SuperHedge
  • Introduction
  • FAQ
  • SuperHedge Products
    • N-Vaults
      • Principal-Protection
      • Options Strategy
      • Vault Tokens
      • Lifecycle
      • Fees
      • Risk
      • FAQ
  • User Guides
    • Deposit
    • Withdrawal
      • Coupons
      • Option Profits
      • Early Withdrawal
  • Contracts & Security
    • Deployed
    • Github
    • Audit
  • Points Campaign
    • Season 1
  • Socials
    • X
    • Discord
    • Telegram
    • Zealy
    • Medium
  • Other Resources
    • Litepaper
    • Terms of Use
    • Privacy Policy
Powered by GitBook
On this page
  1. SuperHedge Products

N-Vaults

PreviousFAQNextPrincipal-Protection

Last updated 4 months ago

How does it work?

N-Vaults are capital pools designed to replicate TradFi structured notes, which typically consist of two key components: a and a structured options strategy. The zero-coupon bond ensures principal-protection at maturity, while the structured options strategy offers the potential for enhanced returns.

100% Principal-Protected Structured Note = Zero-Coupon Bond + Options Strategy

N-Vault’s zero-coupon bond component is fully on-chain, powered by Pendle Finance’s , while the options strategy is deployed through CEXs, DEXs, or market makers (MM).

zero-coupon bond
Principal Tokens (PT)
N-Vault Flows