Deposits
How a deposit goes from your wallet into a protocol.
A deposit moves money from your Pecun wallet into the protocol you picked. In return you usually receive a vault or position token that represents your share and grows as the vault earns.
What happens when you deposit
- 1
You choose an amount
Pecun shows what you'll deposit, the fee, the APY after fees and how withdrawals work for this vault. - 2
Pecun prepares the transaction
If the vault takes a different asset from the one you hold, Pecun finds a swap route first and includes it. - 3
You approve it
Nothing moves until you confirm from your wallet. - 4
It settles on-chain
Your funds go straight into the protocol. The position appears in your portfolio, with pending items tracked until they settle.
Good to know
- Some vaults have a deposit cap. When a vault is full, deposits pause until there's room.
- A vault that the protocol has closed shows as closed and won't take new deposits.
- Pecun takes a small fee on each deposit, shown before you confirm. See Fees.
- Blockchain transactions are final once confirmed. Check the amount and the vault before you approve.
Deposits are opening in stages
If a vault isn't open for deposits through Pecun yet, the vault page says so and the deposit button is disabled.