Nice report by
@vaultsfyi ๐
On the spectrum, Lagoon sits near "humans enforce the mandate". That's the default, not the ceiling:
๐น
@zodiaceco roles โ permissions are onchain, anyone can read them
๐น MPC custody โ permissions live at the signer level, offchain
Same rails, different trust surface. The curator decides where on the spectrum their vault lives, and depositors can verify which one.
Weโre publishing The State of DeFi Curation 2026, the most comprehensive analysis of curated onchain markets to date.
The report maps $11.29B across 856 vaults, 131 curators and 18 protocols. It shows who manages the capital, where it sits and what sits underneath.
๐
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