What is a vault?

A vault is a smart contract that automates depositing capital into a DeFi protocol. Vaults also commonly pool capital from various users and create economies of scale through reducing gas costs and achieving higher levels of protocol incentives.

Vaults are a great way to participate in DeFi:

  • Minimal maintenance (compared to manually using a protocol)

  • Useful metrics to help evaluate opportunities (vault user interfaces commonly show APY, overall value locked in an opportunity, deposit history, etc.)

  • Helpful with discovering new protocols

  • Often cheaper to use than protocols directly, sometimes with higher returns

Guides: Jump right in

Follow our handy guides to get started on the basics as quickly as possible:

Fundamentals: Dive a little deeper

Learn the fundamentals of Yagi to get a deeper understanding of our main features:


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