Finance News

Story: Veda Opens Kraken DeFi Earn Vault Stack to 2,000-Plus Privy Developers

By James Thorp

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What the Vault Stack Actually Does. Veda's vault stack is the core engine behind yield-generating DeFi products.

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Why This Matters for DeFi Development. DeFi has a real infrastructure problem. The headline protocols — the big lending platforms, the…

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Open Questions and What's Not Clear. Veda and Privy haven't disclosed pricing details for the API access, so it's unclear whether this…

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Veda just handed a serious piece of infrastructure to a lot of builders. The company is releasing the vault stack technology that powers Kraken DeFi Earn — and EtherFi's Liquid —…

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That's a pretty big distribution move. Vault stack technology of this kind has typically sat behind closed doors, available only to the platforms that commissioned it or the…

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Veda's vault stack is the core engine behind yield-generating DeFi products. It handles the logic that routes assets, manages liquidity, and keeps the underlying mechanics of a…

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The fact that it's now accessible via a self-serve API is kind of a big deal for anyone trying to build a DeFi product from scratch.

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Privy's platform gives Veda a meaningful launch pad. Over 2,000 developer teams already operate there, and Privy has built a reputation for making Web3 development more…

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DeFi has a real infrastructure problem. The headline protocols — the big lending platforms, the major DEXs — get all the attention, but the mid-tier and emerging projects often…

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Veda's move probably changes that calculus for a lot of smaller teams. If you're a developer on Privy's platform and you want to build a yield product, a structured DeFi…

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Related: Radiant Capital Shuts Down After 2024 Hack Drains User Confidence

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And the self-serve model matters. It's not just about access — it's about speed. A team that can integrate vault functionality in days rather than months can test product ideas…

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It's also worth noting what this says about where Veda is positioning itself. Making the technology available to 2,000-plus developers isn't a quiet partnership announcement.

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Veda and Privy haven't disclosed pricing details for the API access, so it's unclear whether this is free, tiered, or usage-based. That matters a lot for adoption rates.

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There's also no detail yet on what customization developers get. Vault stack technology can be highly configurable — different risk parameters, different asset types, different…

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