Telis takes any inbound asset, converts it to USDC, hedges the destination price with a WCM perp, and settles native tokens instantly.
Users get fast(1 block) finality, LPs stay delta-neutral, and the protocol avoids route-specific liquidity traps. Clean flow.
| Step | What Happens | Why It Matters |
|---|---|---|
| 1 · Intent Signed | User signs a swap request: fromChain: Solana (SOL) → toChain: Ethereum (ETH) |
Signature locks in-amount & max-slippage. |
| 2 · Source Vault Sells to USDC | Telis vault on Solana swaps the incoming SOL to USDC via on-chain aggregator. | This puts every trade in one clean, dollar-based inventory making it easier to hedge, easier to rebalance. |
| 3 · Perps Engine Longs Destination Token | WCM opens a long ETH-perp sized equal to the USDC value from step 2. | Offsets the inventory ETH that will leave the Ethereum vault in less than 20ms, keeps Telis dollar-neutral while still settling fast. |
| 4 · Cross-Chain Receipt Sent | A light oracle passes the signed receipt to the Etherum vault. | Guarantees only valid, funded swaps can unlock assets. |
| 5 · Destination Vault Releases ETH | ETH vault verifies the receipt and sends ETH directly to the user (or to a local swap contract for specific tokens). | User sees assets in < 1s, no waiting for block finality. |
| 6 · Background Rebalance & Hedge Close | When utilization hits a threshold, the ETH-perp is closed, Solana’s USDC is bridged to Ethereum, and used to rebuy ETH. | Vaults are rebalanced, hedge is cleared, and any PnL is funneled straight to LP rewards. |
The Result: Deposited assets keep earning attractive APYs, active traders enjoy frictionless, near atomic cross-chain transactions, and the entire ecosystem operates in economic equilibrium.
Efficiently scalable, reliably secure, and sustainably profitable.
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Want to buy a memecoin on another chain? Tap your token of choice, buy it instantly . No bridging. No wait!
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