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

# Vault Types

> Five ways to participate, from concentrated single-trader exposure to diversified pools.

Hyro offers five entry points for LPs, rolling out across phases.

<CardGroup cols={2}>
  <Card title="Individual Trader Vault" icon="user" href="/lps/deposits-withdrawals">
    Concentrated exposure to one trader's PnL. High risk, high upside.
    <br />**Live at launch (Phase 1)**
  </Card>

  <Card title="Hyro Pool" icon="layers">
    Diversified, auto-allocated exposure across all verified traders. The HLP / sUSDe analog for prop trading.
    <br />**Phase 2 (Q4 2026)**
  </Card>

  <Card title="Insurance Fund" icon="shield">
    Lower-yield, lower-risk pool. Covers drawdown overshoots, earns a share of challenge fees.
    <br />**Phase 3 (Q2 2027)**
  </Card>

  <Card title="Tier / Strategy Pools" icon="list-filter">
    Filtered exposure — e.g. "90%-tier only" or "swing only."
    <br />**Phase 3+**
  </Card>
</CardGroup>

<Card title="$HYRO Staking" icon="coins" href="/resources/roadmap">
  Token-denominated share of all protocol fees, plus governance. **Phase 3 (post-TGE).**
</Card>

## The Hyro Pool

Single-pool, "back the house" exposure has scaled repeatedly in crypto — Ethena USDe ($10B+), Hyperliquid HLP ($1B+), GMX GLP (\~\$600M). The Hyro Pool is the equivalent for crypto prop trading: deposit USDC, mint pool shares, get auto-allocated exposure across all currently-LP-fundable verified traders.

<Note>
  The Hyro Pool is the protocol's primary diversification product. Instead of picking one manager, you get broad coverage in a single deposit.
</Note>

## Choosing between them

| If you want…                         | Choose                  |
| ------------------------------------ | ----------------------- |
| To back one manager you believe in   | Individual Trader Vault |
| Broad, hands-off diversification     | Hyro Pool               |
| Lower risk, lower yield              | Insurance Fund          |
| Exposure to a specific tier or style | Tier / Strategy Pools   |
| Protocol-wide upside + governance    | \$HYRO staking          |