K KeyBay Capital Bitcoin L1 Yield Open Vault
App Blog Team Deposit Operations Open Vault
Bitcoin L1 Yield Infrastructure

Structured carry on native Bitcoin.

KeyBay operates a single managed vault that captures yield across funding basis, overcollateralized lending, and hedged options carry. BTC-denominated returns. Bitcoin mainnet settlement. No bridges.

Capital Preservation

Overcollateralized at 150%+. Delta exposure capped at 0.24. Drawdown-first risk framework applied across every sleeve.

Native Settlement

Every deposit and withdrawal settles on Bitcoin L1. No wrapped tokens. No bridge exposure. No Layer 2 counterparty risk.

Single Vault Architecture

One vault, three sleeve emphases. No product proliferation. Full transparency on allocation and risk posture at all times.

Institutional Custody

Anchorage-grade custody infrastructure with mempool-aware confirmation targeting and managed address pool rotation.

Settlement Bitcoin Mainnet
Lock Period 30-Day Rolling
Collateral Floor 150%+
Custody Grade Anchorage
K KeyBay Capital Bitcoin L1 Yield

Dashboard

Loading
Total Vault Balance $0.00
0.00000000 BTC Observed BTC
Available
0.00000000 BTC
In Escrow
0.00000000 BTC
In Transit
0.00000000 BTC
Recent Transactions Loading
Date Type Amount User Status
Waiting No custody activity yet 0.00000000 BTC KeyBay

Vaults

One vault, expressed through three sleeve emphases. Select a profile to configure your deposit.

No wallet connected

Select Vault

Your Position

Balance 0.00000000 BTC
Yield 0.00000000 BTC
Blocks 0
Status No position

Deposit Bitcoin

KeyBay Core Vault

BTC mainnet deposit address allocated after validation.

BTC

Connect a wallet to deposit into the vault.

No active checkout. Deposit above to begin.

Manual Custody Rail

For institutional depositors who cannot use a connected wallet.

For depositors who cannot use a connected wallet.

Activity

Vault Deposit Activity Loading
Date Type Amount User Status
Loading Fetching activity -- --

Credit Engine

Review Required

BTC-collateralized stablecoin credit facility. Conservative risk parameters.

Your Vaults

No credit vaults. Apply to open one.

Facility Terms

Max LTV 40%
Liquidation 50%
Interest 10% APR
Penalty 15%

How It Works

  • Deposit BTC as collateral into a dedicated vault
  • Borrow stablecoins (USDC/USDT) against your BTC
  • Maximum loan-to-value ratio: 40%
  • Margin call issued if LTV exceeds 40%
  • Liquidation triggered at 50% LTV
  • Repay debt at any time to reduce LTV
  • Full repayment closes the vault and releases collateral

New Credit Vault

Hybrid
BTC
Max LTV 40%
Liquidation 50%
LTV: 0% Max 40% · Liq 50%
40%
50%
USDC

Applications reviewed in 4–24 hours. BTC collateral deposit address assigned after approval.