Wintermute launches DeFi vault platform Armitage

Cryptocurrency market maker Wintermute has unveiled Armitage, a new platform for curating DeFi vaults. According to The Block, Armitage allows users to design DeFi lending strategy vaults tailored to their risk appetite. The vaults are non-custodial, enabling users to retain control over their assets, and deposits can be made without KYC procedures. The platform also allows institutions to seek returns through lending, liquidity provision, and restaking strategies without having to manage DeFi operations directly.