What it is
Liquidity that
never leaves home.
Vault shares keep earning. Aquifer prices them at the live ERC-4626 rate and lets 1inch Aqua fill against inventory that is still sitting in the maker's wallet.
The difference
Same shares. Different book.
1.0249Quoted, not deposited
Aquifer leaves the shares where they are. Aqua can still quote them because SwapVM reads the vault and applies the maker’s spread and bounds.
How a quote is born
Four checks. One instruction.
Price a vault.
The desk discovers vaults from The Graph's Messari yield subgraphs, reads the live convertToAssets rate from RPC, builds the SwapVM instruction, and copies a ship command. It does not broadcast strategy calldata from the browser.
Open the desk