Pear Protocol says Agent Pear vault will open on Sept. 16 with a $1 million initial cap

Pear Protocol said it plans to roll out its Agent Pear vault this week, with deposits scheduled to open on Sept. 16. According to the project, users who deposit funds into the vault will have paired trades opened and closed automatically by an agent that follows publicly disclosed signals. The first phase of the vault will be capped at $1 million. The protocol said the vault is an audited ERC-4626 contract deployed on HyperEVM. Trading will be executed through a restricted agent wallet, which, according to Pear Protocol, cannot withdraw or transfer user funds. On fees, the project said the initial $1 million in deposits will not be charged entry or exit fees. A 20% performance fee will apply only to profits above the previous high-water mark.