Crypto Lending Vault Deposits Surpass $10 Billion as Regulators Focus on Collateral and Smart Contract Risks

According to CoinDesk, total deposits in crypto lending vaults have exceeded $10 billion, representing a significant increase from $4 billion at the beginning of last year. These vaults are typically managed by "Curators" responsible for selecting lending strategies, setting risk limits, and charging fees. Annualized yields generally range from 3% to 10%, with high-risk strategies reaching 20% or higher.