D2_WITHDRAWAL_NOTE

Documentation for eth_defi.erc_4626.vault_protocol.d2.vault.D2_WITHDRAWAL_NOTE data.

D2_WITHDRAWAL_NOTE = "#### Withdrawal restrictions\n\n**Deposits and withdrawals are closed during the trading phase.** Each [trading cycle](https://docs.d2.finance/docs/vault-design), called an epoch, has separate funding, trading and withdrawal phases. During trading, the trader may take custody of the vault's funds.\n\nWithdrawals reopen after the trader returns the funds and the epoch ends. A displayed epoch-end time is an estimate, not a guaranteed withdrawal deadline."

All D2 strategies use epoch-gated withdrawals; documentation reviewed 2026-11-02 following the user’s request to explain closed withdrawal windows. https://docs.d2.finance/docs/vault-design