Instant. Composable. Liquid by design
The internet’s capital markets are fragmented. Value is siloed across dozens of chains, each with its own rules, assets, and entry points. New ecosystems emerge every season, but onboarding remains complex, users onboard to Apps through different wallets, bridges, and swaps each time to participate in a new play.
Users liquidity stays scattered across the usual chains and apps, while “seasonal” ecosystems and apps suffer adoption due to onboarding friction paradox and thus pass by underutilized.
Current Bridging solutions don’t align with adoption of Internet Capital Markets.
Introduction
Telis is a delta-neutral, math-driven routing system that enables cross-chain trades with extreme capital efficiency and atomicity for apps.
- Atomic routing: Our special routes atomically process both sides of the transaction across chains giving apps power to let users deposit any token from any chain and use it as the underlying asset, without forced bridging.
- Bundled rebalancing: Use quant to batch multiple trades and net once; which has been the case in Traditional Finance since centuries. Efficient netting reduces on-chain churn and rebalancing costs increasing capital efficiency of the system.
- Risk-hedged core: All exposure hedged via WCM leveraging MegaETH <20ms blockspace in USDM to stay delta-neutral.
- Capital efficiency: End-to-end overhead kept <5 bps, so the cost for users stay almost free.
- Yield on hedge float: We maintain a stable float on WCM (Mega ETH perp DEX) and run a delta-neutral strategy that nets a conservative ~8% APY, offsetting maker/taker costs.
Jump In
The Problem
What is Telis
Technical Architecture
Economics & Yield Model