What is a Vault?
Order books need liquidity to function, but new tokens often struggle to attract market makers. These professional traders usually support only popular tokens with high volume. For new projects, hiring a market maker is expensive and often not an option.
Kuru’s Vaults solve this by combining the flexibility of AMMs with the structure of an order book. A vault spreads liquidity across many small orders using an AMM-style curve. Anyone can deposit into a vault and instantly become a liquidity provider, earning fees just like in AMMs.
Every Kuru market includes a vault by default. That means you can launch a token and have instant liquidity—no market maker needed. The order book stays open for all, allowing traders and professionals to participate as your market grows. Vaults are now live, and we’re excited to see how you use them.
For a more technical explanation, refer to Vault: Technical Deep Dive.