> ## Documentation Index > Fetch the complete documentation index at: https://v3.docs.derive.xyz/llms.txt > Use this file to discover all available pages before exploring further. # Create a new curated vault > Registers a new vault on-chain from a signed action; the signing wallet becomes the vault's curator and seeds the initial deposit from its funding subaccount. Inputs set the deposit asset, initial deposit amount, initial share price, management/performance fee rates (in basis points), max slippage, redemption cooldown, an optional benchmark asset for the high-water mark, and the max sequencer fee authorized. Requires the vault curator-create permission. ## OpenAPI ````yaml /openapi.json post /private/create_vault openapi: 3.1.0 info: title: Derive v3 API version: 0.2.0 description: JSON-RPC 2.0 methods, served over WebSocket and HTTP POST. servers: - url: https://api.derive.xyz/v3 description: Production (HTTP POST base) - url: https://testnet.api.derive.xyz/v3 description: Testnet (HTTP POST base) security: [] tags: - name: Subaccounts description: >- List, inspect, and label subaccounts, portfolios, positions, and collateral. - name: Session Keys description: Register, edit, and list delegated signing keys. - name: Account description: Wallet-level account information and settings. - name: Orderbook description: Place, replace, cancel, and query orders, trigger orders, and algos. - name: RFQ description: 'Request-for-quote: send RFQs, quote, and execute block trades.' - name: Vault Shareholders description: >- Deposit into and withdraw from vaults, and track shares, requests, and performance. - name: Vault Curators description: >- Create and operate curated vaults: settle deposit and withdrawal requests, and manage vault metadata. - name: History description: >- Per-account historical records: orders, trades, transfers, and settlements. - name: Market Maker Protection description: Configure, read, and reset market-maker protection. - name: Transfers & Withdrawals description: Move collateral between subaccounts, to other wallets, and on-chain. - name: System description: Rate limits and transaction lookups. - name: Market Data description: Instruments, currencies, tickers, and market-wide feeds. - name: Referrals description: Referral codes and program performance. - name: Other description: Uncategorized. paths: /private/create_vault: post: tags: - Vault Curators summary: Create a new curated vault description: >- Registers a new vault on-chain from a signed action; the signing wallet becomes the vault's curator and seeds the initial deposit from its funding subaccount. Inputs set the deposit asset, initial deposit amount, initial share price, management/performance fee rates (in basis points), max slippage, redemption cooldown, an optional benchmark asset for the high-water mark, and the max sequencer fee authorized. Requires the vault curator-create permission. operationId: private_create_vault requestBody: required: true content: application/json: schema: $ref: '#/components/schemas/CreateVaultRequest' responses: '200': description: Success content: application/json: schema: $ref: '#/components/schemas/VaultCreateResponse' default: description: JSON-RPC error (see Error Codes) components: schemas: CreateVaultRequest: description: >- Fields common to every signed vault action. They appear alongside each endpoint's action-specific parameters in the same request object. type: object required: - cooldown_sec - deposit_spot_asset - initial_deposit - initial_share_price_usd - management_fee_bps - manager_id - max_fee_usd - max_slippage_bps - nonce - performance_fee_bps - signature - signature_expiry_sec - signer - subaccount_id properties: benchmark_asset: description: >- Spot asset to denominate the high-water mark in. Omit (or null) for the feed-less USD default; set it to charge performance fees only on outperformance measured against that asset. default: null anyOf: - $ref: '#/components/schemas/Address' - type: 'null' cooldown_sec: type: integer format: uint64 minimum: 0 deposit_spot_asset: $ref: '#/components/schemas/Address' initial_deposit: description: >- Initial deposit in the vault's deposit asset, as a USD decimal string (e.g. `"15000"`). type: string format: decimal initial_share_price_usd: description: >- Initial share price the vault is seeded at, in USD, as a decimal string (e.g. `"1"` or `"100"`). Must lie within the protocol's permitted range. type: string format: decimal management_fee_bps: type: integer format: uint64 minimum: 0 manager_id: type: integer format: uint64 minimum: 0 max_fee_usd: description: >- Maximum sequencer fee the signer authorises, in USD, as a decimal string (e.g. `"1.5"`). type: string format: decimal max_slippage_bps: type: integer format: uint64 minimum: 0 nonce: type: integer format: uint64 minimum: 0 performance_fee_bps: type: integer format: uint64 minimum: 0 signature: description: 0x-prefixed hex of the 65-byte EOA signature. type: string signature_expiry_sec: type: integer format: uint64 minimum: 0 signer: $ref: '#/components/schemas/Address' subaccount_id: description: >- The subaccount the action is signed on; which subaccount applies depends on the specific method — see that method's reference. type: integer format: uint64 minimum: 0 VaultCreateResponse: description: >- Returned by `create_vault`: identifiers to track the on-chain `CreateVault` operation. type: object required: - op_uuid - operation_id properties: op_uuid: type: string operation_id: type: integer format: uint64 minimum: 0 Address: description: 20-byte Ethereum address as a 0x-prefixed lowercase hex string. type: string maxLength: 42 minLength: 42 pattern: ^0x[0-9a-fA-F]{40}$ ```` ## Related topics - [Create a Vault](/vaults/create-a-vault.md) - [List vaults a wallet curates](/api-reference/vault-curators/list-vaults-a-wallet-curates.md) - [Winddowns](/vaults/winddowns.md)