When a vault fails, the last ones out lose everything.
Insolvent vaults pay first-come, first-served, and every scrap of returning liquidity is gone in the same block, taken by users and bots faster than you. SeaFi’s MEV infrastructure puts you at the front of that line: the instant liquidity appears, you withdraw first. Non-custodial. You pay 10% of what we recover, and nothing if we recover nothing.
- First out, every block
- $1M+ recovered in the Euler pilot
- Non-custodial, 10% on success
The stakes
In a failing vault, someone loses everything. Usually the slowest.
When a vault cannot cover withdrawals, getting your money out becomes a race. Every scrap of returning liquidity is contested, and it clears in one block. Here is how you lose it.
The queue never clears
Withdrawals are capped by whatever liquidity the vault actually holds. When it is insolvent, that number sits near zero and your request just waits.
Liquidity returns in bursts
A repayment or a fresh deposit briefly restores withdrawable funds. That window is usually a single block, then it is gone again.
Faster actors take it
Searchers and quicker depositors claim it the instant it lands. You refresh the page and you are still holding a frozen position.
Priority withdrawal
If liquidity ever touches the vault, you withdraw first.
SeaFi’s MEV infrastructure competes at the mempool and block-builder level to land your withdrawal ahead of every other user and every other bot, in the same block the liquidity appears.
How a Salvage redemption works
Four steps. Your funds stay yours until the exact moment they come home. The one that matters is step three: it either fully succeeds or it never happened.
- 01
Authorize, don't transfer
You grant the Salvage contract permission to redeem one specific position. Your tokens stay in your wallet. Nothing moves until the redemption fires.
- 02
We watch the mempool, not the UI
SeaFi's MEV infrastructure tracks the vault's withdrawable liquidity around the clock, down to the mempool. The moment a repayment, liquidation, or deposit restores real liquidity, a signed withdrawal is already staged.
- 03
You withdraw first, atomically
AtomicIn one transaction, in the same block the liquidity lands, we withdraw your position ahead of every other user and bot, then settle. Either you receive your assets and we take our fee together, or the whole thing reverts. There is no state where we hold your funds.
- 04
You are paid, we take 10%
Recovered assets land in your wallet minus the 10% success fee. If a redemption never becomes possible, you never pay a cent.
Proven infrastructure
The engine behind Salvage has already recovered over $1,000,000 from Euler.
A pilot on insolvent Euler vaults, run on the same MEV infrastructure Salvage is built on.
When lending vaults on Euler seized up and withdrawals stopped clearing, depositors were stranded behind a queue with almost no liquidity to draw from. Each time a sliver returned, it cleared in the same block and never reached them.
Running the same MEV infrastructure that Salvage is built on, those positions were claimed the instant they became redeemable, atomically and ahead of every other actor. More than a million dollars in otherwise stranded capital was returned to depositors, and not one of them handed over custody to do it. Salvage productizes that exact engine.
This was a pilot. Past recoveries do not guarantee future results, and every position is assessed on its own merits.
Your keys and your tokens never leave your control.
Recovery services usually ask you to trust them with your funds. Salvage is built so you never have to. The design does the trusting for you.
Non-custodial by construction
Funds only ever move inside the atomic redemption transaction. Salvage never holds a balance on your behalf, ever.
Scoped, revocable authorization
You approve a single position, not your wallet. You can revoke the approval at any point before execution.
Atomic settlement or nothing
Redemption and fee happen together in one transaction. If any part fails, the entire transaction reverts and your position is untouched.
Incentives fully aligned
We are paid only out of what we recover for you. No recovery means no fee. We win exactly when you win.
Ten percent of what we recover. Nothing else.
No upfront fee. No subscription. No fee if the redemption never lands. You keep ninety percent of capital that was, until now, stuck at zero access.
- If we recover $100,000
- you keep $90,000
- If we recover nothing
- you pay $0
The split happens inside the same transaction as the redemption. There is no invoice, no follow-up transfer, and no window where the funds sit anywhere but your wallet or the atomic swap that fills it.
Questions worth asking.
Do you ever hold my tokens?
No. Your assets stay in your wallet until the redemption executes, and the redemption moves them straight to you in the same transaction that pays our fee. There is no custody step.
What happens if you can't recover my position?
You pay nothing. The 10% is a success fee taken only from recovered proceeds. If a vault never regains enough liquidity to redeem, there is no fee and no cost to you.
How is the 10% fee actually taken?
Inside the same atomic transaction as the redemption, straight out of the recovered proceeds. You receive 90%, we receive 10%, in one settled block. Nothing is invoiced or collected afterwards.
Why can you withdraw first when I can't?
Insolvent vaults pay first-come, first-served whenever a sliver of liquidity appears. That window is usually a single block, contested by other users and professional bots. SeaFi runs MEV infrastructure that competes at the mempool and block-builder level, which is what it takes to land in front of them.
Who is behind Salvage?
SeaFi, a DeFi studio that builds yield vaults (seafi.app) and the EulerDebt distressed-debt marketplace (eulerdebt.com). Salvage runs on the same MEV infrastructure SeaFi used to recover over $1M from insolvent Euler vaults.
Which protocols and chains do you cover?
We focus on EVM lending and yield vaults, including Euler-style markets, on Ethereum and major L2s. Every position is assessed individually. Send us yours and we will tell you if it is redeemable.
Do I have to watch anything or act again?
No. You authorize once. From there our bots monitor the vault and execute the instant conditions are met, whether that is in an hour or in three months.
Is there any risk to my funds?
Interacting with any smart contract carries risk, and recovery is never guaranteed. The design minimizes exposure: authorization is scoped, settlement is atomic, and failure reverts. But it is not, and cannot be, risk-free.
Get your liquidity out.
Send us the position on Telegram. We will tell you, honestly, whether it is redeemable, roughly what it should return, and when. No wallet connection, no approvals, no cost to ask.
Telegram is the only way to reach us.