# Overview

[Alpha Vaults](https://app.charm.fi/) is a permissionless platform to create [LP Vaults](/charm/products-overview/alpha-vaults/faq.md#what-are-lp-vaults) for any Uniswap V3 pool, and is the easiest way to manage liquidity. Liquidity can be managed with [1-click](/charm/manage-liquidity/user-guides.md), and there is no need to choose Liquidity Positions or LP Strategies, because the vault will do this automatically. All vaults [belong to its creator](/charm/manage-liquidity/user-guides.md), and 3rd parties are not required to manage liquidity.

Alpha Vaults have the [longest](https://dune.com/srpho/Charm-Alpha-Vault-performace-fork?Number+of+days_t2d57c=750\&Number+of+days_nba6d7=750) track-record for security and performance, and have been managing liquidity for [3+ years](https://dune.com/srpho/Charm-Alpha-Vault-performace-fork) without security or operating issues. It received 2 [audits](/charm/appendix/audit-reports.md) from Peckshield, 1 from Certik, and has an ongoing [Immunefi bounty](https://immunefi.com/bug-bounty/charm/information/).

The vaults combines the capital efficiency of V3, with the simplicity and familiarity of V2. It can be used to migrate liquidity from Uniswap V2 to V3 at no loss in performance, and launch liquidity mining campaigns on Uniswap V3 just like V2. The digram below summarises the key benefits:

<figure><img src="/files/Q8cgZ0zrso9KaPkmp4Rm" alt=""><figcaption><p>The Alpha Vaults solution. Projects can use Alpha Vaults to build a permissionless vault that combines the Capital Efficiency of V3, with the simplicity and familiarity of V2.</p></figcaption></figure>


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