what's Karpatkey?
Karpatkey is a decentralized finance (DeFi) treasury management firm that provides non-custodial, on-chain financial services to decentralized autonomous organizations (DAOs) and DeFi protocols. Specializing in digital asset management, it focuses on optimizing treasury operations through strategies like yield generation, risk assessment, and liquidity provision while maintaining security and decentralization. The firm builds infrastructure for scalable asset management, including curated lending pools and liquidity networks on platforms like Gearbox Protocol. By applying professional standards to open DeFi ecosystems, Karpatkey enables organizations to manage assets efficiently, participate in governance, and support ecosystem growth without centralized custody.
Karpatkey integrated DeFi Saver for automated yield; USDC Prime vault holds $7M, instant withdrawals.
Links
x.com/kpk_ioIntegrated with DeFi Saver's Smart Savings product to provide automated yield exposure through their vaults.
Reached $7M in USDC Prime vault deposits with 100% atomic liquidity (instant withdrawal capability).
Participated in Twitter Space on curation with DL Research, DeFi_Dad, Nomatic Capital on February 25, 2026. Featured in Nomaticcap's yields report analyzing the yield vault.
Curates isolated lending markets with Securitize and Euler Finance for RWA lending, enabling tokenized funds from VanEck and Apollo as collateral, configuring risk parameters including LTVs, collateral caps, liquidation thresholds, and oracle frameworks for DS Protocol tokens.
Integrated or partnered with Summer Finance.
Karpatkey curates lending markets for Reserve Protocol's ETH+ pool on Gearbox, featuring auto-compounding through Beefy Finance and boosted rewards via Convex Finance staking.
Gnosis community votes overwhelmingly to remove Karpatkey from treasury management, citing poor responsiveness and lack of adaptability.
GnosisDAO is discussing firing Karpatkey as its treasury management company, despite Karpatkey originally being spun out from Gnosis.
Expanded curated vaults to MorphoLabs; managed Morpho Yield vaults during Resolv exploit ($80M USR minted, $25M ETH drained) by limiting RLP exposure, withdrawing full position in one block, and closing exposed positions, leaving DAO treasuries unaffected. Launched KPK USDT Prime vault on Morpho, a curated USDT lending vault with strict collateral and robust liquidity.
Safe Ventures announces Karpatkey as part of their 24+ company portfolio focused on self-custody infrastructure and account abstraction.
Launched KPK App, an interface for activated Vaults V2, featuring a fully onchain, verifiable, noncustodial design for risk-managed onchain yield, curated by Keyrock and Gauntlet.
Karpatkey integrates RedStone as oracle provider for curated vaults on Gearbox Protocol, now live with over $45M in TVL.
Karpatkey disables swapping through Balancer on Permissionless markets as a precautionary measure, with legacy DAO pools scheduled to restrict Balancer routes shortly following an incident affecting Balancer.
Permissionless WETH pool now delivers 3X the returns of legacy pools using Gearbox infrastructure, up from 2X yield reported previously.
yoUSD vault adds Morpho USDCV Prime earning ~9% APY/7d, and yoEUR vault adds Karpatkey-curated EURC on Morpho earning 5.3% APY/7d.
Markets cross $40M TVL within one week of launch, with over $12M in active credit deployed across Ether.fi, Mellow Protocol, and Reserve Protocol.
yoETH adds Karpatkey-curated ETH and wstETH markets to its platform, expanding yield sources for yoETH users.
Permissionless WETH pool offers 5% APY, representing 2X the yield compared to the DAO-governed WETH pool.
Migration for leveraged positions goes live, enabling users to move from ETH and wstETH pools to Permissionless pools with 4X more opportunities, lower slippage, and GEAR rewards.
New curated markets launch on Gearbox Protocol with rsETH collateral support and 2-month GEAR and ETH+ incentive program for depositors and borrowers in WETH and wstETH pools.
Gearbox launches lending pools curated by karpatkey offering up to 19% APY on wstETH.
New curated ETH and wstETH Earn Pools launch on Gearbox through partnership with Gearbox Protocol and Reserve, offering two months of GEAR and ETH+ incentives.
Migration to Permissionless pools is now live, offering $150K+ in rewards for ETH and wstETH lenders who migrate.
Lenders can migrate from DAO-governed ETH pools to Permissionless markets starting Wednesday, following 100%+ growth and deployment on 25+ EVM chains.