The startup is developing a prime brokerage platform that provides multichain, undercollateralized leverage through portfolio margining. This technology enables traders to access greater capital efficiency and flexibility in their trading strategies without the need for excessive collateral.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GCFounders
Product
Problem
Traditional prime brokerage services in the DeFi space often rely on centralized entities, exposing users to counterparty risk and limiting transparency. This reliance can lead to potential defaults and a lack of control over assets. Additionally, the fragmentation of liquidity across multiple blockchains and centralized exchanges complicates asset management and leverage strategies for asset managers.
Solution
Arkis provides a decentralized prime brokerage protocol that connects institutional lenders and borrowers in a zero-trust environment, eliminating the need for intermediaries and reducing counterparty risk. The protocol utilizes smart contracts to automate trading, custody, and settlement, ensuring transparency and security. Arkis offers capital-efficient leverage with features like portfolio margining, which considers a trader's entire portfolio across both decentralized and centralized exchanges. Lenders can earn yields by providing assets for leverage operations, while borrowers gain access to undercollateralized loans and exotic margining options within a secure, permissioned environment.
Target Audience
The primary target audience includes institutional investors, hedge funds, asset managers, and DAOs seeking capital-efficient leverage and secure lending opportunities within the DeFi ecosystem.
Features
- Decentralized lending and borrowing via smart contracts, removing the need for a central intermediary
- Portfolio margining system that considers positions across multiple blockchains and centralized exchanges
- Single margin account with a single liquidation threshold for simplified risk management
- Whitelisting capabilities for lenders to specify approved assets and usage conditions
- Automated liquidation engine to protect lenders' capital
- Support for undercollateralized loans, enabling greater capital efficiency for borrowers
- arkisUSD stablecoin linked to the Arkis Prime Lending Desk, consolidating credit portfolios
- Integration with 1inch for enhanced liquidity and optimized trading