| Underlying | frxUSD |
|---|---|
| Chain | Ethereum |
| Infrastructure | Gearbox |
| Address | 0xBd8Ec7444dB271635584Cc38F5d06C72eAB762f5 |
|---|
The Vault invests in DeFi protocols across multiple chains, aiming to generate market-neutral returns through strategies such as lending and borrowing, yield farming, looping, and liquidity provisioning.
Capital allocation across strategies is guided by a disciplined investment framework that combines in-house expertise in protocol risk assessment with a systematic analysis of market and macroeconomic trends. This approach enables the management team to anticipate shifts in DeFi rates and capture optimal return opportunities.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0%* | 0.0% | 0.2%* | 0.21%* |
| Token | Cap | Status |
|---|---|---|
| mF-ONE | 5m frxUSD | Active |
| mGLOBAL | 5m frxUSD | Active |
| mF-ONErdfrxUSD | 5m frxUSD | Active |
| USDC | 1k frxUSD | Active |
KPK applies a conservative risk approach. Assets, markets, and decentralised applications undergo a proprietary RISC Framework (Risk Identification, Scoring & Control) review across 12 risk dimensions.
| Protocol | Interaction restricted to audited, battle-tested protocols, with regular reviews. |
|---|---|
| Operational | Role-based access control is enforced onchain via Roles Modifier contracts. No key can move assets outside the mandate. |
| Market | Rewards are swapped to the deposit token on receipt, so the product holds no unintended token exposure. |
| Liquidity | No lock-up protocols used. A liquidity buffer in the deposit token is kept to ensure exit flexibility. |
| Governance | Preference for decentralised governance, with active monitoring. |
| Infrastructure | Networks with strong uptime records, monitored around the clock. |
| Regulatory | Exposure limited to fully collateralised assets and transparent protocols. |
KPK is a noncustodial onchain asset manager operating treasury mandates, Funds, and Vaults for DAOs, foundations and institutions across DeFi since 2020. Over $2bn have been deployed onchain, totalling 16,000+ transactions and zero funds lost.
KPK designs bespoke investment strategies, managing capital allocation, token liquidity, and execution within predefined risk constraints set by clients’ long-term objectives.
Gearbox is a modular lending protocol. Depositors supply liquidity to ERC-4626 Earn pools, and borrowers draw on it through credit accounts that hold whitelisted collateral. Curators set each pool's boundaries, such as collateral limits, liquidation thresholds and oracles, rather than moving funds between markets.
KPK acts as risk curator under its Risk Framework. How each vault's venues, limits and monitoring are set is documented in the KPK docs.
Vaults curated by KPK are non-custodial smart contracts and may carry significant risks, including possible loss of assets. KPK does not provide investment, legal, or financial advice. Past performance does not guarantee future results.
The information provided is for general informational purposes only and may be updated or amended at any time without notice. It does not constitute financial, legal, tax, or other professional advice. Participation in crypto-assets involves significant risk, including high volatility and the potential loss of your entire investment. Returns are not guaranteed.