• THE PERMISSIONLESS RWA VAULT PROTOCOL

Unlock access to high-quality yield onchain.

Institutional-grade yield vaults backed by real-world assets and bluechip DeFi. Full transparency. Global access. No minimums.

Sierra protocol

Treasury teams and hedge funds grow their capital. Fintechs and platforms offer their users RWA and DeFi yield. Asset managers and RWA issuers unlock onchain distribution. Every use case runs on the same institutional stack.

Using the Sierra Protocol

Deposit, earn, launch with Sierra Protocol.

Deposit into
Curated Vaults

High-quality real-world assets used to be reserved for institutions. Sierra Protocol brings them onchain through vaults, curated by professionals who manage billions in assets for pension providers and insurers. Now your idle balances can earn from the real economy, self-custodied and usable anywhere onchain.

Power an
Earn Product

Give your users a reason to sign up, and a reason to stay. Use Sierra Protocol to power earn products directly in your platform, fully whitelabeled, so you control the user experience end-to-end, while Sierra Protocol handles the rest.

Launch
a Vault

Build a yield strategy tailored to your parameters. Through our infrastructure partnerships, Sierra Protocol works closely with partners who enables issuing customers to create custom vaults to your parameters. Our partners handle the smart contracts, legal structure, custody and reporting, while we provide onchain access.

HOW IT WORKS

Choose your own liquidity.

Most vaults lock you into one set of liquidity terms, so you build your product around them. Sierra Protocol flips that. Every vault starts simple: deposit, earn and withdraw. When you need more, upgrade to a Liquid Vault Token that can be traded, used as collateral and built on by other platforms, while still being backed by the vault.

Deposit & earn

Deposit, earn and withdraw any time. Nothing else to manage.

Enable permissionless deposits and withdrawals with a vault token that tracks value and interest without needing to move, plus full compliance controls for pausing and freezing—ideal for direct allocators, treasury management, non-custodial platforms and quick launches.

LIQUID VAULT TOKEN

Let your vault token trade, travel and work as collateral.

Access secondary market liquidity through Authorized Participants, cross-chain bridging via LayerZero OFT and an onchain NAV oracle from RedStone—ideal for product integrations, permissionless adoption, collateral, cross-platform use and instant liquidity.

reserve ASSETS

Unlock access to diversified high-quality reserve assets.

Access ready-made vaults or build your own, backed by a broad mix of real-world assets that are difficult to reach onchain.

Real-world assets

Money market funds Private credit AAA CLOs Commercial paper Trade receivables Hedge funds Active bond funds Asset-backed financing

DeFi

Managed DeFi Stablecoin Staking Collateralized Lending Yield Trading Liquidity Provision
Sierra

Vaults

  • SIERRA
  • Curated Vaults
  • Partner Vaults
  • + Your vault

the stack

Built with the industry's best.

Sierra Protocol brings leading institutional providers together in one auditable stack. Every customer gets it from day one.

Resources

Go deeper into vaults.

Blogs
A new look for Sierra
2 min read
•
Oct 22, 2026
Insights
Sierra Protocol Upgrades: Permissionless Minting, Claimable Redemptions and Enhanced Security
5 min read
•
Oct 8, 2026
Insights
Sierra Monthly Report - August 2026
5 min read
•
Sep 10, 2026