About Us

In partnership with one of the largest financial conglomerates, we are creating a secure, transparent, and high-performance trading infrastructure that can support institutional volumes while remaining accessible to retail participants. Our strategy to achieve this is by first bringing in Japanese RWAs on-chain, and then eventually all kinds of global assets. We are building a next-generation DeFi L1 blockchain powered by a decentralized exchange with a fully on-chain order book, supporting both spot and perpetual trading, and more.

Position Overview

You already have strong, specific opinions about how Hyperliquid, Aster, dydx, and Drift have made their product choices. You follow the design space — funding mechanisms, oracle construction, ADL versus insurance-fund tradeoffs, cross- versus isolated-margin accounting — closely enough to argue for a position, not just summarize what others have shipped. You probably activ...