Latest receipt
2026-07-08 09:40 UTC
Structured Predict carryDeepBook Predict · capDUSDC shares
DeepBook Predict,packaged.
CapletFi is the structured-product layer for DeepBook Predict. One dUSDC deposit becomes capDUSDC shares, PLP carry, a policy-capped downside hedge, settlement, and a receipt.
Sui testnetlive objects
DeepBook Predictpriced hedges
capDUSDCvault shares
Walrusreports
01
One deposit
Receive capDUSDC vault shares against NAV.
02
One package
PLP carry plus a downside Predict hedge.
03
One receipt
Every roll links back to Sui and Walrus proof.
Ledger rows
392 receipts
Open / close
198 / 194
Simulation
751 cycles
Built for verifiable outcomes
Carry, hedge, and proof stay in one vault loop.
The live product screen is the proof surface: DeepBook prices the hedge, Sui records the roll, and receipts stay attached to the user flow.
quote -> mint
Predict hedge
DeepBook Predict prices and mints the downside binary.
supply -> withdraw
PLP carry
Unreserved dUSDC routes through the Predict PLP leg.
Sui + Walrus
Replayable proof
Receipts link each roll to transactions and reports.
Treasury readout
Underwrite the vault in one screen.
DeepBook Predict gives raw BTC outcome markets. CapletFi packages them into a treasury-readable position with terms, risk rails, settlement, and receipts.
Current terms
3.7457 dUSDC cycle budget
Active downside hedge around $62,976; ask spread 443 bps.
Open receipt ->Risk rails
Policy-capped, not guaranteed
Hedge budget, strike band, reserve, and ask-gate checks constrain execution; NAV still moves with premium drag and PLP outcomes.
Review ->DeepBook dependency
Predict is the engine
The package requires Predict pricing, binary minting, PLP supply, redemption, and withdrawal. Remove Predict and the product loop disappears.
Review ->Receipt trail
138.1237 dUSDC last realized
Latest close 52MA51vL…zSAwdv marks settlement, PLP withdrawal, manager sweep, and NAV.
Open receipt ->Vault tape
Carry, hedge, receipt. Repeat.
Every row below is a committed vault cycle: open the hedge and PLP leg, then close against the oracle and mark NAV.
Cycle closed
2026-07-08 09:40 UTC
- Settlement
- $62,808
- PLP realized
- 131.4756 dUSDC
- NAV after
- 152.7321 dUSDC
Cycle opened
2026-07-07 19:07 UTC
- Budget
- 3.7457 dUSDC
- Strike
- $62,976
- Ask spread
- 443 bps
Cycle closed
2026-07-07 08:46 UTC
- Settlement
- $63,036
- PLP realized
- 132.1664 dUSDC
- NAV after
- 149.8298 dUSDC
Cycle opened
2026-07-06 20:16 UTC
- Budget
- 3.7654 dUSDC
- Strike
- $62,941
- Ask spread
- 404 bps
Cycle closed
2026-07-06 20:16 UTC
- Settlement
- $63,796
- PLP realized
- 132.2198 dUSDC
- NAV after
- 150.6163 dUSDC
Cycle opened
2026-07-06 18:13 UTC
- Budget
- 3.767 dUSDC
- Strike
- $63,011
- Ask spread
- 4,417 bps
How the vault works
Prediction markets are for traders. CapletFi is for allocators.
The vault turns DeepBook Predict's shared liquidity and binary hedges into one treasury-readable position. The note desk remains available for bespoke one-off terms.
01
Deposit
dUSDC mints capDUSDC shares against vault NAV.
02
Earn
The liquid buffer supplies PLP carry on DeepBook Predict.
03
Hedge
A policy-capped downside binary covers crash cycles.
04
Receipt
Sui receipts show every open, close, deposit, and exit.
DeepBook call path
Predict does the work.
Every roll depends on DeepBook Predict pricing, binary minting, PLP supply, redemption, and withdrawal.
01
Quote
predict::get_trade_amounts
reads the executable SVI-priced ask
02
Hedge
predict::mint
buys the downside binary
03
Carry
predict::supply
deploys unreserved dUSDC into PLP
04
Settle
predict::redeem_permissionless
redeems the binary after oracle close
05
Realize
predict::withdraw
returns PLP value into NAV
Product paths
Vault first. Risk and receipts stay in the flow.
The technical evidence stays attached to the product screens, so the user sees what moved and why.