DeFi credit markets, built to INSTITUTIONAL Standards.

Keyring builds permissioned credit markets where lenders supply stablecoins against tokenised collateral, with verifiable margin models adapted from ISDA SIMM and Basel III for DeFi.

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app.euler.finance

Working with

On-chain credential checkillustrative

vault.deposit(250,000 USDC)

0x7a3f…c21e

├keyring.checkCredential(sender)validpolicy 7, expires 2026-09-30

└mint sharesSuccess

vault.deposit(250,000 USDC)

0x91bc…44d0

├keyring.checkCredential(sender)no credential

└unverified walletRevert

Permissioning

Every deposit, withdrawal and liquidation passes an on-chain CREDENTIAL Check. Unverified wallets revert.

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app.unwind.capital

The unwind app: the mGLOBAL/USDC market on Euler with its published parameters, a USDC deposit ready to verify and wind

Settlement

Subscribe and redeem directly from primary dealers with delayed settlement. NO SECONDARY Liquidity required.

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Due-diligence scorecardMMF, illustrative

Hard fails

HF-1HF-2HF-3HF-4HF-5HF-6HF-7HF-8HF-9

9/9 pass

LLegal structure

5/5w22

DRedemption firmness

4/5w20

RRegulatory status

5/5w13

TTransparency

4/5w13

OOpSec & recoverability

4/5w12

CCustody & keys

4/5w10

GFund governance

5/5w10

Composite89/100

Prime×1.00

Governance and Risk

Verifiable margin models adapted from ISDA SIMM and Basel III.

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Structure YOUR market.

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