> For the complete documentation index, see [llms.txt](https://docs.kpk.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kpk.io/vaults/readme.md).

# Introduction

This documentation is the canonical reference for **KPK-curated products across supported protocols**. It explains the strategy design, asset selection, incentives, fees, and risk controls that govern each product.

**Who this is for:** Depositors, integrators, and risk reviewers who need precise, up-to-date information about KPK-curated products.

KPK-curated products combine a clear risk framework, deep protocol integration, in-house automation, and a network of issuer and protocol partners to deliver stable and scalable strategies.

### Approach

KPK-curated products prioritise robust risk management and stability, leveraging advanced in-house automation to enhance efficiency and returns. The goal is to deliver **superior risk-adjusted yields** compared to other curators, without increasing exposure. Each curated product benefits from:

{% columns %}
{% column %}
**Continuous monitoring**\
with clear response procedures.
{% endcolumn %}

{% column %}
**Thorough due diligence**\
for every integrated asset and protocol.
{% endcolumn %}
{% endcolumns %}

{% columns %}
{% column %}
**Risk-tiered allocation**\
assigning each whitelisted strategy a tier that determines its allocation limits.
{% endcolumn %}

{% column %}
**Conservative strategy design**\
targeting sustainable yield from reputable sources.
{% endcolumn %}
{% endcolumns %}

{% columns %}
{% column %}
**Automated agents**\
that trigger protective actions in response to risk alerts and, where applicable, optimise allocations to enhance yield
{% endcolumn %}

{% column %}
**Aligned incentives**\
including temporary reward campaigns that complement sustainable yield, never replace it.
{% endcolumn %}
{% endcolumns %}

### Risk classification

Every KPK vault carries a risk category, **Prime** or **Yield**, that sets its collateral criteria, liquidity target, and intended depositor profile. **Core** is a modifier that narrows Prime to the strictest mandate KPK offers.

<table><thead><tr><th width="140.48828125">Category</th><th width="140.43359375">Risk profile</th><th>Collateral</th><th>Liquidity target</th></tr></thead><tbody><tr><td><strong>Prime Core</strong></td><td>Lowest</td><td>Tier A only</td><td>90-100%</td></tr><tr><td><strong>Prime</strong></td><td>Low</td><td>Tier A-B</td><td>75-90%</td></tr><tr><td><strong>Yield</strong></td><td>Medium</td><td>Tier B-D</td><td>30-50%</td></tr></tbody></table>

Tiers are assigned under KPK's [Risk Framework](/vaults/infrastructure/risk-framework.md). Some vaults also carry an **RWA** or **Term** modifier, denoting real-world-asset collateral or a fixed-duration rate structure, respectively; the parent category still sets the risk posture.

### Explore

This handbook is organised by protocol. Each section provides an overview of the relevant protocol and KPK’s strategy in the context of that protocol’s design and constraints. A page is then provided for each KPK-curated product, which contains strategy details, parameters, integrated assets, limitations, risk notes, and a change log.

In addition, under the Infrastructure section, users can learn more about KPK's proprietary automation engine and its risk management. All vault changes are recorded in the [Changelog](https://docs.kpk.io/changelog/).

<table data-card-size="large" data-view="cards"><thead><tr><th align="center"></th><th data-hidden data-card-target data-type="content-ref"></th><th data-hidden data-card-cover data-type="image">Cover image</th><th data-hidden data-card-cover-dark data-type="image">Cover image (dark)</th></tr></thead><tbody><tr><td align="center"><strong>Morpho Vaults</strong></td><td><a href="/vaults/vaults/morpho.md">Morpho</a></td><td><a href="https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FMIqcrNNtLDVRiUFy3e5G%2FMorpho_L.png?alt=media&#x26;token=58341344-6625-4972-a864-36a3a1ec205a">https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FMIqcrNNtLDVRiUFy3e5G%2FMorpho_L.png?alt=media&#x26;token=58341344-6625-4972-a864-36a3a1ec205a</a></td><td><a href="https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FdqdWFE1qo3TqtO2THZ7S%2FMorpho_D.png?alt=media&#x26;token=f1e52786-841a-4bae-926b-5b72490a5c8f">https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FdqdWFE1qo3TqtO2THZ7S%2FMorpho_D.png?alt=media&#x26;token=f1e52786-841a-4bae-926b-5b72490a5c8f</a></td></tr><tr><td align="center"><strong>Gearbox Earn Pools</strong></td><td><a href="/vaults/vaults/gearbox.md">Gearbox</a></td><td><a href="https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FLp2dxo1JINOQgCRlw1xC%2FGearbox_L.png?alt=media&#x26;token=8514dac5-07e5-4c63-9e68-fd48f2d5879e">https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FLp2dxo1JINOQgCRlw1xC%2FGearbox_L.png?alt=media&#x26;token=8514dac5-07e5-4c63-9e68-fd48f2d5879e</a></td><td><a href="https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FXtwpOvJ0ry0bQUVnx5pX%2FGearbox_D.png?alt=media&#x26;token=2d158910-cb0a-4ee4-ae07-1dcb93c30621">https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2FXtwpOvJ0ry0bQUVnx5pX%2FGearbox_D.png?alt=media&#x26;token=2d158910-cb0a-4ee4-ae07-1dcb93c30621</a></td></tr><tr><td align="center"><strong>Symbiotic Vaults</strong></td><td><a href="/vaults/vaults/symbiotic.md">Symbiotic</a></td><td><a href="https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2Fgit-blob-0ccbdcb3124df657e7f9ceeeda42e7d8550cd5f9%2FSymbiotic_L.png?alt=media">https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2Fgit-blob-0ccbdcb3124df657e7f9ceeeda42e7d8550cd5f9%2FSymbiotic_L.png?alt=media</a></td><td><a href="https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2Fgit-blob-1c2bd206907b39e8b6e1d924de0e07d9969cf821%2FSymbiotic_D.png?alt=media">https://2037261023-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fb7kueLGoREgSbtMhzWGT%2Fuploads%2Fgit-blob-1c2bd206907b39e8b6e1d924de0e07d9969cf821%2FSymbiotic_D.png?alt=media</a></td></tr><tr><td align="center"><strong>KPK Funds</strong></td><td><a href="https://docs.kpk.io/funds/">Funds</a></td><td><a href="https://2172973029-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTBKvv5dkTfvKc0yNPDyg%2Fuploads%2FfXnXkXPu3cQkxBjgXQ64%2FFunds_L.png?alt=media&#x26;token=6e08b745-5a8c-432f-ad6f-d9ad52cefb16">https://2172973029-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTBKvv5dkTfvKc0yNPDyg%2Fuploads%2FfXnXkXPu3cQkxBjgXQ64%2FFunds_L.png?alt=media&#x26;token=6e08b745-5a8c-432f-ad6f-d9ad52cefb16</a></td><td><a href="https://2172973029-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTBKvv5dkTfvKc0yNPDyg%2Fuploads%2F6W1lJkFVLumPBNU4tuI3%2FFunds_D.png?alt=media&#x26;token=b499b22e-1fba-4fe5-b8fb-e824f4690daf">https://2172973029-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTBKvv5dkTfvKc0yNPDyg%2Fuploads%2F6W1lJkFVLumPBNU4tuI3%2FFunds_D.png?alt=media&#x26;token=b499b22e-1fba-4fe5-b8fb-e824f4690daf</a></td></tr></tbody></table>


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