Company

Who we are.

Mission, vision, values, and the people running it.

Mission

Best assets, best depth.

Institutional-quality liquidity for decentralized venues. Market structure advisory for the teams running them.

Vision

Transparent markets, fair for everyone in them.

Today's on-chain venues are fragmented and the desks serving them are mostly extractive. We are working towards a benevolent oligopoly in markets. Better structure helps everyone honest: the venue, the takers, and the makers.

Values

What we hold to.

Transparency

We publish the methodology behind our research. Partners see the data we collect on their venues, in full.

Fairness

Markets work when the incentives align.

Quality

Quotes hold under load.

Guidance

We engage in market design and liquidity bootstrap with protocol founders.

Team

The four of us.

Bryan

Quant · Systems

Quant, software veteran, long-time DeFi contributor. Previously Bloomberg and D.E. Shaw. Co-founded Warlock, raised $8M at a $60M valuation, then acquired.

Chris

Growth · BD

First hire at Dolomite, scaled TVL from $1M to $1B. Instrumental in the Arbitrum DeFi ecosystem and one of the principal builders of its institutional liquidity stack.

Ryan

Distribution · Capital

Former VP at JPM Private Banking and UBS Wealth Strategy. Institutional network access, high-net-worth distribution, and family office relationships.

Matt

Protocol · Systems

Previously National Central Bank. Specialist in low-level blockchain architecture, MEV, and both SVM and EVM client work. Architect of institutional algorithmic vaults.