One deposit. Every market, weighed live.
Put MON or USDC to work in separate ERC-4626 vaults. Each reads approved lending markets’ base supply rates on Monad and sets targets by a rule anyone can check. Receive setsMON or setsUSDC, inspect where the assets are supplied, and redeem when liquidity allows. Try it with synthetic funds in the local demo; public deposits are closed.
A view into the markets.
These USDC rates are live mainnet research. The displayed split is hypothetical, not the local demo’s holdings. The app shows balances and rates from its own environment. The USDC vault excludes markets below its 250,000 USDC supply floor.
- Held as cashFor instant withdrawals0.00%10%
Blended across the split below, idle cash included. Base supply rates only: reward incentives are left out because they can stop at any time. Setsuna takes no fee.
| Destination | Supplied | Withdrawable now | Base APR | Target |
|---|---|---|---|---|
| Held as cashBuffer for withdrawals | — | All of it | 0.00% | 10% |
Every destination passed a deposit and full withdrawal on a mainnet fork. Rates move and are not promised; a large deposit lowers them. This table is mainnet research, not the demo vault’s holdings. The public demo accepts synthetic USDC on its separate fork and displays that environment’s rates and allocations.
Deposit. Earn. Withdraw.
- 01
Deposit
Choose MON or USDC and receive setsMON or setsUSDC. Each share represents your portion of that asset’s independent vault.
- 02
Earn
The vault reads approved markets’ base supply rates and allocates within published limits: a 60% destination cap and a 10% target cash buffer. Each market must pass the vault’s eligibility rules.
- 03
Withdraw
Redeem shares for their current underlying asset value, including interest or losses. Exits require healthy valuation and available liquidity; select a smaller amount if liquidity is limited.
setsMON, same rules.
A separate vault for MON, following the same pattern: one share, approved lending markets, published targets, no Setsuna fee. It is a second, independent pool; a USDC depositor never takes on MON price exposure. Native MON deposits, Neverland and Euler lending, share accounting, and native MON withdrawals are implemented and tested on a mainnet fork. The local app demo uses synthetic funds; public deposits are closed.