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Fees are set at the vault level by each vault’s curator. They are deducted in BTC and settled monthly or upon withdrawal.

Fee types

Three fee types appear across vaults: Which of these apply — and at what rate — is set by the vault curator; current fee schedules are published per vault in the Treasury app. Review the risk disclosures alongside fee terms before allocating.
All yield figures are indicative BTC APY ranges, not guarantees. Actual returns vary by program, market conditions, and counterparty. Figures are net of fees and BTC-denominated. Past performance is not indicative of future results.