The rails for risk Price, hedge and transfer any observable onchain risk Backed by @RoadCapMgmt and @a16zcrypto CSX
Last week we sat down separately with Rob Schmitt, who cofounded Cork, and Baptiste Florentin, our CTO, who runs most of the security review. Same rough question for both. What has actually changed in
On the last night of Arbitrum's Open House London, in the Founder House phase of the program, three teams sat in the same room and did something that’s never been done before: they let autonomous
Today, insurance is sitting exactly where the dollar was before stablecoins turned into a $300 billion market. Insurance is the biggest financial market almost nobody trades. Nearly $7.8 trillion in
Give a car an engine and nothing else and you get a very fast way to get hurt. That is roughly what we have built for AI agents in crypto. Every part of the stack that lets them go fast is live.
Last week, BonkDAO lost roughly $20 million worth of tokens from its treasury. There was no exploit in the code, no compromised key, no bridge hack. A whale accumulated enough voting power to control
Every step in the history of risk management allowed the economy of their times to flourish in new ways. The Genoese merchants of the fourteenth century had written contracts, legal enforcement, and a
There’s a thread that runs through every major advance in financial history, from Babylonian sea merchants to modern derivatives desks. These aren’t just stories about prosperity, gold rushes, or
Agglayer's VaultBridge earns yield for its users by deploying bridged funds into Morpho lending markets on Ethereum. When users bridge USDC to Katana, they receive the vbUSDC yield-bearing token. On
Agentic finance is changing what onchain markets actually look like. There's more volume, more actions, more data, and all of it moves faster than the human-paced markets DeFi was designed for. Over
DeFi has built a lending economy worth tens of billions of dollars without ever building a credit market underneath it. That sounds like wordplay until you take a real credit transaction apart and
DeFi has always carried risks such as smart contract vulnerabilities, oracle manipulation, depeg events, and liquidity crunches. These are known, documented, and in some cases partially priced into
If you've been onchain for more than one cycle, you've heard the song. The melody changes but the chorus never does. Sushi paid 200%. Anchor paid 19.5% right up until Terra wasn't a chain anymore.