Keepers execute trades, but the vault verifies inputs on-chain to prevent manipulation.
A keeper submits a trade with:
DEX swap data (USDe → sUSDe)
Slippage protection (minimum sUSDe received)
On-chain verification (keeper can’t fake profit)
Security note: the vault measures actual USDe spent and receives the expected return from Ethena directly - no trust required.
Last updated 2 months ago
