vaults
Designing vaults for lending collateral
Yield vaults are built for depositors. Lending protocols need something different: they need to liquidate. What an ideal collateral vault looks like.
crosschain
credit
Part II - Instant vs. Guaranteed Settlement, Perps, Factoring, and Usage‑Constrained Credit
While we wait for payment, how do we move value safely? For the answer to this, and other questions on credit mechanisms and guarantees, read Part II of our Beyond Loans series.
Ready, Set, Stash - The Sprinter Olympics Begin Tomorrow!
Sprinter Stash’s app will officially go live tomorrow at 12pm CET, unlocking a new way for DeFi participants to earn rewards by contributing USDC liquidity to Sprinter Stash.
Announcements
Introducing Sprinter Stash: Real Yield for LPs, Credit for DeFi.
Sprinter Stash is a new onchain credit protocol that powers the next-generation of use cases, from solver credit lines to trading, whilst rewarding LPs with sustainable, risk-managed stablecoin yield.
crosschain
Building Economic Trust in Solver-Based Networks – Part 3: Reclaiming Efficient Markets
This article is based on the talk ‘Rethinking Competition in Solver-Based Networks’ given at Protocol Berg in Berlin June 13th 2025. (Watch it here) In Part 2, we looked under the hood of real-world solver networks like CoW Protocol and Across. What we found was clear: * A handful of solvers
Research
Building Economic Trust in Solver-Based Networks – Part 2: The State of Competition
This post explores how today's competition models in solver-based protocols are evolving — and in some cases, replicating the same centralization dynamics we hoped to escape.
phala network
Powered by Sygma: Phala’s SubBridge connects parachains to Ethereum
SubBridge: a first-of-its-kind interoperability solution from Phala Network, bridging assets between Substrate and EVM chains. Powered by Sygma.