Intent
How it works
USDC
Delta vault → vault shares
PT
Sell on AMM
YT
Holds variable yield
Fixed APR locked
PT is sold at a discount on the yield-AMM. The discount equals the implied fixed rate. The intent router validates that the achieved rate ≥ your target before confirming.
Target Fixed APR
15%
30-day tenor · not started
Sessionnot started
Amount
—
Target APR
15%
Duration
30d
Market
—
Steps0/3 complete
01
Configure
Pick target APR, tenor, market, and amount.
Active
02
Deposit
USDC → delta vault. You receive vault shares.
Pending
03
Split
Vault shares → PT + YT principal/yield tokens.
Pending
04
Swap
Sell PT for underlying — locks in your fixed rate.
Pending
Connect your wallet to start an intent session.