Deposit SOL. The squad trades it.

The Kabal Vault is a non-custodial yield product backed by the squad's live trading. Pick your tier. Deposit SOL. Claim your share of PnL on chain. No LPs, no IL, no black box.

Three tiers

Tier 1

Conservative

Reaver only · tight caps

Target APR

12-25%

SOL-denominated

Only Reaver (PUMP_PHASE strategy) trades
Position size max 0.25 SOL
Daily loss cap tightened to 2%
Stable pump.fun launches only
Weekly redemptions, no lockup

Tier 2 · Default

Balanced

Full squad, default caps

Target APR

40-80%

SOL-denominated · wide variance

All 4 traders active (Reaver, Ash, Myth, Ravage)
Position size max 0.50 SOL
Daily loss cap 5%
Full ghost filter + Sentinel veto
Bi-weekly redemptions

Tier 3

Aggressive

Higher caps · Kelly-leveraged

Target APR

80-200%

Variance can kill you

All traders + narrative-biased sizing
Position size max 1.5 SOL
Daily loss cap 10%
Kelly sizer, no haircut
Monthly redemption, 30-day lockup

⚠ Risk disclosure

Target APR is a target, not a promise. Aggressive tier can lose 30%+ in a bad week. Conservative tier can have flat months. Trade outcomes are 100% deterministic from the squad's on-chain log — you will be able to verify every SOL moved before and after you deposit. Pump.fun memecoins are high-variance instruments by definition.

How the vault works

Deposit SOL

Send SOL from your wallet to your tier's vault program. Get kSOL shares back, pro-rata.

Squad trades

Your deposit pools with other depositors. The squad treats the pool as its trading bankroll, sized by tier caps.

PnL accrues

Every closed trade updates the vault's NAV. Your kSOL share value moves with it — up and down.

Redeem

Burn kSOL, claim your pro-rata SOL back. Subject to tier's redemption window + performance fee.

Fees

2% annualized management fee (pro-rated) + 20% performance fee on realized PnL, only above high-water mark. No entry fee. No exit fee if redeemed during the tier's redemption window. Fee math is exposed on the vault page — you will see your net vs. gross every block.

The vault is non-custodial in the sense that it matters: you can always see on-chain what the pool holds, and redemption is smart- contract-enforced, not "email us to unwind". Kabal cannot move your share to a different wallet.

Timeline

Vault contracts ship Q3 2026, after the 72h live burn-in completes. Initial cap is 1,000 SOL total TVL across all three tiers, scaling up as live performance confirms the paper baseline. HNW Singapore cohort gets first-access via the Angel round (angel.kabal.trade).

Questions

Why tiers instead of one product?

Risk tolerance matters. A family office and a degen want very different exposures. Tiers let us serve both without one compromising the other — each tier is a separate vault contract with separate caps.

Can I switch tiers?

Redeem from one, deposit to another. The underlying is SOL — no custom asset in between. No tax-event implications for us to worry about beyond what a normal redeem/deposit would carry in your jurisdiction.

What's the deposit minimum?

TBD per tier. Probably 0.5 SOL for Conservative, 2 SOL for Balanced, 10 SOL for Aggressive at launch — sized to make the vault operationally sane, not to be exclusive.

What happens if the squad blows up?

Tier caps are the structural backstop. Aggressive tier has a 10% daily loss cap — Sentinel will halt the tier before it loses more in a day. You'd still get back whatever's left in the pool pro- rata, but a catastrophic event would be capped, not zero.