Innovation and tech
We ship new tools to serve depositors better, make on-chain yield accessible to more people and challenge convention through technology.
…a liquidity protocol unlike any other. Founded by engineers, built in the open and trusted for what it can prove rather than what it promises. Some would call it a success story. We call it block one.

We want to be the most trusted and intuitive way to put capital to work on-chain. That is why we question convention and let code, not discretion, do the heavy lifting.

A small team of engineers, traders and risk specialists set out to build a vault that never makes depositors wait — and to prove every step of it on-chain.
The unabridged letter that started it all: why we built a protocol around instant withdrawals, hard risk caps and no admin keys.
Read the letter
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Help & support
Engineered for self-custody, audited in the open.
Digital assets are highly volatile and you can lose some or all of the capital you deposit. Smart contracts, oracles, bridges and third-party venues can fail or be exploited, and on-chain transactions cannot be reversed. Yields are variable, are not guaranteed and can fall to zero. Only deposit funds you can afford to lose, make sure you understand how the protocol works, and seek independent advice if you are unsure whether it is suitable for you. Availability of features may vary by jurisdiction.
Rates, balances, prices and volumes shown on this page are for illustration and may not reflect live values. Always check the current figures inside the app before you sign a transaction.