01 /
Brief
Non-custodial risk-tranching protocol that splits any yield source into senior and junior tranches. Senior tranches receive first-loss protection; junior tranches accept higher risk for higher variable yield. 155,000+ users. Pivoted from earlier incentive-marketplace framing.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries
03 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
