PsyFi Learn
September 10, 2023

Using and Understanding PsyVaults 

PsyFi’s aim is to provide the DeFi community with best-in-class, non-inflationary yields on Solana through a range of innovative products. That’s why we created PsyVaults: a suite of easy-to-use structured products designed to generate sustainable yield on single token assets. 

PsyVaults use options strategies to offer users the ability to go beyond traditional "HODLing" without the need for any manual input. Each one automatically takes care of the entire options creation, sale, and compounding process, allowing you to maximize your yield potential. For some background information about the mechanics behind the options contracts that PsyVaults use, click here

Who Are PsyVaults For? 

There are a wide variety of PsyVaults that users can choose based on their preferences for assets and appetite for risk. 

These fall into a few broad categories. Market Making Vaults may be ideal for users who are interested in strategies oriented around lower risk and lower potential rewards. Covered Call Vaults and Secured Put Vaults, by contrast, may appeal to users with a moderate risk appetite, while PsyFi’s Leveraged Call Spreads can serve those with a higher degree of risk tolerance who wish to cap their potential losses while taking on highly leveraged directional bets. 

PsyFi is continuously working to expand our offerings with a wider range of sustainable yield products within the Solana ecosystem. Click here to check out the PsyVaults that are currently available. 

Note: As with any investment, depositing your funds into PsyVaults can result in capital losses as markets shift. PsyVaults are designed to suit a wide range of different risk profiles, so you can select those that are most suitable for you. Always conduct your own research and consider your risk tolerance before making any investment decisions.

How Do I Start Using PsyVaults? 

It’s easy to start investing with PsyVaults. Before you get started, make sure you have the assets you’d like to use ready in your Solana ecosystem wallet. After that, follow these steps.

  1. Visit
  2. Choose “Select Wallet” and connect the Solana ecosystem wallet of your choice.
  1. Select the PsyVault of your choice, and deposit the appropriate asset in the amount of your choosing.

Are PsyVaults Secure? 

Security and transparency are paramount when it comes to handling your assets. That's why PsyVaults have been designed with a strong focus on security fro the beginning, with fully open-source code that is regularly audited by third parties. The results of the most recent audit, conducted by Kudelski Security, can be found here

Learn More About PsyFi 

PsyVaults are an important part of the PsyFi DAO’s mission to provide best-in-class financial tools to the DeFi community. This mission guides all we do, now and in the future. 

To find out more, visit

This blog is the first installment in a series of PsyGuides – informational posts that teach you how to use each of PsyFi’s products. Check out the rest of the series here