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Vaults Overview

Mezo Vaults are yield-generating strategies that deploy your assets across DeFi to earn returns. Deposit into a vault, receive a receipt token representing your position, and let the strategist optimize for yield.

Visit mezo.org/earn/vaults to explore available vaults.


  1. Select a vault — Browse available vaults on Mezo, each with different strategies and yield sources
  2. Deposit asset — Deposit the required token (e.g., MUSD, BTC) into the vault
  3. Receive receipt token — Get a token representing your share of the vault
  4. Strategist optimizes — The vault strategist deploys assets to generate yield according to the described strategy
  5. Earn — Accumulate yield and optionally stake for additional rewards

ColumnWhat It Means
VaultName and description of the vault strategy
TVLTotal Value Locked — the total assets deposited in the vault
APYAnnual Percentage Yield — your estimated yearly return
RewardThe token(s) you earn from the vault
StrategistThe team or protocol managing the vault strategy

Vaults built and managed by Mezo, such as the MUSD Savings Vault.

Vaults built by partner protocols (e.g., August, UWI, Upshift) that deploy assets into their own strategies. These can also appear as featured banners on the vaults page and link out to the partner’s platform for deposits.


Each vault deploys assets differently. Understand the underlying strategy before depositing — some strategies carry more risk than others.

Vaults interact with multiple smart contracts. While Mezo vaults are audited, all smart contracts carry inherent risk. Only deposit amounts you’re comfortable with.

External vaults are managed by third-party protocols. Mezo does not control these strategies. Review the partner’s documentation and audits before depositing.