01 /
Brief
Leading RWA perpetuals protocol by open interest. ~$6B monthly trading volume, $213M+ open interest (April 2026), ~97% of which is in non-crypto RWA pairs (commodities, FX, equity indices, single stocks). Gold alone has $71M+ open interest. Synthetic exposure to traditional markets without custody/settlement friction. $24M raised ($20M Series A from General Catalyst + Jump Crypto, plus $4M strategic).
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Commodities, Equities, Treasuries
03 /
Connections
Who they build with, build on, integrate with.




