Earn additional yield on digital assets through systematic stategies, compounded every 48 hours.
SPYx
0.00%
USDC
0.00%
JITOSOL
0.00%
Total Value Locked
$0
PiggyBank generates yield differently depending on the vault.
For the USDC Vault:
USDC is deployed directly into automated, delta neutral strategy based on funding rate arbitrage across ~10 perpetual DEXs (long-short on crypto majors/tokenized stocks with ~5x max leverage)
For other assets (SPYx, JitoSOL...) Vaults:
Across all vaults, strategies are automated and risk-managed to generate yield without taking directional market exposure.
Yield compounds automatically across all PiggyBank vaults (USDC, SPYX and JitoSOL).
When you deposit, you receive a yield-bearing token that continuously reflects the vault’s performance - there is nothing to claim manually.
The system runs in 48-hour epochs, independent from Solana epochs.
At the end of each epoch, all earned yield is compounded into the vault and reflected in your balance.
Your deposit starts generating yield at the end of the next epoch after you deposit.
Yes, withdrawals are batched and processed over an epoch as perpetual positions are unwound through low-impact execution.
When you request a withdrawal, it is queued until the end of the current epoch.
During the next epoch, your request is processed and your funds become claimable.In practice, this means withdrawals usually take between 48 and 96 hours after you submit.
For instance:
If you request a withdrawal near the end of an epoch, you will receive your funds in ~48 hours.
If you request just after a new epoch starts, it can take up to ~96 hours.
We were asked by the xStocks team to block users coming from the following list of restricted countries:
https://assets.backed.fi/legal-documentation/restricted-countries
The blocking is based on the country from which the user’s network traffic originates.
Secondary market to trade pbUSDC against USDC:
https://piggybank.gitbook.io/docs
While our vaults employ conservative strategies and automated risk management, all DeFi activities carry inherent risks.
Market volatility can reduce the value of your collateral, leading to possible liquidation if thresholds are breached. Smart contract vulnerabilities or failures in integrated platforms like Kamino may also impact funds. Additionally, stablecoin depegging or network disruptions could affect yield performance or withdrawals.
Delta-neutral strategy features tight risk management, including automatic margin rebalancing, deleveraging upon predefined thresholds, and partial TP/SL mechanism
