Fixed Term Vaults

Fixed Term Vaults facilitate fixed-term loans between an institution and on-chain suppliers. The institution borrows a configured supply asset against collateral at a scheduled rate and duration. Suppliers receive transferable vault shares representing a claim on the assets available when that vault reaches a terminal state.

Caution

Principal and target return are not guaranteed. A target APR is a scheduled display value, not a promise of payment. Counterparty performance, collateral value, liquidation, pause state, token behavior, shared system dependencies, administrative actions, and the assets actually available at settlement can affect when and how much a supplier can redeem.

Each loan uses a separate vault clone with its own assets, debt accounting, configuration, and supplier shares. It does not share liquidity with Venus Core Pool or another vault clone, but its on-chain behavior relies on shared controller, oracle, liquidation, ProtocolShareReserve, and access-control components. Users also depend operationally on the interface and its indexed data.

The product has two sides:

• Institution (borrower) — deposits collateral and may claim raised funds, repay debt, and recover collateral subject to the vault state and health checks.
• Supplier — supplies the loan asset during fundraising and later redeems a pro-rata share of the assets available in a terminal state.

Current published production deployments are on BNB Chain. Deployment addresses, vault registry entries, implementations, state, terms, risk parameters, pause level, and permissions are live data. A vault card or documentation page does not prove that a vault is currently open for supply: an instance can be pre-fundraising, locked, settling, terminal, or closed. Verify the selected vault before signing.

Pick Your Guide

Role	Guide
Institution — you want to borrow against collateral at a fixed rate and need to get a vault from Venus and walk through the full lifecycle	Institution Guide
Supplier — you want to supply during fundraising and understand the lock, settlement, and recovery paths	Supplier Guide

For contract behavior, see the Fixed Term Vaults Technical Reference. For address discovery, start with Deployed Contracts and then confirm the controller registry and chain explorer at a recorded block.