> For the complete documentation index, see [llms.txt](https://docs.noon.capital/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.noon.capital/1.-noon-the-basics/vaults.md).

# Vaults

Vaults are the easiest way to earn Noon yields.

<mark style="color:violet;">**$USN**</mark> is <mark style="color:purple;">**Noon**</mark>’s stablecoin, and rewards holders with <mark style="color:green;">Noon Points</mark> that can be converted into <mark style="color:violet;">**$NOON**</mark>. <mark style="color:violet;">**$sUSN**</mark> appreciates daily, simply and at a **market-leading pace**

Vaults are the **next level up**. Each vault runs a specific strategy, often returning more than the average <mark style="color:violet;">**$sUSN**</mark> rate, for people who want their assets to work even harder, with minimal effort.

[**Browse the live vaults →**](https://app.noon.capital/vaults)

<figure><img src="https://3816918787-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FL26rQzcNmiUZrCXkxkjS%2Fuploads%2Fhq7i3zBMhnongeBe3dNl%2Fimage.png?alt=media&amp;token=0e40b84a-f280-4954-8473-b4e972bab6f5" alt=""><figcaption><p>Figure 1. Noon Vaults page, on the Noon App</p></figcaption></figure>

## <mark style="color:$primary;">What is a Vault?</mark>

<mark style="color:purple;">**Noon**</mark>'s Vaults help users access **sophisticated, high-yielding DeFi strategies** with a **single click**. Yield from <mark style="color:purple;">**Noon**</mark>'s Vaults primarily comes from Noon's assets - <mark style="color:violet;">**$USN**</mark>, <mark style="color:violet;">**$sUSN**</mark>, <mark style="color:violet;">**$NOON**</mark> or <mark style="color:violet;">**$sNOON**</mark>.

Each vault accepts **one deposit asset**. Some only accept a stablecoin (like $USDC or $USDT), others accept volatile assets (like $BTC or $ETH wrappers). No need to route through <mark style="color:violet;">**$USN**</mark> or <mark style="color:violet;">**$sUSN**</mark> first - the vault takes care of all the operations for you.

Each vault is managed by a **curator** with extensive experience in running yield-generating strategies using <mark style="color:purple;">**Noon**</mark>'s collection of tokens. These curators use strategies like leverage looping to maximise the vault's returns - and **strict safety measures** like automated monitoring, strict LTV limits, and block-by-block deleveraging to minimise the chances of loss.

### The vaults

The vaults are live in the [<mark style="color:purple;">**Noon**</mark>**&#x20;App**](https://app.noon.capital/vaults), where **APY and TVL update in real time**. Current line-up:

<table><thead><tr><th width="128">Vault</th><th>Deposit</th><th>Chain</th><th>Vault Link</th></tr></thead><tbody><tr><td><mark style="color:violet;"><strong>$sUSN</strong></mark><strong> Delta Neutral Yield Vault</strong></td><td>USDC</td><td>Monad</td><td><a href="https://yield.accountable.capital/vaults/0xd43F8443Bd91829b36153e33d3e631Bdd3b93844">https://yield.accountable.capital/vaults/0xd43F8443Bd91829b36153e33d3e631Bdd3b93844</a></td></tr><tr><td><strong>wcBTC Vault</strong></td><td>wcBTC</td><td>Citrea</td><td><a href="https://yield.accountable.capital/vaults/0x9d384052c46959fE0AA601D312D1B3F7B4eD4E5b">https://yield.accountable.capital/vaults/0x9d384052c46959fE0AA601D312D1B3F7B4eD4E5b</a></td></tr><tr><td><strong>VIP Vault</strong></td><td>USDC</td><td>Ethereum</td><td>Not Public</td></tr></tbody></table>

[**See live APY and deposit →**](https://app.noon.capital/vaults)

### Is a vault right for you?

Vaults trade the **blended, hands-off** <mark style="color:violet;">**$sUSN**</mark> yield for a **specific strategy's return**. That can mean more yield, a different asset exposure, or a points boost, depending on the vault.

If you're weighing a vault against simply holding <mark style="color:violet;">**$sUSN**</mark>, the [**Vault vs&#x20;**<mark style="color:violet;">**$sUSN**</mark>](/2.-usdusn-and-usdsusn/vault-vs-usdsusn.md) walks through it.

The strategies powering the returns are documented under [**The Yield Engine**.](/3.-the-yield-engine/overview.md)