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.
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.
app.unwind.capital

Settlement
Subscribe and redeem directly from primary dealers with delayed settlement. NO SECONDARY Liquidity required.
keyring.network/structuring/ddqs/demo
Governance and Risk
Verifiable margin models adapted from ISDA SIMM and Basel III.