Dubai, UAE, August 28th, 2026, Chainwire Shyft’s first two vaults are nearly open. Shyft is nearing pre-deposits for shCORE and shYIELD, its first two Ethereum-based vaults, with inaugural st
Dubai, UAE, August 28th, 2026, Chainwire
Shyft’s first two vaults are nearly open.
Shyft is nearing pre-deposits for shCORE and shYIELD, its first two Ethereum-based vaults, with inaugural strategies defined and both vault contracts already deployed on mainnet.
Ahead of opening, Shyft has partnered with GAP3 Partners FZCO as Co-Curator of both vaults.
GAP3, the Gulf’s first licensed Virtual Asset Investment Advisor, holds an active VASP licence from Dubai’s Virtual Assets Regulatory Authority (VARA) for Advisory Services.
As Co-Curator, GAP3 provides research, analysis and recommendations to Shyft on vault strategy. With the inaugural allocations for shCORE and shYIELD now defined, GAP3 is working with Shyft on the curation framework around both vaults as the products move toward pre-deposits.
The first allocations are now coming into public view.
shYIELD
shYIELD carries the higher target return of Shyft’s two inaugural vaults. Its allocation combines Radiant Prime, Maple syrupUSDC and Gauntlet USD Alpha.
Radiant Prime is a fully hedged, market-neutral, multi-factor strategy executed across centralized exchanges, where deep liquidity supports efficient scaling. The strategy seeks returns from relative-value and basis opportunities while actively managing market, liquidity and counterparty risk.
Maple syrupUSDC adds onchain credit. syrupUSDC is an ERC-4626 vault whose yield comes primarily from institutional lending through Maple’s credit markets.
Gauntlet USD Alpha adds a separate stablecoin strategy spanning DeFi lending and delta-neutral opportunities.
Each sleeve earns through a different mechanism. shYIELD combines them within one professionally curated vault rather than relying on a single protocol or return source.
shCORE
shCORE is built around a more balanced yield mix. The vault combines Radiant Prime, Ondo USDY and Sky sUSDS, with a smaller Radiant Prime allocation than shYIELD.
Ondo USDY brings tokenized dollar yield into the vault through exposure backed by short-duration U.S. government securities and bank deposits.
Sky sUSDS provides liquid onchain dollar yield through the Sky Savings Rate, with yield reflected in the exchange rate between sUSDS and USDS.
Radiant Prime provides the market-neutral trading component of the allocation, giving shCORE a separate return source alongside its dollar-yield positions.
The two vaults start with distinct strategy mixes while operating through the same Shyft infrastructure.
Already Deployed on Ethereum
The shYIELD contract and shCORE contract are deployed on Ethereum mainnet.
Both use Ember, which supplies the vault technology, security, permissioning and operational controls behind Shyft’s infrastructure. Ember has published independent smart-contract audits covering the underlying system.
Once capital enters a vault, it is routed into dedicated strategy accounts according to the defined allocation. The onchain sleeves can be tracked through their respective contracts and accounting mechanisms.
Radiant Prime requires a different reporting path because its trading takes place on centralized exchanges.
Source-Level Reporting for Offchain Strategies
A block explorer cannot show positions held and traded inside centralized exchange accounts.
Accountable connects directly to the exchange accounts used by Radiant Prime through read-only APIs and independently calculates and verifies the quantitative data behind NAV, P&L, allocation and historical performance.
RedStone is independently verifying Radiant Prime through its own direct connections to the underlying exchange accounts, covering portfolio data including NAV, P&L, exposure and capital deployment.
Radiant Prime has also integrated Chainlink Proof of Reserve, bringing the strategy’s reported NAV and reserve data into an onchain verification path.
For Maple, Gauntlet, Ondo and Sky, valuation is derived through their respective onchain balances, share prices, redemption prices and contract accounting.
Together, these systems give allocators source-level visibility into the data behind vault reporting, including strategies that cannot be inspected directly on Ethereum.
Pre-Deposits Are Next
shCORE and shYIELD pre-deposits are expected to open soon.
Access details, final allocations and pre-deposit terms will be published through shyft.finance and @Shyft_Finance.
About Shyft
Shyft Finance is a purpose-built yield management platform giving institutional and retail allocators self-custodial access to professionally curated vaults spanning DeFi, private credit, T-bills, real-world assets and market-neutral trading strategies.
By unifying institutional-grade opportunities with specialized infrastructure and source-level reporting, Shyft brings the full yield stack together, making sophisticated strategies easier to access, evaluate and verify.
About GAP3 Partners
GAP3 Partners FZCO is a Dubai-based Virtual Asset Service Provider licensed by VARA for Advisory Services. GAP3 provides virtual asset advisory across investment strategy, product structuring and market execution. Its licence details are available through the VARA Public Register.
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