Real-Time Verified Credit Is Here: Valos Launches $100M Vault on YieldApp
$100M of institutional credit is now verifiable in real-time.
Valos is launching its Private Credit Vault on YieldApp, the first institutional credit vault where allocators can verify loan deployments and borrower financial health continuously through Accountable’s Data Verification Network (DVN).
The vault launches with $100M in initial allocations and $200M in current capacity, is built on Monad’s blockchain and uses Agora’s AUSD for transfers into and withdrawals from the vault. It marks the first institutional-grade private credit product launching on Monad and the first offering of its kind on YieldApp, Accountable’s marketplace for verifiable yield opportunities.
Overview
Valos is a digital asset manager with particular expertise in institutional private credit, delivering yield through lending to tier-1 market makers that sustain liquidity across digital asset markets. Valos’ track record and scale are impressive: over 50 active loans and a track record of more than $1 billion deployed to leading counterparties.
That track record matters, but for onchain credit, track record alone isn’t enough. Institutions don’t have a yield problem. They have a risk visibility problem. When you can’t continuously verify what’s backing yield, you’re not underwriting a strategy, you’re underwriting trust.
Why this matters
Onchain credit markets have suffered repeated failures due to opacity, making the “trust us” claim no longer credible, not just for retail participants, but for anyone underwriting a counterparty at scale.
The missing piece to onboard institutional investors hasn’t been product returns. It’s been risk visibility at the speed at which credit actually moves. Allocators must have continuous visibility into: where assets were deployed, what liabilities existed, and how quickly solvency could change when markets moved.
That is the core this vault represents:
Monthly reporting cycles collapse into continuous verification
Transparency stops meaning “expose everything” to the public. It becomes privacy-preserving proof
Onchain credit stops being a narrative. It becomes an infrastructure-backed market structure
“The gap between what institutional allocators demand and what crypto credit markets can prove has been massive. Valos closes it by making verification the foundation, not an add-on. This vault demonstrates what’s possible when transparency is built into infrastructure from day one, and it sets the bar for everything that follows.”
— Wojtek Pawlowski, Co-Founder & CEO, Accountable.
This vault represents a milestone for Accountable’s infrastructure. Since launching DVN in 2024, the company has verified billions in assets for clients including Galaxy, Keyrock, Solstice and Neutrl. The Valos vault marks DVN’s expansion into institutional private credit: proving the verification layer works across asset classes, not just single use cases.
What makes this vault different
Most onchain credit vaults still ask allocators to underwrite the same thing: the operator’s reputation or selectively disclosed information.
This vault, alongside all YieldApp vaults, flips the model.
The Valos Private Credit Vault is verified live, not by Valos asserting performance or a dashboard controlled by a third-party auditor, but by neutral verification infrastructure that is designed to prove key financial truths without exposing operationally sensitive details.
The approach to implementing our Data Verification Network (DVN) matters because it doesn’t force the usual trade-off:
You don’t have to choose between invisibility and full disclosure
You’re able to properly assess risk (deployment, collateralization, solvency signals) while keeping borrower identities and strategies private
And importantly, DVN is built to verify assets and liabilities in real time, missing the piece in most proof of reserves-style transparency frameworks.
The vault stack
Accountable’s DVN - The verification layer
Accountable’s DVN is the foundation of the vault: a real-time financial verification network designed to verify and share financial data while preserving privacy, using technologies like confidential computing and zero-knowledge proofs.
The design principle is: prove what needs proving, expose nothing that doesn’t.
Monad - The execution layer
Monad provides the execution layer: 10,000 TPS with 0.8-second finality while maintaining full EVM compatibility. The Valos Vault is among the first institutional financial products to go live on the network.
Agora’s AUSD - The asset
AUSD is a digital dollar minted 1:1 with USD fiat, launched in mid-2024 by Agora. Backed by VanEck and custodied at State Street, AUSD has processed $62B in cumulative transfer volume and now averages $250M per day. Using AUSD for vault transfers means LPs operate in a fiat-backed stablecoin with existing onchain liquidity, needing no extra conversion steps.
YieldApp - The marketplace
YieldApp is Accountable’s marketplace for verifiable yield, where every listed opportunity is backed by live, cryptographically backed data. The Valos Vault is its first institutional private credit offering.
What we’re building toward
This launch marks the first institutional credit primitive on YieldApp, and it won’t be the last. It proves verifiable credit rails can support:
Credit strategies that can scale because verification is continuous, not periodic
Borrowers that can prove solvency selectively without exposing proprietary positions
A credit market structure where verification is the default, not an optional dashboard
Explore the Valos Vault today:
→ yield.accountable.capital/vaults/0x8dCE15fc6a98484C995Fc702cBfBdA14A30454af