> ## Documentation Index
> Fetch the complete documentation index at: https://docs.seabond.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Vaults

> Understand SeaBond vaults.

Vaults are SeaBond fund management products for on-chain trading. Regular users are **vault participants** by default and cannot create vaults directly. Only SeaBond-reviewed **vault partners** can create, configure, and manage vaults.

## In this section

| Page                                      | What it explains                                                                                                     |
| ----------------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| [Vault participants](/vi/vaults-investor) | Browse vaults, review metrics, allocate capital, add or reduce allocation, exit, and set personal stop-loss.         |
| [Vault partners](/vi/vaults-partner)      | Apply for partner permission, create vaults, manage vaults, review profit share, and handle stopping or liquidation. |

<Info>
  If you only want to participate in a vault, start with Vault participants. If you want to create or operate vaults, start with Vault partners.
</Info>

<Warning>
  Historical return, win rate, annualized return, and performance curves only reflect past data and do not represent future results.
</Warning>