The Vault

One pool underwrites every trade on win-trader. Deposit USDC and you receive sLP shares in it; the pool collects trader losses, borrow fees and part of the funding, and pays out when traders win. Your shares are worth their part of whatever the pool is worth.

Utilization — how much of the pool is currently backing open positions — sets both what it earns and how much of a stake can leave right now. Deposits and withdrawals settle against a published oracle round, not against a price picked at the moment you press the key.

In the documentation

• The Vault and your margin — One pool underwrites every trade. Your collateral is what backs yours.
• How settlement works — Contracts, oracle, keeper and indexer: the four pieces, and which one owns your money.
• Deposit and withdraw — Getting funds into your wallet, into the pool, and back out again.
• Risk disclosure — Leverage, liquidation, the oracle, the contracts and the pool: what can go wrong here, and the mechanism that does it.