💰Withdrawing Assets
Overview
This page explains how to withdraw assets from a Vault on Secured Finance.
Withdrawing assets involves redeeming your Vault Shares in exchange for the underlying asset. The amount you receive depends on the current value per share at the time of withdrawal.
Before You Withdraw
Before withdrawing from a Vault, please note the following:
You must have an active Vault position
Your wallet must be connected to the correct network
The amount you receive may differ from your original deposit
Vault withdrawals are not fixed-rate and not guaranteed
Withdrawals are processed on-chain and are subject to network conditions and strategy liquidity.
What Happens When You Withdraw
When you withdraw assets from a Vault:
Your Vault Shares are redeemed
The Vault retrieves assets from the underlying strategy
The corresponding amount of the base asset is transferred to your wallet
If yield has been generated, you may receive more than your initial deposit. If losses occurred, you may receive less.
Step-by-Step: Withdrawing Assets
Step 1: Connect Your Wallet
Open the Secured Finance application
Click Connect Wallet
Confirm the connection in your wallet
Your active Vault positions will be displayed once connected.
Step 2: Locate Your Vault Position
Navigate to Vaults or Portfolio
Select the Vault you wish to withdraw from
For example: JPYC Lending Vault
Review your current:
Vault Share balance
Estimated asset value
Step 3: Choose Withdrawal Amount
Enter the amount you wish to withdraw
Some interfaces allow withdrawing by asset amount
Others allow withdrawing by share amount
Review the estimated amount you will receive
The estimate is based on the current Vault share price.
Step 4: Confirm Withdrawal
Click Withdraw
Confirm the transaction in your wallet
Wait for the transaction to be confirmed on-chain
Once confirmed, the redeemed assets will be sent to your wallet.
Partial vs Full Withdrawals
Partial withdrawal
Redeems a portion of your Vault Shares
Remaining shares continue to earn yield
Full withdrawal
Redeems all Vault Shares
Closes your Vault position
Both options follow the same withdrawal process.
Liquidity Considerations
Withdrawals depend on the liquidity available within the strategy.
In certain market conditions:
Withdrawals may take longer to process
The amount received may be affected by liquidity constraints
These behaviors are strategy-dependent and are covered in more detail in the Core Mechanics section.
After Withdrawing
After a successful withdrawal:
Your Vault Share balance will be updated
Your wallet will receive the withdrawn assets
Any remaining shares will continue to accrue yield
All transactions can be reviewed on-chain using a block explorer.
Important Notes
Withdrawals incur blockchain transaction fees
Vaults do not enforce fixed lock-up periods by default
Share value may fluctuate between deposit and withdrawal
Withdrawing does not retroactively lock in past yields
Next Steps
After withdrawing assets, you may want to:
Monitor remaining Vault positions
Re-deposit assets
Learn how to manage and track your Vault performance
These topics are covered in the following sections.
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