Active Vaults
The following yield products are live on Cabal. Vaults may evolve over time as strategies and market conditions change.
Cabal iUSD
A low-risk stablecoin yield vault that deploys iUSD into DeFi lending strategies on Echelon to earn supply-side APR, supplemented by protocol incentives from the Initia Foundation. All rewards are auto-compounded back into iUSD.
| Accepted Tokens | iUSD |
| Receipt Token | cbl iUSD |
| Yield Sources | Echelon lending APR, protocol incentives |
| Withdrawal | On request (up to 7 days) |
| Withdrawal Fee | 0.3% |
Cabal Delta Neutral INIT
A delta-neutral strategy that earns stable yield on iUSD while hedging away directional market exposure. The vault supplies iUSD as collateral on Echelon, borrows INIT against it, and deploys the borrowed INIT into the xINIT-INIT LP pool — capturing LP fees, bribe incentives, and VIP rewards while remaining price-neutral on INIT.
| Accepted Tokens | iUSD |
| Receipt Token | dnIUSD |
| Yield Sources | xINIT-INIT LP fees, Echelon iUSD lending supply, bribes, VIP rewards |
| Risk Profile | Low |
| Withdrawal | On request (up to 7 days) |
| Withdrawal Fee | 0.3% |
Go to Delta Neutral INIT vault.
Staked xINIT
A yield-bearing position designed to optimize rewards associated with xINIT through compounded staking rewards and bribe incentives from appchains.
| Accepted Tokens | xINIT, INIT |
| Receipt Token | sxINIT |
| Rewards | USDC, INIT, xINIT, sxINIT |
| Risk Profile | Asymmetric |
Cabal USDC-INIT LP
A managed liquidity position designed to optimize returns on the USDC–INIT liquidity pair through compounded LP rewards and bribe incentives from appchains.
| Accepted Tokens | USDC, INIT, USDC–INIT LP |
| Receipt Token | cbl USDC-INIT LP |
| Rewards | USDC, INIT, xINIT, USDC-INIT LP |
| Risk Profile | Growth |
Go to Cabal USDC-INIT LP vault.
xINIT-INIT LP
A liquidity pool supporting xINIT-based strategies and ecosystem liquidity that earns rewards from appchain incentives.
| Accepted Tokens | xINIT, INIT |
| Receipt Token | xINIT-INIT LP |
| Rewards | xINIT, INIT |
| Risk Profile | Growth |
Cabal xSLP
Cabal's liquid wrapper around Strat LP (SLP), the liquidity token earned by providing liquidity on Initia's upcoming perps DEX. As an SLP holder, the vault acts as counterparty to traders — earning fees and funding rates, but also bearing trader PnL risk. xSLP can be used as lending collateral on Echelon to earn boosted SLP yield without locking up your position.
| Accepted Tokens | iUSD |
| Receipt Token | xSLP |
| Rewards | xSLP, Cabal Points, Strat Points |
| Risk Profile | Growth |
Withdrawals are epoch-gated and two-step: request a withdrawal to burn your xSLP and queue the position, then claim iUSD once your unlock epoch begins. Because SLP holders are counterparty to traders, APY reflects recent realized performance and can turn negative during stretches when trader PnL runs against the pool.
