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Symbiotic Announces Instant Liquidity for Tokenized Assets: Midas is the First Issuer

Admin — Wed, 29 Apr 2026 20:01:59 GMT

The most capital-efficient liquidity sleeve for tokenized assets.

The RWA market crossed $25B on Ethereum this year. But if you hold a tokenized fund and want to exit, you're waiting 60 to 180 days for redemption. The asset is liquid in name. In practice, your capital is frozen.

This post will explain what Symbiotic Instant Liquidity is, how it fits within Midas' Open Liquidity Architecture, how Capital Facilities make it possible, and how the RFQ settlement layer works end to end. Once you understand these three things, you'll see why this is the most capital-efficient approach to RWA liquidity built onchain.

What Symbiotic builds

Symbiotic is set to launch a system to enable instant liquidity for Midas assets, starting with mGLOBAL and mF-ONE.

Holders will be able to redeem these assets instantly and atomically through an RFQ-based settlement layer, a solution within Midas’ Open Liquidity Architecture. No queue. No counterparty risk. No waiting.

The same system extends to lending market liquidations, with Redstone Settle integrated natively to facilitate settlement and execution, addressing what has historically been the weakest link in DeFi stacks built on tokenized assets.

What makes this different architecturally is that the capital settling redemptions isn’t pre-funded inventory sitting idle. It’s committed capital already serving a collateral function, now performing two roles simultaneously. That’s what makes it one of the most capital-efficient approaches to RWA liquidity built onchain.

The problem with how liquidity works today

Most attempts at RWA liquidity follow the same model: a market maker pre-funds a pool, sits on inventory, and hopes the spread covers the duration risk. That works for liquid assets. For tokenized funds with 60 to 180 day redemption windows, it doesn't. The capital cost of holding that inventory is too high. Market makers either don't show up, or they price the spread wide enough to make redemptions economically painful.

The result is a liquidity market that exists on paper but doesn't function in practice. Assets are technically redeemable. They're not practically liquid.

Capital Facilities

Capital Facilities are the core primitive that makes Instant Liquidity work differently.

Before Core V2, committed capital in Symbiotic vaults had one job: sit and wait. It was locked as collateral between obligation events and couldn't be deployed without losing its enforcement function. That was the tradeoff: you could have productive capital or enforceable collateral, not both.

Capital Facilities remove that trade-off. Committed capital can be deployed into whitelisted DeFi protocols (e.g., Morpho and Euler) between settlement events, where it continues to earn yield. When an obligation is triggered, the capital is automatically recalled, all while remaining fully enforceable as collateral for economic guarantees across Symbiotic’s natively integrated applications.

This is what funds the liquidity sleeve. The USDC backing redemptions isn't sitting in a pool waiting to be used. It's deployed and productive right up until the moment a redemption is requested. That's a fundamentally different capital structure than anything that existed before.

The RFQ settlement layer

The settlement side works through an onchain RFQ system.

Here's the full flow:

An asset manager requests a redemption through the Symbiotic Swap UI
Qualified market makers receive the request and submit bids
The best bid executes in a single transaction
The Market Maker Symbiotic Contract pulls the required USDC from the vault
The asset manager sends the RWA to the Symbiotic contract
USDC is released to the asset manager atomically
The market maker earns the spread: no upfront capital required

At that point the market maker holds the RWA. They have two options: acquire it into their own portfolio and take the duration risk, or redeem it with the issuer. While the redemption processes, the RWA continues earning its intrinsic yield. The market maker is compensated for the wait.

Market makers can participate in two ways. They can become a Symbiotic vault curator directly, which gives them more flexibility over deployment parameters. Or they can work with an existing curator, subject to that curator's constraints. Either way, the system is open to any qualified market maker.

Why Midas

Midas raised a $50M Series A specifically to build an Open Liquidity Architecture for onchain investment products. Their tokenised investment strategies -- tokens with native DeFi composability across protocols like Morpho and Pendle -- made them the right first partner. The problem they were solving for their users maps directly to what Instant Liquidity enables. Holders of institutional-grade tokenized products shouldn't have to choose between quality and liquidity.

Built through the cycle, with an imminent launch

This didn't come together overnight. Instant Liquidity is the result of a lot of people building through a market that wasn't paying attention, solving a problem that was always real even when the hype wasn't there.

The full stack that makes this work: Fasanara as the asset manager behind mGLOBAL. Morpho and Euler as the yield sources for idle committed capital between settlement events. Keyring and Term Finance as launch partners.

Collateral markets is the category. Instant Liquidity is the product. Any issuer can integrate. Any market maker can participate.

Capx AI Launches Mainnet: Building the Decentralized NASDAQ for AI Apps

Admin — Tue, 04 Nov 2025 05:00:00 GMT

Capx, the decentralized infrastructure powering the AI App Economy, has launched its mainnet. This milestone enables developers and users worldwide to deploy, scale, and own high-impact consumer AI applications through a production-ready protocol secured by $221M in restaked assets on Symbiotic.

Turning Users Into Owners

"Apps once shaped how we worked. But in the age of AI, they'll sense how we think, and we as asset owners, will shape how they work," said Vaibhav Tyagi, Co-Founder of Capx. "With the launch of our mainnet, Capx AI protocol will not only enable builders to build, deploy, scale and tokenize their AI apps, but will also turn users into owners of these AI apps."

The launch represents a fundamental shift in how AI applications are built and owned. Rather than extracting value from users, Capx aligns usage, ownership, and distribution so communities compound value and builders capture durable upside.

Secured by Symbiotic

Capx Cloud leverages Symbiotic's universal staking infrastructure to provide robust cryptoeconomic security for AI application deployment. With $221M in restaked assets securing the network, builders gain protection and reliability without compromising on decentralization.

"Capx's integration with Symbiotic sets a new standard for secure and scalable AI infrastructure," said Misha Putiatin, Co-Founder of Symbiotic. "By leveraging our decentralized operator network and $450 million in restaked assets, builders on Capx gain robust protection and unrivaled reliability for their AI-powered applications. We're proud to collaborate with Capx to power the infrastructure behind the AI App Economy, ensuring creators and communities can innovate with trust and confidence."

Three-Pillar Architecture

The Capx protocol is built on three core components:

Capx Chain - An Ethereum Layer 2 built with the Arbitrum Orbit stack, enabling tokenization, fractional ownership, and trading of AI app tokens at scale.

Capx Superapp - The hub for AI apps and tokens, where users can discover projects, participate in early launches, and trade AI tokens within a single interface.

Capx Cloud - A decentralized AI deployment network that enables builders to host and scale services, databases, agents, and applications with cryptoeconomic guarantees.

The AI App Economy

As AI evolves from a tool into a co-founder, workforce, and economic actor, Capx provides the cryptoeconomic foundation for solopreneurs and small teams to launch and scale applications with global reach. The mainnet launch marks the transition from testnet momentum to production-ready infrastructure for the next generation of AI-native businesses.

For builders ready to deploy AI applications with real economic backing and for users wanting ownership in the AI apps they use, Capx represents a new model for how value is created and distributed in the age of AI.

Symbiotic, Solv Protocol, and Chainlink Collaborate To Enhance Cryptoeconomic Guarantees of Cross-Chain SolvBTC Transfers via CCIP

Admin — Thu, 30 Oct 2025 04:00:00 GMT

We’re excited to announce that Symbiotic, the Universal Staking protocol, has joined forces with Solv Protocol and Chainlink to enhance the cryptoeconomic guarantees of cross-chain transfers of Solv Staked Bitcoin (SolvBTC). By combining Symbiotic’s permissionless restaking architecture with CCIP’s modular, highly configurable security framework, an additional layer of economic assurance is provided to users transferring SolvBTC across chains.

The collaboration incorporates two Symbiotic vaults for LINK and SOLV respectively. These vaults are backed by a Symbiotic-powered monitoring network that monitors SolvBTC transfers via CCIP and issues alerts in case of discrepancies. The LINK vault used by Solv Protocol is the same vault used by Lombard in their use of Symbiotic to increase the cryptoeconomic guarantees of cross-chain LBTC transfers via CCIP.

This use case highlights how CCIP’s modular security architecture empowers token issuers like Solv Protocol to meet their specific security needs. By seamlessly integrating Symbiotic’s restaked collateral for cross-chain transfers—without modifying CCIP itself—Solv layers custom cryptoeconomic protections that elevate SolvBTC assets to a new benchmark of trust and resilience.

Whether through additional validation logic or external monitoring networks, CCIP provides the flexibility to support a wide range of risk frameworks to meet any use case requirement.

“We’re excited to be collaborating with Symbiotic and Solv to enhance the cryptoeconomic guarantees of cross-chain SolvBTC transfers, showcasing how CCIP’s modular security architecture provides the flexibility to meet any use case requirement across chains.” — Johann Eid, Chief Business Officer at Chainlink Labs

“Symbiotic helps crypto assets gain more utility by turning them into modular, active security. Expanding our universal staking framework with Chainlink CCIP for cross-chain SolvBTC transfers shows how decentralized collateral can be deployed quickly and permissionlessly to reinforce cross-chain value flows and deliver tangible benefits to end users.” — Misha Putiatin, Co-Founder, Symbiotic

“SolvBTC is designed to serve users across multiple networks without compromising on security. By combining CCIP’s modular architecture with Symbiotic’s restaked collateral, we’re adding stronger economic guarantees around SolvBTC’s cross-chain transfers and aligning incentives across our interoperability stack, which we believe should be the golden standard for asset issuers.” — Ryan Chow, CEO, Solv Protocol

About Chainlink

Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.

Many of the world’s largest financial services institutions have also adopted Chainlink’s standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.

About Symbiotic

Symbiotic is a universal staking protocol that provides a modular coordination framework for the blockchain ecosystem. It enables protocols to evolve their security models over time and unlock entirely new economic primitives. Backed by Paradigm, Pantera Capital, Coinbase Ventures, cyberFund, and over 100 angel investors, Symbiotic launched 14 production decentralized networks, and the list keeps expanding with additional networks in various stages of integration. For more, visit Ecosystem at https://symbiotic.fi.

About Solv Protocol

Solv Protocol is the Operating Layer for Bitcoin, powering the $1T Bitcoin Finance economy through lending, liquid staking, and high-efficiency yield products. Solv connects the world’s hardest money to where capital works, transforming Bitcoin from a passive store of value into a productive and globally accessible financial-class asset. For more, visit Ecosystem at https://solv.finance/

OpenMind x Symbiotic: Restaking the Future of Autonomous Robotics

Admin — Thu, 18 Sep 2025 04:00:00 GMT

The future of robots that our grandparents had dreamed of is coming. Despite major bottlenecks in our progress toward a world populated with autonomous robots, solutions are emerging daily. The cost bottleneck is being bypassed as technology and manufacturing evolve. Prices for humanoid robots are projected to hit $15,000 by 2050, making many cheaper than used cars and opening up access to millions of families. Teleoperation offers a scalable solution to the data bottleneck. Taken together, the industry has a much more practical near-term roadmap when it comes to higher-level autonomies.

The Governance Gap

One bottleneck remains that cannot be simply solved by shifting capital or scaling data collection: trust. The same trust gap that exists in AI widens when robots operate in the real world. Concerns about job loss and privacy violations persist, as does algorithmic bias and discrimination. Amongst all of them, the common denominator is aligned, accountable human-robot interaction.

Imagine a humanoid assistant sent to pick up a pizza with a $100 preloaded wallet. It returns with the order; however, the humanoid never paid for the pizza. Liability is ambiguous (owner, manufacturer, operator, or service provider) and current legal systems offer no clear answer. In order to bring autonomous robots into our everyday lives, we must create governance structures that can address when they fail to follow policy and that incentivize robot manufacturers and operators to prioritize safety and quality.

OpenMind’s founder, Jan Liphardt, points out that “our current rule sets (laws, constitutions, and charters) were built by people for people.” Identity, law, and finance are human-centric institutions, making it unfeasible to extend access to robots. Our identities are based on birth, our laws are crafted for humans, and our financial system relies on proof-of-humanhood. This quickly falls apart when a robot tries to open a US bank account without a Social Security number. Reform is necessary to enable human-robot interaction and to create trust, both in robots and in the people who manufacture and operate them. Thus, we need mechanisms to align incentives and behavior.

Humans already have a few systems for aligning incentives. Utilizing insurance models is one option where we file claims for robot misbehavior and receive payments in return, yet the process can be expensive, slow, and subjective. Insurers and courts have to be involved and insurers may decide they don’t want to take on this risk. Another option is regulatory oversight. Unfortunately, our governing bodies have long lagged by tech innovation. Finally, we could take on self-regulation, but only when backed by clear financial incentives.

The Solution

To create a reliable governance structure for autonomous robots, we need to assign robots an identity, access to capital, and a legal code to abide by. Blockchains and smart contracts are ideal technology for creating digital governance and financial systems. Blockchains allow for universal digital identities that can be verified on-chain in order to drive trust in a machine economy. Smart contracts allow for executable outcomes to facilitate the whole system. Symbiotic’s Universal Staking and OpenMind’s FABRIC recognize the value of this technology in the development of the machine economy.

The Universal Staking framework presented by Symbiotic ensures that rules are enforced and penalizes stakeholders such as robot operators if they misbehave. Slashing conditions are defined by the network owner or coordinator. For this specific use case, on-chain verification is critical. Visibility is already easy on-chain, since everything can be verified immediately on the ledger. The issue is that robotics breaks this paradigm: most meaningful actions happen off-chain in the physical world, outside blockchain visibility. Without a bridge, machines cannot be rewarded or penalized without intermediaries. This is the role of OpenMind’s FABRIC: the oracle that brings real world data on-chain. To create trust without intermediaries, we need immutable verification.

The first step to verifiability is identity. On FABRIC, every connected device receives a cryptographic identity that anchors location, actions, and human ownership to specific robots. Each identity can then create cryptographic logs of proof-of-location, proof-of-work, and proof-of-custody which serve as attestation layers for rewards or punishments. As these logs grow in length, they will serve as a trust flywheel. Robots with longer periods of uptime and predictable behavior will receive increased cash flows rewarding quality and productivity. From there, Symbiotic takes over.

Taking this to the next level:

Think of FABRIC's current stage like a security camera system that records everything a robot claims it did, but you still have to trust that the robot isn't lying or that its sensors weren't compromised. As FABRIC matures, the network moves from "the robot says it did X" to "we can cryptographically prove the robot did X." This works through several key technologies.

Trusted Execution Environments create a secure vault inside the robot's processor where sensor data gets processed in a tamper-proof environment. Even if someone hacks the robot's main computer, they can't alter what the secure vault records. This means robots cannot produce corrupted claims.
Multi-party verification means robots don't verify themselves in isolation. Instead, nearby robots, IoT sensors, and infrastructure cross-check each other's claims, like having multiple independent witnesses to every action. This is similar to consensus mechanisms in blockchains.
Zero-Knowledge Proofs solve the privacy problem by letting a robot prove it did X without revealing the actual sensor logs or private information. This is important in scenarios such as healthcare where robots might handle patient data. Together, these technologies transform FABRIC from a system that requires human auditing into a foundation where robot actions become as provable as blockchain transactions.

Together, these primitives shift the system from detecting bad behavior after it happens to making bad behavior cryptographically impossible to hide or deny in the first place. Eventually, we have an autonomous machine economy enabled by machine-to-machine trust driven by cryptographic enforcement. FABRIC creates guardrails for the machine economy through on-chain reputation, access controls, and financial enforcement. All of which is anchored in device identity.

Through Symbiotic, smart contracts can integrate directly with FABRIC’s oracle and on-chain recordation layer. This allows Symbiotic vaults to operate not only on-chain collateral but also on verified off-chain data. By anchoring machine-generated events on-chain, Symbiotic enforces slashing and reward conditions in a fully trustless manner, extending staking guarantees into real-world machine interactions.

This integration sets the stage for the Machine Settlement Protocol, where agentic analysis of off-chain events determines when on-chain actions are triggered. By connecting Symbiotic’s universal staking framework with FABRIC’s oracle layer, settlement moves beyond pure financial transactions to include machine-to-machine trust and enforcement in the physical world.

Machine Settlement Protocol

Smart contracts aren’t really that smart, but they’re efficient. In order to be automated, slashing logic must be deterministic, meaning a defined threshold must be objectively crossed to trigger the event. For DeFi, deterministic logic works perfectly fine: if you’re trading with leverage and you fall below the collateral ratio your position is liquidated. Two issues arise when we try to replicate this system of execution in the real world: access to data and the subjectivity of real world events.

The Machine Settlement Protocol (MSP) solves both of these issues by acting as an agentic oracle translating real world robot actions into verifiable triggers for smart contracts. Multimodal sensing (GPS, LIDAR, cameras) provides hard-to-spoof data that can be verified by agents to trigger on-chain actions and instant settlements. These agents can be humans, AI, or robots depending on the scenario.

A Real World Example

Imagine an Amazon or FedEx employs a 3rd party robot delivery fleet to expand their overnight delivery capabilities. One robot malfunctions and fails to deliver a laptop, effectively robbing the recipient of their purchased item. Traditionally, an insurance claim would be filed and an investigation would ensue. This grueling process could take weeks as insurance companies fight over liability. In the worst case scenario, a post goes viral that undermines trust in the delivery fleet and costs Amazon.

FABRIC streamlines the process of assigning liability and issuing compensation. The misbehavior is detected and cross-verified by nearby robots to proactively report the issue. The robot’s cryptographic logs show exact GPS location, package scanning, biometric confirmation, and handoff verification. MSP freezes the payment to the manufacturer while simple analysis of the log can determine who is at fault. After the robot is determined to be at fault, collateral from the manufacturer’s Symbiotic vault is slashed to allow Amazon to refund the customer. This collateral event is recorded on FABRIC and raises future staking premiums for the manufacturer.

The convergence of OpenMind's FABRIC verification layer and Symbiotic's universal staking creates the missing trust infrastructure for autonomous robotics. By putting financial capital behind robot performance, we transform deployment from a leap of faith into a calculated, market-driven decision.

The critical angle here is about making robots economically viable at scale. When operators stake real money on their robots' performance, and when verification comes from cryptographic proofs rather than human oversight, we create a system that drives continuous improvement while building public trust.

The path is clear: start with cryptographic logging to build accountability, evolve to verifiable proofs for precision enforcement, and ultimately enable a fully autonomous machine economy. OpenMind and Symbiotic are building this foundation today.

The future of robotics isn't just about better AI or cheaper hardware—it's about creating the economic infrastructure that lets humans and machines work together with confidence.

About Symbiotic

Symbiotic is a modular, permissionless staking framework designed to enable flexible and programmable economic coordination for onchain applications. It provides a generalized infrastructure where any protocol can create its own staking implementation with custom logic, roles, collateral types, and slashing conditions.

About OpenMind

OpenMind is building the universal operating system for intelligent machines. Its OM1 platform enables robots of all forms to perceive, adapt, and act in human environments. FABRIC, its decentralized coordination layer, creates secure machine identity and powers a global network where intelligent systems collaborate. Together, they lay the foundation for machines that can operate across any environment while maintaining security and coordination at scale.

Symbiotic, Lombard, and Chainlink Collaborate To Enhance Cryptoeconomic Guarantees of Cross-Chain LBTC Transfers via CCIP

Admin — Mon, 15 Sep 2025 04:00:00 GMT

Symbiotic, the universal staking framework enabling marketplaces for shared economic security, has joined forces with Lombard and Chainlink to strengthen the cryptoeconomic guarantees of cross-chain transfers of Lombard Staked Bitcoin (LBTC) executed via Chainlink’s Cross-Chain Interoperability Protocol (CCIP). By combining Symbiotic’s permissionless restaking architecture with CCIP’s highly configurable modular-security architecture, the collaboration enables a future additional layer of economic assurance for users transferring LBTC between blockchains.

This initiative represents a first-of-its-kind collaboration, introducing the first in-production cross-chain transfer solution backed by restaked collateral that was jointly developed by leaders spanning cross-chain interoperability (Chainlink), restaking architecture (Symbiotic), and Bitcoin infrastructure (Lombard).

Central to this development is the creation of two new Symbiotic token vaults—one for the LINK token and another for BARD. The LINK Symbiotic vault is initially capped at $100 million, while the BARD Symbiotic vault is capped at 20M BARD. These vaults will serve as the foundation for a Symbiotic-powered network designed to engage in automated monitoring and alerting whenever LBTC is transferred cross-chain via CCIP. In the case of a discrepancy, the Symbiotic network comes to consensus and generates an alert that can be integrated into workflows.

This collaboration showcases how CCIP’s modular security architecture empowers token issuers like Lombard to meet their unique security needs. By using features like Token Developer Attestation and integrating with external cryptoeconomic systems such as Symbiotic for cross-chain LBTC transfers—without requiring any changes to CCIP itself—Lombard demonstrates how asset issuers can layer on custom protections around cross-chain transfers. Whether through additional validation logic or external monitoring networks, CCIP provides the flexibility to support a wide range of risk frameworks to meet any use case requirement.

“We’re excited to be collaborating with Symbiotic and Lombard on enhancing the cryptoeconomic guarantees of cross-chain LBTC transfers, highlighting how CCIP’s modular security architecture is flexible enough to meet any use case requirement.”— Johann Eid, Chief Business Officer at Chainlink Labs

“Symbiotic turns passive crypto assets into modular, active security infrastructure. Integrating our universal staking framework with Chainlink CCIP for cross-chain LBTC transfers showcases how decentralized collateral can be deployed quickly and permissionlessly to reinforce cross-chain value flows and deliver tangible benefits to end users.”— Misha Putiatin, Co Founder at Symbiotic

“LBTC is a chain-agnostic asset, meeting demand across networks rather than being confined to one. LBTC holders want the freedom to move their Bitcoin wherever the best opportunities are, but they also expect uncompromising security. Pairing CCIP’s modular architecture with Symbiotic’s restaked collateral gives our community stronger economic guarantees through staking. Each BARD staked reinforces the robustness of LBTC, aligning incentives and strengthening the integrity of our interoperability stack.” — Jacob Phillips, Co-founder, Lombard

About Chainlink

Chainlink is the backbone of the blockchain industry, the global standard for connecting blockchains to real-world data, other blockchains, governments, and enterprise systems. Chainlink has enabled tens of trillions in transaction value across the blockchain economy, powering critical use cases across DeFi, banking, tokenized real-world assets (RWAs), cross-chain, and more. Chainlink is widely adopted by major financial market infrastructures, institutions, and top DeFi protocols, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, Aave, GMX, Lido, and many more. Learn more by visiting chain.link.

About Symbiotic

About Lombard

Lombard is building onchain Bitcoin Capital Markets to unlock the full potential of the most important asset of our generation. Founded in 2024, Lombard pioneered Bitcoin's integration into DeFi with LBTC, the leading yield-bearing Bitcoin asset secured by a consortium of 14 digital asset institutions. LBTC reached $1 billion TVL in just 92 days and became the first Bitcoin LST trusted by blue-chip protocols including Aave, Spark, and EigenLayer. Today, Lombard is building full-stack infrastructure to accelerate onchain BTC adoption by holders, protocols, and platforms, backed by digital asset leaders including top DeFi protocols, institutions, and exchanges.

Network Highlight: Tanssi Vault Goes Live on Symbiotic to Power Appchains

Admin — Thu, 11 Sep 2025 04:00:00 GMT

At Symbiotic, we are building the foundation for universal staking, where capital can secure not just one network but the entire modular blockchain ecosystem. In our Network Highlight series we explore projects pioneering new models of scalability and security with Symbiotic.

This time we are turning the spotlight on Tanssi, an orchestration layer for appchains that is redefining how developers launch sovereign blockchains. By integrating Symbiotic’s vaults, Tanssi appchains can access Ethereum grade economic security from day one while stakers gain new opportunities to put their assets to work.

What’s Tanssi?

Launching a blockchain used to mean months of heavy lifting, setting up a validator set, designing incentives, and convincing enough participants to secure the network. Tanssi changes that equation.

Tanssi is an Appchain Orchestration Layer that lets teams launch sovereign blockchains in minutes. Appchains powered by Tanssi have Ethereum-backed security, automated sequencing, and core infra like RPCs and explorers built in — so projects can go live quickly without compromising control. With customization at the runtime level, developers can build in the features their applications require — such as governance frameworks, settlement logic for payments, or identity modules to meet compliance needs. For quicker onboarding, teams can also start with pre-built EVM or Substrate modules and extend as needed.

In practice this means a game developer, DeFi project, or identity protocol can deploy its own dedicated chain, optimized for its use case but without the friction of bootstrapping validators or managing the entire lifecycle of a blockchain. Tanssi handles orchestration and builders focus on innovation.

Why Security Matters for Appchains

The challenge for new blockchains is not only building but securing.

Bootstrap problem: Most appchains launch before their tokens have significant value, leaving early validator sets under-secured and vulnerable to attack.
Validator coordination: Recruiting and incentivizing a reliable validator set is slow, costly and distracts the team from building their applications.
Fragmentation: Each chain trying to bootstrap its own security creates silos, weakening the broader ecosystem and limiting institutional confidence.

For appchains to scale — especially in sectors like payments, RWAs, and GameFi — they need security that is credible, decentralized, and available from day one. This is why Tanssi integrates with Symbiotic: every appchain launched through Tanssi inherits pooled, Ethereum-aligned security from the moment it goes live.

How Symbiotic Enhances Tanssi

Symbiotic provides a universal staking layer. Stakers can deposit LSTs, stablecoins, or other ERC20 collateral into Symbiotic Vaults, and that capital can secure multiple networks at once.

For Tanssi this means that every appchain launched through its orchestration layer inherits pooled Ethereum-backed security directly from Symbiotic vaults. Instead of bootstrapping small validator sets or relying on a single token, security is drawn from a diverse pool of high-value assets already staked on Ethereum. Operators can also extend their security coverage to Tanssi appchains without requiring additional capital.

The result is credible, decentralized Ethereum grade security for every appchain on Tanssi from day one.

The Tanssi Vault Launch

To make this integration concrete, we’ve announced the $TANSSI Vault release.

This vault allows stakers to deposit $TANSSI tokens into Symbiotic, with that capital allocated to secure the network of Tanssi appchains. By doing so, participants directly strengthen the security of the Tanssi ecosystem while earning yield and, in many cases, additional rewards.

As part of the rollout:

Stakers gain exposure to $TANSSI incentives for supporting the network.
Operators can expand their coverage into Tanssi’s validator layer.
Developers launching appchains gain access to instant, credible security without needing to bootstrap validators from scratch.

Looking Ahead

The launch of the Tanssi Vault is just the beginning. As Tanssi’s orchestration layer enables more appchains to deploy, the demand for scalable, reliable security will grow. Symbiotic’s modular design ensures that Tanssi can expand without hitting security bottlenecks, while appchains retain their sovereignty.

Together, Symbiotic and Tanssi are setting a new standard: every appchain deserves instant, credible security backed by Ethereum’s economic weight.

About Symbiotic

Symbiotic is a shared security protocol that serves as a thin coordination layer, empowering network builders to control and adapt their own (re)staking implementations in a permissionless manner. By enabling communication between networks and vaults, Symbiotic provides maximum flexibility for stakers and builders alike.

Website | Twitter

About Tanssi

Tanssi provides sovereign appchains in minutes, combining automated infrastructure with Ethereum-aligned security from Symbiotic. By handling the operational layer — from sequencer rotation to validators and core services like RPCs and explorers — Tanssi frees teams to build their applications, whether in payments, RWAs, or DeFi, while still offering flexibility at the runtime level.

Website | Docs | Twitter

External Rewards Are Now Live

Admin — Wed, 27 Aug 2025 04:00:00 GMT

The deployment of feature-complete Symbiotic core contracts and initial networks on Ethereum mainnet, followed by the launch of Relay as a universal verification layer, marked major milestones in our roadmap. Today, we're excited to announce the next phase: external rewards are now live, directly enabling token-based incentives from networks to stakers and node operators. This represents a significant step towards sustainable shared security for modular blockchain ecosystems.

Beyond Points

Since June 2024, Symbiotic Points have incentivized participation across our ecosystem, helping bootstrap economic security and participation. While points will continue as a flexible and long-term incentive layer, networks can now enable something more tangible: token rewards distributed directly by networks to stakers and node operators via Symbiotic. This powerful combination amplifies sustainable economic alignment across the ecosystem.

First External Rewards are Live

Several leading protocols are pioneering external rewards on Symbiotic, each demonstrating how our Universal Staking framework extends beyond traditional security to enable entirely new forms of coordination:

Hyperlane secures its Warp Routes through Symbiotic, rewarding stakers with its native $HYPER token for protecting cross-chain communication.
Tanssi and Cycle Network both now distribute their native tokens to stakers and contributors, underscoring the tangible value external rewards deliver.
Spark enables SPK token staking with Spark Points through the Overdrive campaign.
Ditto Network supports trustless automation by rewarding keepers who secure event-driven workflows.
Primev (MEV-Commit) rewards validators advancing MEV marketplace activities and novel Ethereum preconfirmation strategies.
Kalypso by Marlin delivers points to participants in its ZK proof marketplace, especially those securing AI agent verification.
Omni has launched a $10M points program for deposits into SolverNet, expanding what’s possible for intent-based bridging and usage-based program design.

These integrations demonstrate how Symbiotic's Universal Staking extends beyond restaking to enable new economic coordination primitives. While restaking improved on the limitations of native staking by allowing assets to secure multiple networks, our framework now provides building blocks for coordination that transcends traditional network security. This enables multi-incentive structures that serve growing modular ecosystems.

Season 2 Points & Economic Coordination

With our January mainnet core contract deployment, we launched Points Season 2, designed to bridge the gap between idle collateral and actively secured networks.

Points distribution runs on a per-network basis, factoring in each network's security requirements and stake distribution. Each network has an upper limit on points, with allocations distributed pro-rata to vaults and depositors. When networks exceed their target stake, points are diluted to prevent farming and ensure fair distribution.

It's important to note that points only accumulate for actively delegated collateral. This means vault depositors' earnings depend on how much of their vault's assets are allocated to networks, creating a clear path from pre-deposit to active delegation.

Additionally, with the rollout of External Rewards, the points distribution system now takes into account vault diversity and utilization of restaked capital, balancing decentralization, efficiency, and risk.

To learn more about the system and how it seeks to incentivize a healthy marketplace, read more in the official documentation.

What This Means For You

For pre-deposit vault users: Consider migrating to actively delegated vaults to capture both the points multiplier and check the UI for additional network rewards. If you're using an LRT, your provider will likely handle migration automatically. Direct depositors can follow the guided flows on our front-end.

For operators: These changes create a sustainable economic model for infrastructure services, with immediate compensation from both Symbiotic points and network rewards or points. The 5% allocation encourages growing your delegated stake.

For networks: The combination of points allocation and native token incentives creates a powerful mechanism to attract economic security efficiently. Your 5% allocation from the points program can be redistributed to users, technical partners, or held in treasury.

Universal Staking also means adaptability across your network's entire lifecycle. You can seamlessly evolve your security model as you mature, starting with restaking established assets like ETH, then transitioning to hybrid models, and eventually to native token staking, all without rearchitecting your infrastructure.

Looking Forward

External Rewards mark a pivotal evolution for Symbiotic.. By creating a pathway to tangible economic incentives for all participants, we're building a more sustainable shared security marketplace.

These initial integrations are just the beginning. More partners are finalizing their reward structures and preparing to come online in the coming weeks, including more direct token rewards. Our frontend has been updated to show comprehensive information about both points and rewards, helping you evaluate vaults and make informed decisions.

As teams continue building on Symbiotic in novel ways - from insurance protocols using our framework for decentralized coverage to structured risk products creating sophisticated risk/reward profiles - we're seeing Universal Staking unlock entirely new capital-efficient economic primitives across the blockchain ecosystem.

While other frameworks force networks to commit to a fixed security architecture, Symbiotic provides the flexibility to adapt and grow. Projects can bootstrap decentralization quickly with established assets on day one, then evolve their approach as their ecosystem matures, all within the same framework.

For details on points distribution formulas, restaking ratios, or real-time vault metrics, visit our Dune dashboard.

Collateral Contagion: Modeling Cascading Slashing Across Restaked Networks

Admin — Fri, 08 Aug 2025 04:00:00 GMT

Abstract

This research in collaboration with TokenSight investigates how slashing events in restaked ecosystems can propagate across networks due to shared validator sets, shared LRT portfolios, and overlapping slashing conditions. It introduces a framework for quantifying slashing overlap risk and modeling the amplification and conditional propagation of slashing across networks. The analysis formalizes how correlated validator faults, misaligned delegation strategies, and supermodular attacker incentives can trigger cascading penalties that extend beyond the original fault domain. It also considers how collateral health and LRT portfolio composition influences validator overlap and amplifies cross-network slashing exposure. The framework aims to guide more resilient network design, operator diversification, and risk-aware delegation strategies in restaking-based networks.

The Problem of Cascaded Slashing

Restaking reuses operator stake across multiple networks, improving capital efficiency but also entangling risk. When LRTs or operators serve overlapping networks, a single slashing event can propagate beyond its origin through “contagious” collateral, shared infrastructure, or slashing semantics.

Some cascades remain localized, contained within slash-isolated vaults or delegation boundaries. Others become correlated, spreading systemically through covariant validator sets, portfolios, or dependencies. Furthermore, as stake reuse deepens, so does the covariance potential across participants, raising the probability that a localized fault escalates into a system-wide cascade.

Cascading Modes

Restaking architectures vary in how they contain or propagate slashing risk. Inspired by the modularity of the Rainbow Staking concept, designs can be broadly classified by their fault containment properties: whether slashing propagates locally or systemically.

Localized Slashing

In slash-isolated models, each vault is explicitly partitioned to be slashable by individual networks. As a result, faults remain bounded, such that a validator slashed on one network does not automatically trigger slashes to covariant networks and operators.

Yet, even under localized cascades, second-order effects can emerge:

Collateral contagion: Slashed LRTs used as collateral in lending markets can cause mass liquidations through a decline in NAV, especially in high-LTV or thin-liquidity environments;
Multi-network operator overlap: A single operator slashed across multiple networks simultaneously (e.g. through a downtime incident) triggers multi-network stake drawdown;
Shared infrastructure faults: A shared infrastructure failure or corruption in common RPC endpoints, signing keys, or oracle dependencies can lead to simultaneous localized slashes.

Correlated Slashing

Correlated slashing refers to scenarios where a single validator fault propagates across multiple networks and portfolios due to interdependent stake reuse. Unlike localized slashing, where shared infrastructure may lead to concurrent but contained penalties, correlated slashing arises from a lack of stake isolation, enabling systemic propagation.

At the core is covariance across participants: when networks, validators, or LRTs share validator sets, slashing semantics, infrastructure, or collateral sources, one fault can cascade through all dependent systems. In these architectures, the entire Operator–Network vault is slashable (not just a dedicated portion), removing containment boundaries and heightening contagion risk.

Covariant propagation channels include:

Network A slashed → shared across LRTs X/Z and Operators T/U
LRTs X/Z and Operators T/U service Networks B and C
Slash propagates into Networks B/C, compounding system-wide cascading

The deeper the interdependence, the higher and more durable the slashing severity —extending further into the same second-order effects observed in localized slashing, such as collateral contagion in DeFi, multi-network operator drawdown, and shared infrastructure faults. Each participant’s exposure depends on portfolio overlap, validator reuse, and the strength of emergency containment mechanisms.

Correlated slashing can be further bifurcated into supermodular and submodular attack regimes. In supermodular cases, the attacker’s payoff increases with each additional affected network, as similar infrastructure and slashing conditions or shared validator sets and collateral sources reduce the cost and complexity of executing multi-network attacks. In submodular regimes, the marginal gain from attacking multiple networks decreases as containment strategies enforce differentiation across slashing logic, infrastructure, and stake. Designing for submodularity is essential to suppress attacker incentives and contain systemic fragility.

Restaking Equilibrium

To help assess the nature of a potential slashing event, we introduce a restaking ratio, which measures how much active stake is reused across networks relative to the underlying vault or restaking protocol TVL.

If network A sources 100% of TVL, network B 50%, and network C 70%, the total stake sourced equals 220%, meaning each unit of collateral is reused 2.2 times across the network portfolio.

Higher restaking ratios improve capital efficiency but increase exposure to correlated slashing. Vaults/protocols exceeding a balanced range (e.g., ratio = 2.5–3.5) are penalized with lower restaking scores, reflecting elevated systemic risk.

Effective curation depends on evaluating three dimensions: network risk profiles, collateral quality, and target stake sizing. These metrics help networks determine how much TVL to source, preventing overcommitment that exceeds restaking ratio thresholds and introducing unnecessary systemic risk.

To carefully evaluate each metric refer to:

Restaking Network Risk Evaluation: Developing a Fundamental Approach for network risk profiling;
LRT Slashing Risk’s “Restaked Collateral Quality” ****metric for collateral health evaluation;
Modeling Target Stake Requirements for assessing appropriate target stakes per network.

Modelling Cascades

To quantify how slashing exposure escalates under shared conditions, let’s define the amplified risk function:

Where:

NetworkA is the baseline risk profile score for Network A;
e^S*Λt is an exponential expression using the Nepper coefficient e, which models how baseline risk scales under compounding and continuous exposure:
- S represents the sensitivity coefficient, capturing exposure to covariance, collateral quality, and operator risk;→ Lower values suggest localized containment and reduced correlation risk; higher values indicate systemic fragility from greater overlapping exposure
- Λt designates the temporal propagation amplifier;→ Lower values indicate rapid containment, as in localized cascades; higher values reflect prolonged propagation typical in correlated cascades
R'NetworkA is the amplified risk score result, which reflects correlated propagation effects for Network A.

The expression showcases how slashing risk escalates with overlapping exposure and time-sensitive propagation. Jumping to some practical examples:

Network A is the safest and Network D the riskiest, both in isolation and in correlation-adjusted terms. Network B shows how moderate baseline risk, when paired with high sensitivity and temporal amplification, can produce a higher systemic risk than a higher baseline score with better containment. Despite scoring lower than Network C in baseline terms (4 vs. 6), Network B’s amplified risk (8.552) exceeds that of Network C (6.765) due to stronger covariance and propagation coefficients. This highlights that baseline risk alone is insufficient and true risk is shaped by how correlated, sensitive, and time-exposed a network is.

Networks A and C exhibit profiles typical of localized slashing, where contagion is limited. Networks B and C, by contrast, reflect contexts of correlated slashing, where covariance amplifies slashing impact.

Let’s now define conditional risk propagation as:

The expression captures the expected slashing impact on Network B given the covariant Network A has been slashed.

This formula captures second-order propagation, where correlations emerge from LRT and validators portfolios overlap, or entangled slashing conditions.

Curators and risk managers must minimize these correlations across portfolios to reduce the likelihood of conditional propagation. Achieving a low propagation requires proactive containment design, including:

Risk profiling participants;
Cap restaking ratios per vault;
Collateral diversification buffers;
Clustering validator sets by exposure severity;
Modeling and simulating potential propagation paths.

Slashing Insurance Vaults: A New Primitive for Onchain Risk

Admin — Thu, 31 Jul 2025 04:00:00 GMT

While slashing events are rare, their impact can be devastating and disproportionately affect smaller participants. Re² and Symbiotic propose a new solution: Slashing Insurance Vaults (SIVs). These are modular vaults where delegators pool capital and self-insure against slashing by separating risk across tranches.

Why Existing Insurance Falls Short

Slashing insurance today is either too centralized or too limited. Institutional players offer offchain coverage, but it requires KYC, large premiums, and custom contracts. Onchain mutual insurance pools exist, but they cover only a small portion of the ecosystem, often rely on slow governance, and aren’t scalable. The result is that most staked assets remain uninsured, especially in newer restaking environments.

A Proven Idea from Traditional Finance

The paper draws inspiration from traditional finance, particularly tranching in mortgage-backed securities and syndicates like Lloyd’s of London. These systems spread risk across layers: junior participants take first loss and receive higher premiums, while senior participants are protected unless losses are extreme. This idea maps well to staking: junior capital insures senior capital, and yield is redistributed accordingly.

Structure of a Slashing Insurance Vault

The vault accepts deposits into three layers: junior, mezzanine, and senior. Each is affected differently when a slashing event of size LL occurs:

If L < Cj, the junior tranche absorbs all losses
If Cj < L < Cj + Cm, juniors are wiped, and mezzanine covers the rest
If L > Cj + Cm, losses flow into the senior tranche as well

Mathematically:

This structure ensures predictable and ordered loss-sharing among vault participants.

Premiums and Rewards: Risk Pricing

Each tranche receives rewards (called coupons) and pays premiums. The total premiums collected are redistributed among the tranches. If the coupon share for the junior tranche is Cj and its premium rate is pJ, then its expected return is:

This equation shows how the junior tranche earns more yield as compensation for higher risk, while the senior tranche earns less but is safer.

What Makes This Fair?

The model uses the concept of expected excess loss to determine fair pricing. If a tranche is expected to lose more than its proportional share of vault capital, it should be compensated with higher premiums. The fair premium formula is:

Where Delta i is the excess risk relative to the tranche’s capital weight.

Detecting Slashes: Oracle Infrastructure

For payouts to be triggered accurately, the vault must detect real slashing events. This can be done via on-chain logic or trusted oracles. When a slash is confirmed, the vault burns collateral from affected tranches and redistributes yield. Symbiotic’s Relay and Re²’s CCM are designed to support these functions across chains.

Slashing Behavior on Ethereum

To build the loss model, the authors use Ethereum’s slashing data. Most slashes follow a predictable structure:

Where bb is the validator’s balance, SS is recent total slashed ETH, and dd is the network-wide stake. While this is a simplification, it allows vault designers to estimate worst-case loss and price tranches accordingly.

Vault Extensions: What’s Next

Future upgrades to the vault structure may include:

Undercollateralized tranches, increasing capital efficiency
Reinsurance vaults, which pool tail risks across multiple SIVs
Dynamic pricing models, using bonding curves or auctions
LST integrations, using liquid restaking tokens as capital
Cross-chain vaults, enabling interchain coverage with minimal trust

Each extension adds complexity but also improves risk-adjusted returns and coverage scale.

A Better Foundation for Risk in Staking

SIVs bring institutional-grade insurance logic to decentralized staking. They provide a permissionless and composable way to pool risk, redistribute rewards, and programmatically enforce coverage. By layering insurance on top of modular vaults, these systems create trust-minimized protection for networks, validators, and delegators alike.

Final Thoughts

This model is not a speculative idea, but a deployable framework. With careful calibration of premiums, slashing oracles, and governance parameters, Slashing Insurance Vaults can become the foundation for how restaking ecosystems manage capital risk. More than just an insurance layer, they represent a new economic primitive for on-chain security.

Review the full research below:

https://github.com/dias-henrique/Slashing-Insurance-Vaults/blob/main/CESIV.pdf

Spark + Symbiotic: Native Staking Goes Live

Admin — Wed, 18 Jun 2025 04:00:00 GMT

We're excited to announce that Spark, the leading onchain capital accelerator with over $4B deployed across DeFi, has integrated Symbiotic to launch their native staking infrastructure. This integration demonstrates how protocols can easily deploy staking mechanics from day one without building custom validator infrastructure, a key example of universal staking in production.

Beyond Restaking

Spark's integration represents the next evolution of staking infrastructure. Rather than spending months developing custom systems or limiting themselves to existing restaking models, Spark deployed Symbiotic's modular framework to launch with:

Production-grade staking mechanics at mainnet launch
Access to established operator networks
Flexible economic coordination that evolves with their protocol
Infrastructure that scales from token staking to active validation

The Path Forward

While Spark's immediate implementation focuses on token coordination and airdrop mechanics, the integration establishes the foundation for more sophisticated security models. Spark is actively expanding SPK's role from token staking to securing essential protocol infrastructure using Symbiotic.

This progression showcases how protocols can launch with meaningful staking today while building toward complex security models as their technical requirements mature.

Integration Benefits

Spark's deployment highlights how Symbiotic enables protocols to integrate universal staking at any development stage:

Immediate Deployment: Launch with sophisticated staking without infrastructure overhead
Modular Architecture: Integrate staking components exactly where needed
Evolutionary Security: Scale from token coordination to active network validation

Universal Staking at Scale

This integration reflects a broader shift in how protocols approach infrastructure. Instead of treating staking as a future technical challenge, protocols are integrating universal staking as core infrastructure for user engagement and economic coordination.

Spark joins protocols across 15 production networks leveraging Symbiotic's universal staking infrastructure, secured by over $1B in stake. As protocols increasingly require sophisticated participation mechanics, universal staking becomes essential for sustainable ecosystem growth.

The integration demonstrates that protocols no longer need to choose between rapid deployment and sophisticated staking infrastructure. Universal staking protocols enable both.

The Symbiotic SPK vault is available here.

If you are interested in learning more or collaborating with Symbiotic, reach out to us here.