Sentora Smart Vaults on Upshift go public on Smart Yield

Sentora opened its Smart Yield platform to the public today, and the Smart Vault layer, including the new Sentora ETH vault, runs on Upshift's non-custodial vault infrastructure.

Deposit into Sentora ETH: app.upshift.finance/pools/1/0xD0271E199f886Ff943859579465498B18eCF1E9d

Sentora launched Smart Yield today, a public platform for discovering and monitoring the onchain vaults it curates. The platform sorts vaults into two groups. Direct Vaults give bounded exposure to a single lending market on Morpho, Euler or Kamino. Smart Vaults run multi-step strategies, such as supervised loans and lending loops, inside a governed framework. The Smart Vaults are built on Upshift, and Sentora USD, Sentora BTC and the new Sentora ETH all take deposits from today.

What Sentora does

Sentora describes itself as a DeFi infrastructure and strategy partner for institutional and sophisticated onchain allocators, with its work centred on yield strategies, risk management and research. Its curation has carried more than $2.5B across institutional partnerships, according to co-founder Jesus Rodriguez, and its public vaults hold close to $2B in allocations. Until now most of that work sat behind institutional mandates. Smart Yield puts the same curation and risk data in front of any wallet.

"Vaults are becoming one of the main ways capital is organized and deployed across DeFi, but most products still reduce that experience to a single number," Rodriguez said in the launch announcement.

The Smart Vaults on Upshift

Each Smart Vault takes a single deposit asset and gives the depositor a receipt token for their share. Sentora then allocates the capital across blue-chip DeFi protocols. Sentora ETH is the newest of the three. It takes WETH and aims to raise ETH-denominated yield by supplying liquidity to established DeFi protocols (it also positions depositors for future airdrops). Returns stay in ETH from deposit to exit.

All three run on Ethereum mainnet. Every allocation inside a Smart Vault is shown on Smart Yield with its protocol, its underlying market and the share of capital routed to it. A depositor can read the strategy before committing to it.

What Smart Yield shows depositors

Smart Yield leads with risk data, and the headline APY is one figure among many. Each vault page shows its strategy design and the health factor over time for each underlying position. It also shows liquidity depth, capital concentration and a live feed of protocol-level risk updates, all visible without connecting a wallet. Depositors who do connect can monitor their positions and get alerts as conditions change.

Next on Sentora's roadmap are real-time threat monitoring through Hypernative, developer access through Privy and Fireblocks connectivity for institutions on Smart Yield Prime. It also plans DeFi Cover from Firelight, a protection product for vault positions.

Why the Smart Vaults run on Upshift

Sentora picked the protocols its Direct Vaults route into. For the Smart Vault layer, where strategies take several steps and touch several venues, it picked Upshift. Upshift supplies the vault contract, the receipt token, NAV accounting, fee logic and withdrawal processing, while August's policy engine limits what the operator can do with capital at the chain, protocol, token and function level. Sentora keeps full control of the strategy. Depositors keep self-custody throughout.

Upshift has processed more than $550M in deposits at peak across over 40 vaults on more than 30 chains. Its contracts have been audited by independent firms including Hacken, ChainSecurity, Sigma Prime and Zellic.

Risks

Smart Vaults carry more moving parts than a single lending market, since lending loops borrow against collateral. A sharp price move or a jump in borrow rates can shrink returns or trigger liquidations in an underlying position. Each protocol a vault uses adds smart contract and oracle risk. Exits from larger positions also rely on liquidity in the markets involved. Sentora ETH and Sentora BTC are denominated in ETH and BTC, and their dollar value moves with those assets. Returns vary, no level of return is guaranteed, and Upshift's vault contracts don't carry smart contract insurance.

Always make sure to do your own research and be aware of the above and any other risks before depositing.

Deposit into Sentora ETH: app.upshift.finance/pools/1/0xD0271E199f886Ff943859579465498B18eCF1E9d

Keep reading

• Ethereum staking yield: current ETH staking rates and what sits on top of them.
• How to tier vault strategies by risk: where single-market lending and looping sit on the risk curve.
• What are DeFi yield vaults: how to evaluate a vault and what the share token represents.