Explore Katana Earn to compare curated DeFi vaults and managed yield
strategies in one interface. Review APY, total deposits, asset exposure and curator information
before choosing where to deploy capital. Vault availability and rates can change as market
conditions, utilization, curator allocations and incentives change.
DeFi vaults on Katana
Katana Earn groups vault opportunities so users can compare strategies without manually
allocating across individual lending markets. Depending on the opportunity, vaults may
route capital through curated lending strategies or liquidity positions while exposing
the user to the underlying smart-contract and market risks.
APY, TVL and curator data
APY is variable rather than guaranteed. TVL and total deposits show the scale of a
strategy, while curator information helps identify who manages allocations and risk
parameters. A higher displayed APY does not by itself mean a vault has lower risk or
better future returns.
Yearn, Morpho and managed strategies
Katana integrates core DeFi infrastructure around yield and lending. Morpho supports
curated lending vaults, while the Earn interface can surface strategies managed by
independent vault providers and curators. The exact opportunity set can evolve as new
markets and vaults become available.
Productive capital and Vault Bridge
Katana is designed around productive liquidity. Vault Bridge can keep supported bridged
capital deployed in yield-generating strategies while corresponding assets remain usable
on Katana. Earn vaults provide another way to deploy assets directly into DeFi
strategies on the network.
Easy mode and advanced vault discovery
Easy mode highlights simplified managed opportunities where asset selection and
rebalancing are handled by the strategy. The broader vault table exposes more choices
and makes it easier to compare deposits, APY, exposure and curator details across
available strategies.
Understand vault risk before depositing
Vaults can involve smart-contract risk, curator decisions, liquidity risk, oracle
dependencies and changing market conditions. Rates and liquidity can fall as quickly as
they rise. Review the strategy, curator, asset exposure and current market conditions
before depositing.
Katana Earn FAQ
What is Katana Earn?
Katana Earn is the vault and yield discovery section of the Katana DeFi app. It lets
users compare managed vaults and yield opportunities using data such as APY, deposits,
exposure and curator.
How do vaults on Katana generate yield?
Yield depends on the underlying strategy. Some vaults allocate assets across lending
markets, while others can use managed liquidity or DeFi strategies. Returns are
generated by the underlying protocols and can change over time.
Is the APY shown on Katana fixed?
No. APY is variable and can change with utilization, market rates, incentives, liquidity
and curator allocations. A displayed rate should be treated as current or recent
strategy data, not a guaranteed future return.
What is a vault curator?
A curator manages strategy parameters and allocations for a vault. Curators can decide
which markets receive capital and set risk limits. Their decisions affect vault
performance, but they do not make returns risk-free.
What is the difference between Earn and Portfolio?
Earn is focused on discovering and comparing vaults and yield opportunities. Portfolio is
focused on viewing positions and tracking a user's DeFi activity after assets have been
deployed.
How does Vault Bridge relate to Katana Earn?
Vault Bridge can make supported bridged capital productive through yield-generating
strategies. Katana Earn separately surfaces vault opportunities where users can choose
to deploy assets into available DeFi strategies.