# XLP Vault Deposits and Withdrawals (/docs/risex/xlpvault/purpose-deposits-withdrawals)

The XLP vault is a community market-making vault that serves two main purposes on the RISEx orderbooks:

* Provide liquidity to RISEx's orderbooks - the XLP vault is actively quoting across all markets on RISEx.
* Provide a backstop for liquidated positions. More info on the risk management positions can be found in the liquidations section

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## Deposits

Deposits into XLP are limited by deposit caps. Caps will increase as the exchange continues to scale in both volume and Open Interest. Deposit cap increases will be announced before caps are lifted.

To deposit into the vault please follow these steps:

<video width="100%" controls>
  <source src="/videos/XLP deposit.mp4" type="video/mp4" />
</video>

1. Navigate to [vault.rise.trade](http://vault.rise.trade/)
2. Click on Connect Wallet and choose your wallet provider
3. Enter the amount you want to deposit
4. Click 'Continue' and confirm your transaction.

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## Withdrawals

To ensure that the XLP vault can continue to produce liquidity, RISEx XLP has multiple overlapping safety mechanisms in place to prevent fund loss, so if one fails, another protection mechanism takes effect. The three protection mechanisms include:

1. **Epoch based withdrawals**
   1. Every epoch is 24 hours
   2. During an epoch, only 20% of the pool (starting assets + any new deposits) can be withdrawn
   3. Once the 20% limit is reached, no more withdrawals are allowed until the next epoch resets
2. **Withdrawal buffer**
   1. Withdrawals are checked against the margin ratio (free margin / total equity) to ensure that they cannot trigger liquidations on the book
   2. If the margin ratio falls below a specific buffer threshold, then withdrawals from RISEx are blocked and only idle USDC in the strategy can be withdrawn