Building Yield-Bearing Token Vaults on Solana

Learn how to create token vaults on Solana that automatically compound yield from staking, lending, and other DeFi protocols.

Overview

Yield-bearing vaults are fundamental DeFi primitives that allow users to deposit tokens and automatically earn returns. This tutorial walks through implementing such vaults on Solana.

Key topics covered:

  • Understanding Solana's token vault architecture and the SPL Vaults program
  • Implementing deposit/withdrawal mechanics with proper share calculations
  • Adding yield strategies by integrating with lending protocols and stake pools
  • Managing slippage and fees for optimal returns
  • Implementing automatic compounding through Clockwork automation
  • Security considerations for vault programs

This guide is essential for DeFi developers looking to build composable yield products on Solana, whether for staking rewards, lending interest, or LP fee accumulation.