Composable. Instant. Liquid by design.
Problem
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.
Solution
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: Batch multiple trades and net once; efficient netting reduces on-chain churn and rebalancing costs.
- 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, enabled by near-zero gas on Mega ETH.
- 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.
How It Works
- When a trader needs cross-chain assets, users signs intent as confirmation and sends funds on destination chain.
- Simultaneously the destination token amount is hedged on WCM perps using USDC to lock its dollar value.