Standards

ERC-4626 explained

Deposit, withdraw and share accounting. The standard stops before strategy risk.

  1. 01asset()
  2. 02deposit / mint
  3. 03shares
  4. 04withdraw / redeem

What the standard actually covers

ERC-4626 describes a tokenised vault: users deposit an underlying asset and receive shares. Methods such as deposit, mint, withdraw and redeem, plus convertToShares and convertToAssets, make the interface predictable for wallets and aggregators.

What it does not cover

It does not say how the vault earns, who can upgrade it, which oracle it trusts, or whether you can leave today. Two ERC-4626 vaults can share an interface and share almost no risk profile.

A practical check

Confirm the underlying asset address, the share token, and whether the preview functions match what the strategy can actually settle. A preview that assumes instant liquidity is wrong for a vault that cannot exit its positions immediately.

Digital assets and DeFi protocols are high risk. You may lose some or all of the assets you deploy. AltVaults DeFi provides software, data and informational tools. It does not provide investment advice, recommendations, brokerage, custody, fund management or guaranteed returns.

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