral, currency, risk profile, and liquidity terms, so you can pick the one that fits your use case or configure your own.
Each Sierra Protocol Vault is backed by a portfolio of high-quality assets, from money market funds and short-term treasuries to bond ETFs and curated on-chain strategies, depending on the vault. Balances earn yield tied to those underlying assets. Rates are variable and subject to market conditions, and past performance should not be taken as indicative of future results.
- Sierra Protocol vaults are designed to unlock universal access to the world’s best assets. Sierra Protocol vaults can be accessed permissionlessly by anyone with stablecoins and a wallet, and Sierra Protocol vault tokens are freely transferrable and composable across DeFi. For partners with more specific risk requirements, Vault access can be limited to Authorized Participants or only whitelisted addresses.
- Sierra Protocol is not available to persons or entities located in the United States, the United Kingdom or any jurisdiction subject to comprehensive sanctions administered by the U.S. Office of Foreign Assets Control (OFAC). This includes citizens, residents, companies, partnerships, or other business entities operating in or subject to the laws of these regions.
- Access to Sierra Protocol vaults is further restricted in any territory where the offering, holding, or use of such digital assets is prohibited or materially restricted by law. The protocol is designed to comply with applicable international standards and explicitly excludes participants from jurisdictions where legal, regulatory, or sanctions-related constraints apply.
Onchain vault protocols have unlocked yield on stablecoin balances but most still depend on crypto markets, so yields are volatile and limited by borrowing demand, capacity, uneven curation, thin access to traditional assets and fixed liquidity terms. Sierra Protocol has been built from the ground up to be fundamentally different. Sierra Protocol abstracts the complex back-end operations, handles the deployment & tokenization, empowers curation and unlocks distribution. Benefit from the entire permissionless yield stack through one single protocol.
No. Sierra vaults are not bank accounts, savings products or deposits. They are not covered by FDIC or any other deposit insurance or government protection scheme. Nothing from Sierra, its contributors or its service providers is investment, legal or tax advice.
Laws and regulations for digital assets are changing and differ by country. New rules or enforcement could restrict, change or end Sierra or particular vaults, and could affect your ability to use them.
Sierra is not available to [persons in restricted jurisdictions]. You are responsible for complying with the laws that apply to you, including tax. Before depositing, review the vault’s strategy, settings, role holders and fees, and keep track of changes to them.