Vaulta | Onchain Shadow Banking

Onchain Shadow Banking Protocol, Bankless by Design. Silent, Secure, Solvent.

Vaulta is a decentralized onchain shadow banking protocol designed to replicate the economic and functional role of traditional banks without assuming custodial, balance-sheet, or regulatory liabilities. Vaulta delivers liquidity access, credit routing, and yield-bearing settlement through a non-custodial architecture where funds remain permanently in user-owned smart vaults.

By combining AI-native capital orchestration, zero-knowledge solvency and compliance proofs, and deep composability across DeFi and tokenized Real-World Assets (RWAs), Vaulta establishes a new financial primitive: banking without deposits.

Shadow banking, in traditional finance, refers to financial activity that replicates bank-like outcomes without operating under a banking charter—often introducing opacity and systemic risk. Vaulta inverts this model by making shadow banking:

• Non-custodial

• Fully transparent at the system level

• Cryptographically provable

• Balance-sheet–less

Banking as a Function, Not an Institution

Vaulta starts from a foundational insight: Banking is not an entity—it is a set of functions.

Those functions include:

• Capital aggregation

• Liquidity transformation

• Credit access

• Settlement finality

• Yield optimization

Vaulta extracts these functions from the institutional shell of banks and implements them as protocol logic, governed by smart contracts, AI systems, and zero-knowledge proofs.

No Deposits, No Balance Sheet

Unlike banks:

• Vaulta does not accept deposits

• Vaulta does not pool user funds

• Vaulta does not rehypothecate assets

• Vaulta does not run maturity mismatches

Instead, all assets remain in user-owned smart vaults, and Vaulta only coordinates how those assets interact with external liquidity and credit systems.

This eliminates:

• Bank runs

• Insolvency risk

• Custodial failure

• Regulatory capital constraints