Who manages the money in vaults?
#TermMax I looked into who actually manages the money in the TermMax vaults, and the list surprised me: Keyrock, MEV Capital, Edge Capital — firms that have been doing market-making in crypto and TradFi for years.
The logic for lazy capital is simple: you don’t want to place orders yourself and chase the rates—so you deposit into a vault, and the curator allocates it across markets. Meanwhile, idle funds don’t sleep: the protocol automatically parks them in Aave or Morpho.
But the curator is a human factor: their strategy, their mistakes. That’s why before depositing, look at the history of the specific vault—not the APY figure on the storefront.
Personally, the “a pro manages, I just watch” format is fine for part of my portfolio, but definitely not for all of it.
@TermMax $TMX
Would you trust your deposit to a curator? 👇
#TermMax I looked into who actually manages the money in the TermMax vaults, and the list surprised me: Keyrock, MEV Capital, Edge Capital — firms that have been doing market-making in crypto and TradFi for years.
The logic for lazy capital is simple: you don’t want to place orders yourself and chase the rates—so you deposit into a vault, and the curator allocates it across markets. Meanwhile, idle funds don’t sleep: the protocol automatically parks them in Aave or Morpho.
But the curator is a human factor: their strategy, their mistakes. That’s why before depositing, look at the history of the specific vault—not the APY figure on the storefront.
Personally, the “a pro manages, I just watch” format is fine for part of my portfolio, but definitely not for all of it.
@TermMax $TMX
Would you trust your deposit to a curator? 👇
