{"id":"erc-4626","title":"ERC-4626","content":"**The ERC-4626** tokenized vault standard is a standard protocol for tokenized vaults and is built on the [ERC-20](https://iq.wiki/wiki/erc-20) token standard. The standard was created to unify the technical parameters of yield-bearing vaults, making development, integration, and interoperability easier for vaults. It is meant to consolidate and standardize development efforts around “ERC-20 token strategies” such as borrowing & lending, [farming](https://iq.wiki/wiki/yield-farming), and [staking](https://iq.wiki/wiki/staking). [\\[1\\]](#cite-id-j29ttg5fh1)[\\[3\\]](#cite-id-tk6f3onfuj)\\\n$$widget0 [YOUTUBE@VID](_UayAJaBo-U)$$\n\n# Overview\n\nThe Tokenized Vault Standard, ERC-4626 officially went live on March 18, 2022[\\[2\\]](#cite-id-zsrxvgdxtdr). The Ethereum Comment Proposal 4626 for the ERC-4626 standard was created by Joey Santoro[\\[9\\]](#cite-id-gago61i8n3q) — founder of [Fei Protocol](https://iq.wiki/wiki/fei-protocol), who partnered with [Ethereum](https://iq.wiki/wiki/ethereum) developers transmissions11[\\[4\\]](#cite-id-1plkjnrti88), Jet Jadeja[\\[5\\]](#cite-id-lz5sd6wbwme), Alberto Cuesta Cañada[\\[6\\]](#cite-id-kjfocm06ix), and Señor Doggo[\\[7\\]](#cite-id-flbnliq4pcm).\n\n## ERC-4626's Purpose\n\nThe lack of standardization for tokenized vaults presents challenges in integration and composability. Without a standard implementation, protocols must create their own adapters for lending markets, aggregators, and other interest-bearing tokens, resulting in errors, increased attack risks, and wasted development resources. Establishing a standard for tokenized vaults would streamline integration efforts, leading to more consistent and secure implementation patterns.[\\[3\\]](#cite-id-tk6f3onfuj)\n\nERC-4626 was developed with the goal of creating a standard that enhances composability and interoperability. To simplify the integration of yield-bearing tokens and address vulnerabilities, the team opted for a scalable and user-friendly approach. [\\[8\\]](#cite-id-vr7xtqa8b9j)\\\n$$widget0 [YOUTUBE@VID](L8dijE5qhTg)$$\n\n# 4626 Alliance\n\nThe 4626 Alliance is a group of leading protocols and applications that share the mission of supporting the development and deployment of`ERC-4626` vaults:\n\nThe Alliance group was created to foster collaboration between [DeFi](https://iq.wiki/wiki/defi) projects and push the adoption of the ERC-4626 standard. Members of the 4626 Alliance establish a common bounty board for “4626 essentials.” They are voted on/built individually/jointly by members of the Alliance. [\\[10\\]](#cite-id-0uj2i5wtbr6)[\\[11\\]](#cite-id-p65ph88eane)\n\nThe Alliance Group also funds a common vehicle to distribute the costs and outsource through bounties the development of these “4626 essentials.” Each member of the Alliance commits $3k or more for this purpose. Alliances are also responsible for promoting the ERC-4626 standard through publication and events, and lastly, they create and maintain an open-source ERC-4626 resource library. [\\[10\\]](#cite-id-0uj2i5wtbr6)\n\nMembers of the 4626 Alliance include:\n\n* [Alchemix](https://iq.wiki/wiki/alchemix)\n* Aztec\n* [Balancer](https://iq.wiki/wiki/balancer)\n* [Beefy Finance](https://iq.wiki/wiki/beefyfinance)\n* Blockworks\n* [Frax Finance](https://iq.wiki/wiki/frax-finance)\n* Morpho\n* [Mstable](https://iq.wiki/wiki/mstable-usd)\n* [PoolTogether](https://iq.wiki/wiki/pooltogether)\n* Sommelier Finance\n* Superform\n* [Yearn](https://iq.wiki/wiki/yearn)","summary":"ERC-4626 is a standard protocol for tokenized vaults on the Ethereum blockchain, aimed at unifying technical parameters and facilitating interoperability.","images":[{"id":"QmSMu1PYSMq2DJpRcF5aWV7VcDJEnHyaEn1TgR9WaFA3fV","type":"image/jpeg, image/png"}],"categories":[{"id":"glossary","title":"glossary"}],"tags":[],"media":[{"id":"QmbmmQoRDAn3BqGyGjfZLaazLJ4TrKSdf6pDsT3kNNWpbq","size":"0.15","name":"image","type":"GALLERY","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=_UayAJaBo-U","size":"0","name":"_UayAJaBo-U","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=L8dijE5qhTg","size":"0","name":"L8dijE5qhTg","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"j29ttg5fh1\",\"url\":\"https://ethereum.org/en/developers/docs/standards/tokens/erc-4626/\",\"description\":\"erc-4626 documentation\",\"timestamp\":1689847776678},{\"id\":\"zsrxvgdxtdr\",\"url\":\"https://twitter.com/joey__santoro/status/1504603906726240258?s=20\",\"description\":\"announcement\",\"timestamp\":1689849903577},{\"id\":\"tk6f3onfuj\",\"url\":\"https://erc4626.info/\",\"description\":\"erc4626 website\",\"timestamp\":1689850666698},{\"id\":\"1plkjnrti88\",\"url\":\"https://github.com/transmissions11\",\"description\":\"t11s github\",\"timestamp\":1689852645806},{\"id\":\"lz5sd6wbwme\",\"url\":\"https://github.com/JetJadeja\",\"description\":\"jet github\",\"timestamp\":1689852658193},{\"id\":\"kjfocm06ix\",\"url\":\"https://github.com/alcueca\",\"description\":\"alcueca github\",\"timestamp\":1689852670103},{\"id\":\"flbnliq4pcm\",\"url\":\"https://github.com/fubuloubu\",\"description\":\"senor doggo github\",\"timestamp\":1689852687041},{\"id\":\"vr7xtqa8b9j\",\"url\":\"https://medium.com/midas-capital/an-introduction-to-the-erc-4626-tokenized-vault-standard-with-infographic-cd814c00201f\",\"description\":\"medium - An Introduction To The ERC-4626 Tokenized Vault Standard\",\"timestamp\":1689854348957},{\"id\":\"gago61i8n3q\",\"url\":\"https://twitter.com/joey__santoro\",\"description\":\"joey's twitter\",\"timestamp\":1689855164582},{\"id\":\"0uj2i5wtbr6\",\"url\":\"https://medium.com/@erc4626/introducing-the-4626-alliance-e7a25e608f9b\",\"description\":\"medium - 4626 alliance\",\"timestamp\":1690560147532},{\"id\":\"p65ph88eane\",\"url\":\"https://erc4626.info/#bounties\",\"description\":\"alliance bounties\",\"timestamp\":1690560307559}]"},{"id":"website","value":"https://erc4626.info/"},{"id":"twitter_profile","value":"https://twitter.com/erc4626"},{"id":"telegram_profile","value":"https://t.me/erc4626alliance"},{"id":"github_profile","value":"https://github.com/transmissions11/solmate/blob/main/src/mixins/ERC4626.sol"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmRuEHeQdQ5Svf2mjk9LScDmL47GMtokAoJYgkUmrW33p6\""},{"id":"commit-message","value":"\"Removed ERC-4626 overview content\""},{"id":"previous_cid","value":"QmRuEHeQdQ5Svf2mjk9LScDmL47GMtokAoJYgkUmrW33p6"}],"events":[{"date":"2022-03-01","title":"Date Founded","type":null,"description":"The Tokenized Vault Standard, ERC-4626 officially went live on March 18, 2022","link":"https://twitter.com/joey__santoro/status/1504603906726240258?s=20","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"bc56adea-624a-49fc-91f7-826a2772b8a1"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"4abc8974-c4d6-411a-a35e-575966aba31c\",\"title\":\"ERC-4626\",\"description\":\"ERC-4626 is a standard protocol for tokenized vaults on the Ethereum blockchain, aimed at unifying technical parameters and facilitating interoperability.\",\"timestamp\":\"2026-06-02T16:04:27.226Z\",\"category\":\"glossary\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb\",\"address\":\"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Categories\",\"subtitle\":\"Replaced one category item with a different one.\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Removed category with id \\\"cryptocurrencies\\\", title \\\"Cryptocurrencies\\\"\",\"Added category with id \\\"glossary\\\", title \\\"glossary\\\"\"]},{\"title\":\"Events\",\"subtitle\":\"Updated an event object: id changed, date refined, location fields added, multi-date fields added, and type cleared.\",\"variant\":\"modified\",\"changeCount\":7,\"changes\":[\"Changed event id from \\\"a0de4ac1-e97c-4375-9124-474b057d6bd7\\\" to \\\"0d8b59d2-44be-401a-b4de-76c7c3e6cd17\\\"\",\"Changed event date from \\\"2022-03\\\" to \\\"2022-03-01\\\"\",\"Added field \\\"continent\\\" with value null to the event\",\"Added field \\\"country\\\" with value null to the event\",\"Added field \\\"multiDateStart\\\" with value null to the event\",\"Added field \\\"multiDateEnd\\\" with value null to the event\",\"Changed event \\\"type\\\" from \\\"CREATED\\\" to null\"]},{\"title\":\"Tags\",\"subtitle\":\"Removed existing tags and added several metric-style tag entries; tags array was ultimately set to empty.\",\"variant\":\"modified\",\"changeCount\":7,\"changes\":[\"Removed tag with id \\\"Ethereum\\\"\",\"Removed tag with id \\\"Glossary\\\"\",\"Added tag with id \\\"words-changed\\\", value \\\"109\\\"\",\"Added tag with id \\\"percent-changed\\\", value \\\"31.97\\\"\",\"Added tag with id \\\"blocks-changed\\\", value \\\"content, tags, events\\\"\",\"Added tag with id \\\"wiki-score\\\", value \\\"85\\\"\",\"Set tags array to [] (empty)\"]}]}]}"}