Topaz

Getting started

Getting started

New to DeFi? This page walks you from zero to your first deposit. No jargon required — we explain the few terms you need as we go.

What is a Topaz Vault?#

A vault is a smart contract that puts your crypto to work and reinvests the earnings for you automatically. You deposit a pair of tokens (or just one — see zapping), the vault provides that liquidity on the Topaz exchange, earns trading fees and TOPAZ rewards, and regularly converts those rewards back into more of your position. That last part is called auto-compounding: your stake grows without you having to claim and re-stake by hand.

Think of it like a high-yield strategy that runs 24/7. You hold a share token that represents your slice of the vault; as the vault compounds, each share becomes worth a little more.

Non-custodial — you stay in control

Topaz never holds your funds. Your deposit lives in an audited-style on-chain contract, and your shares sit in your wallet. You can withdraw at any time, directly from the blockchain, without asking anyone for permission.

What you'll need#

  • A crypto wallet. Any BNB Chain–compatible wallet works (for example MetaMask, Rabby, or a Topaz ID smart wallet). The site connects through a standard wallet popup.
  • A little BNB for gas. Every blockchain action costs a small network fee paid in BNB. Keep a few dollars' worth in your wallet so transactions can go through.
  • The tokens you want to deposit. You can deposit the two tokens a vault uses, or zap in with a single token (or BNB) and let the vault split it for you.

Make your first deposit#

1

Connect your wallet

Click Connectin the top-right corner and pick your wallet. Make sure it's set to BNB Smart Chain; the site will prompt you to switch networks if needed.
2

Pick a vault

Browse the vaults listand open one whose token pair you want exposure to. The vault page shows its TVL, estimated yield, and whether it's currently in range (earning).
3

Enter an amount

Type how much you want to deposit. You can deposit both of the vault's tokens, or switch to zapmode to deposit a single token or BNB. The app previews how many shares you'll receive.
4

Approve & confirm

The first time you deposit a token, your wallet asks you to approve it (a one-time permission). Then confirm the deposit transaction. Both steps cost a little BNB in gas.
5

Done — you're earning

Your shares appear in your position panel. From here the vault compounds automatically. Come back anytime to add more or withdraw.

Slippage protection is automatic

Every deposit, withdrawal, and zap on this site includes a built-in minimum-output guard, so you're protected from getting meaningfully less than the preview shows. You don't need to configure anything.

Reading a vault#

A few numbers you'll see on every vault:

  • TVL — total value locked, i.e. how much is deposited in the vault.
  • APR / APY — an estimate of yearly yield. APY already accounts for compounding. See Fees & yieldfor exactly how it's derived.
  • In range— a concentrated-liquidity vault only earns while the price sits inside its active range. A green “in range” badge means it's earning; the strategy re-centers automatically if the price drifts. More in The strategy.
  • Your position— your shares, what they're worth now, and your profit/loss once you've deposited.

Deposits can pause for a moment

When the market is moving sharply, deposits and zap-ins are briefly paused to protect you from bad pricing (the vault checks that the market is “calm” first). Withdrawals are never paused — you can always exit. This is normal; try again shortly.

Next steps#

Ready to go deeper? Learn how the vaults actually work, or how the concentrated-liquidity strategy keeps your liquidity productive.

How vaults workThe strategyRisks & security