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Withdrawals

Current Phase: Shadow Mainnet Testing

Multyr contracts are deployed on Arbitrum One. The system is currently in validation phase. Deposits are not open to the public. Behavior described on this page reflects the protocol's designed behavior; some mechanisms are active in shadow testing, others become active at public launch. See the Status page for details.

Withdrawals in Multyr are request-based.

Users submit a withdrawal request, which is executed either immediately or processed through a queue depending on liquidity, system constraints, and vault type.

How It Works​

When you request a withdrawal:

  1. you choose how many shares to withdraw
  2. you select a withdrawal mode
  3. the system processes your request accordingly

Withdrawal Modes​

Instant Exit​

You can select an instant withdrawal.

In this mode:

  • the system attempts to execute your withdrawal immediately
  • execution is limited by available liquidity and system caps

If the request can be satisfied:

→ you receive your assets in the same transaction

If the request cannot be fully satisfied:

→ the request is automatically routed to the queue → and processed later through standard settlement

Standard Withdrawal (Queued)​

You can also select a standard withdrawal.

In this mode:

  • your request is placed directly into the queue
  • your shares are reserved for the withdrawal
  • the system processes the request over time

Settlement occurs:

→ at the end of the epoch → when sufficient liquidity becomes available

A Note on Force Withdrawal​

Force Withdrawal is not a user-selectable mode in the UI. It refers to a strategy-conditional exit path available in extreme scenarios, with a variable fee that depends on underlying strategy conditions. See Fees and Emergency Procedures for details.

Unified Behavior​

Regardless of the selected mode:

  • all withdrawals may end up being processed through the queue
  • settlement is handled automatically by the protocol
  • no manual claim or second transaction is required

Mental Model​

Withdraw → Choose Mode
    → Instant → (if possible) immediate exit
             → (if not) fallback to queue
    → Standard → queue → settlement at epoch end

Open-Ended Vaults​

For standard (open-ended) vaults:

  • instant withdrawals are available
  • queued withdrawals are always available
  • fallback to queue happens automatically when needed

Fixed-Term Vaults​

Some vaults operate with a fixed duration.

In these vaults:

  • instant withdrawals are not available
  • all withdrawals are processed through the queue
  • settlement occurs at the end of the epoch or vault term

What Affects Withdrawal Speed​

The time required to complete a withdrawal depends on:

  • available liquidity in the system
  • current allocation across strategies
  • total withdrawal demand
  • vault type (open-ended vs fixed-term)

Important Notes​

  • instant withdrawals are not guaranteed
  • large withdrawals are more likely to be queued
  • the system prioritizes safety and consistency over speed
  • queued withdrawals are processed automatically
  • you can track the status of your request
  • withdrawal fees apply — see Fees for the complete structure

Key Principle​

Withdrawals are never permanently blocked.

However:

→ execution may be immediate or delayed depending on liquidity, caps, and vault configuration

Summary​

Withdrawing from Multyr means:

→ requesting an exit → receiving funds immediately if possible → otherwise receiving them through queued settlement

This model ensures that capital can always exit safely, even under changing market conditions.