Royco Dawn

Two tranches.
Two risk profiles.

Royco is a non-custodial risk-tranching protocol that splits any yield source into two tranches — so you can choose your risk profile.

hero section background
hero section frame

Why Royco Dawn?

One yield source, two tranches.
Your risk, your terms.

Senior tranches get first-loss coverage. Junior tranches accept that risk in exchange for a larger share of variable yield.

positions
NeutrlAvantAutoCap

Royco Senior Vaults

One vault. Multiple Senior tranches.

Senior Vaults deposit across multiple tranches. Strategies are operated by an independent third-party curator. Yield is variable and not guaranteed.

Access structured yield

An independent curator manages strategy parameters within the vault's risk framework.

Access multiple yield sources

Senior Vaults deposit across multiple tranches, spreading interaction across different yield sources.

Use within DeFi

Strategies adapt across market conditions within defined parameters.

Royco Markets

Select your tranche.

Deposit into Senior tranches with first-loss coverage, or Junior tranches for higher variable yield with more risk.

royco markets background

Security you can verify.

A proven platform supported by audits from the world's leading security firms.

Hexens
Immunefi
Cantina
Halborn
Nethermind
Hypernative

Join the 155,000+
users on Royco.

join royco background