Multiply

Multiply is a one-click vault strategy that allows users to amplify their exposure to yield-bearing assets through automated leverage management.

Instead of manually executing looping strategies — repeatedly supplying assets, borrowing against them, and re-supplying the borrowed assets — Multiply automates the entire process within a managed vault.

Users simply deposit assets into the vault, and the strategy automatically handles leverage, looping, and position management.

This allows users to benefit from leveraged yield opportunities while avoiding the operational complexity of manual DeFi strategies.

How Multiply Works

Multiply automates a recursive lending strategy:

  1. You deposit a base asset (e.g., SUI or other supported assets).

  2. The vault supplies the asset as collateral.

  3. It then borrows against that collateral.

  4. The borrowed asset is re-supplied.

  5. This process repeats based on the automated leverage level.

By looping the position, your total supplied balance increases — allowing you to earn amplified yield compared to a simple deposit.

Key Benefits

  • One-click execution — no manual looping required

  • Capital efficiency — increased exposure to yield-bearing assets

  • Transparent position details, including leverage level and health factor

How to Use Multiply

  • Go to the Earn page to view available Multiply strategies.

  • Select the Multiply vault you want to participate in.

  • Enter the amount you wish to deposit.

  • Review the strategy details, including fees and projected returns. Confirm the transaction.

  • Once deposited, the vault will automatically execute the leverage strategy in the backend.

Managing Your Multiply Position

After opening a Multiply position, users can:

  • Add more assets to increase their exposure within the vault

  • Withdraw partially or fully from the strategy

When a withdrawal is requested, the vault automatically:

  • Unwinds the leveraged position

  • Repays outstanding debt

  • Performs necessary asset swaps

  • Returns the remaining assets to the user

Users do not need to manually close loops or repay borrow positions.

If a withdrawal waiting period applies, assets will be automatically returned to the user’s wallet once the required time has passed.

Is there a fee required?

Multiply is designed to provide a streamlined leveraged strategy while maintaining a simple and transparent fee structure.

Borrow Fee No borrow fee is charged for positions opened through Multiply.

Flash Loan Fee Flash liquidity used during vault operations (such as looping, rebalancing, or unwinding positions) does not incur additional flash loan fees for users.

Withdraw Fee A 0.17% withdraw fee is charged by Volo when users withdraw from the Multiply vault.

Performance Fee Multiply applies a 10% performance fee on strategy profits. To promote this feature, the fee is temporarily waived.

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