FAQs
Can anyone create a Vault?
Yes! Anyone can create a Vault as long as you deposit the minimum initial owner deposit of $100.
What is the difference between a vault owner and a vault operator?
A vault owner is the account that controls the vault and receives a share of the profits. A vault operator is a specialized account that has access to the funds and is responsible for trading to generate returns.
How are profits distributed in a vault?
Profits are distributed based on the vault’s profit share structure. A percentage goes to the vault owner, while the rest is distributed among vault token holders proportional to their share in the vault.
How long after I buy can I sell my vault tokens?
Because sell transactions cannot be performed in the same block as a buy, there is currently around a 5 minute window where you will not be able to sell tokens immediately after buying. This is the time that is required to created this new block for the sell transaction. Otherwise, the time is also limited by the Lockup Period that is configured for the Vault. This can be found just above the Buy button, in the Vault Stats section.
How is the performance of a vault calculated?
Vault performance is calculated based on the change in the vault’s total value over time. This includes trading profits, losses, and any fees incurred.
Are there any fees associated with using vaults?
Fees may vary depending on the specific vault. Typically, there’s a profit share for the vault owner. Always check the vault’s details for specific fee information.
How secure are Paradex Vaults?
Paradex Vaults are built with robust security measures, including role-based access control and multi-signature approvals. However, as with any DeFi product, there are inherent risks, and users should do their own research before participating.
How can I monitor my vault's performance?
Paradex provides detailed analytics for vault operations. You can see an overview from your Portfolio and also get a more detailed analysis by clicking on the vault from the main vaults page.
Will I gain any XP from buying Vault tokens?
Yes, XP will be awarded to your account on a Weekly basis. Vaults earn Fee, Maker, OI, and TVL XP just like any normal accounts. These XP earnt will then be distributed to vault token holders every Friday as Vaults XP. Buy tokens from Vaults with an active XP boost for a higher earn rate.
How can my vault's PnL be positive but its ROI is negative? (or vice-versa)
The ROI is calculated based on the Vault’s current token price divided by the initial token price (which is $1).
The P&L and ROI of the Vault could be different due to differences in a Vault’s TVL at different time periods
A Vault’s P&L could be positive due to higher returns on a higher TVL base (somebody had bought vault tokens), but negative in ROI because it had negative returns on a smaller TVL base.