Dialectic

@makinafi More Machines in view 👀

RT @makinafi: The Senior Royco USDC Machine crossed $10m in TVL since its launch one month ago. Senior Royco USDC is designed to manage an…

Great explainer of how @roycoprotocol Dawn works. Pay special attention to the "What’s Live Right Now" section and the Senior Royco USDC Vault. The srRoyUSDC vault gives depositors diversified yield exposure across Senior tranches and is also composable across DeFi. Read here:

DUSD, DETH, and DBIT Machine Updates. Week 18-20. open.substack.com/pub/dialecticg…

26 days into DeFi Bench. That's 79 rounds (8 hours per round), of live, onchain yield management, from 8 frontier models with real capital. Inception-to-Date Return Standings: 1st: @ChatGPTapp (@OpenAI) 2nd: @claudeai (@AnthropicAI) tied with @GeminiApp (@Google) and Qwen (@Alibaba_Qwen) 3rd: Kimi (@Kimi_Moonshot) 4th: @grok (@xAI) 5th: GLM (@Zai_org) 6th: Mistral (@MistralAI) All running on @makinafi and @AskVenice. Note: Inception-to-Date Returns is only one metric. Go to Defi-bench.com for the whole story.

DUSD, DETH, DBIT, and the Senior Royco USDC Machine are open and viewable, so anyone can see exactly how capital is deployed. Allocations, share price, accounting, APY, and more, all visible.

@k4komaaaal Check this:

WHO'S HIRING IN CRYPTO? Spent the last few hrs going through all of the hiring posts Turned them into one clean notion tracker 100+ web3 companies hiring across: AI, DeFi, infra, exchanges, RWAs, consumer crypto, research, data, and more instead of bookmarking multiple hiring posts from last few days, you can just use this will keep updating it as new hiring posts drop credits to everyone who originally posted the opportunities🫶 @binji_x @belizardd @stacy_muur @manyaaww Notion doc access below

We're up to Round 66 on DeFi-Bench.com, with 8 frontier models battling each other for onchain asset management supremecy. 1 round = every 8 hours. Important Info: Every 5th round, the Investment Committee runs first and may update the Trader's strategy. This is where a lot of the action happens. Then the Risk Researcher produces a fresh risk assessment. Finally, the Trader receives the risk note, Investment Committee feedback, and a rich context packet that includes: -Portfolio State -Market Data -Available Actions -Performance Feedback Based on this context, the Trader produces a reasoned analysis and an ordered set of commands such as supply, withdraw, swap, bridge, harvest. Commands are validated against a root file of approved actions. Invalid commands are dropped, and approved commands are then executed onchain through @makinafi's spellcaster CLI. This is why we chose Makina's execution engine for DeFi Bench. It lets agents operate DeFi strategies within hard, onchain boundaries. Reasoning is open-ended but the execution is not.

Small update with DeFi-Bench.com. We update the models as soon as a new version is released. For example: Grok was just updated from 4.2 to 4.3 Will this give @grok the edge to move up from 6th place? Stay tuned to find out...

You can also get exposure to a curated market of Senior Tranches via the Senior Royco USDC Vault. USDC yield with built-in loss protection across multiple sources. dawn.royco.org/earn/1/0xcd9f5…

At Dialectic, we have a remarkably talented team of people that bring a lot of fun to their work and derive meaning from what we’re building. And now we're expanding. Full job description/links in our bio.

One of the most interesting early observations of defi-bench.com is that, yes Claude currently outperforms, but the open source models catch up considerably due to much lower token cost. Will be fascinating to see how this evolves. Kudos to @FarmerAlbus on this important experiment in DeFi-AI.

In DeFi Bench, the competing AI model is only part of the story. Each AI model competitor runs a three-agent pipeline: - Risk Researcher - Trader - Investment Committee The Risk Researcher produces due diligence before each round. The Trader receives that research, makes allocation decisions, and executes onchain. The Investment Committee reviews performance every five rounds (~40hrs) and can rewrite the Trader's strategy document directly. This separation mirrors how institutional investment teams operate, where research informs trading and periodic oversight keeps both accountable. Every model starts with the same seed prompts, @makinafi infrastructure, and starting capital. Who is going to take the top spot? See for yourself: Defi-Bench.com

Royco Dawn leverages Dialectic Meccanico Strategies on Makina. Structured yield requires someone to decide which markets to enter, when to move, and when conditions have changed. A vault is only as good as the decisions made inside it. The strategy layer inside a vault defines its outcomes. Dialectic Meccanico is a DeFi strategy operator built on the operational experience of the Dialectic team. Since 2020, that team has run systematic DeFi strategies through bull markets, bear markets, exploits, and liquidity crises. In October 2025, @Dialectic_Group became the first operator on @makinafi, launching DUSD, DETH, and DBIT. Dialectic Meccanico's vault applies that same discipline to tranching, collateral management, and leveraged loops. The Dawn vaults are structured to capture that performance. Makina enforces vault actions through pre-approved instructions at the contract level. Every action Dialectic Meccanico can take is scoped upfront. Nothing outside that scope can be executed. This is what Makina's instruction-based architecture makes possible: programmatic strategy execution with transparent, contract-level constraints and no discretionary authority beyond the pre-defined scope. Royco Dawn backed by six years of battle-tested systematic DeFi execution experience and the most capable vault infrastructure in DeFi.

Would you let @claudeai manage your DeFi portfolio? What about @grok?... or @GeminiApp? That's exactly what we did this week with defi-bench.com along with 5 other frontier models. A research project and benchmark that measures how well frontier AI models can autonomously manage real DeFi portfolios. Everything is onchain and managed through @makinafi, which is the most suitable vault infrastructure for autonomous portfolio managers running onchain strategies. Every agent receives identical prompts, the same starting capital, and the same approved set of protocols and actions. The only variable is the model's intelligence. Unlike traditional AI benchmarks that rely on static exams or sandboxed simulations, DeFi Bench operates in a live market where decisions have real financial consequences. We're now in Season 1 and the focus is yield fundamentals. Models and their agents manage a USDC portfolio across established protocols like @MorphoLabs, @aave V3, @CurveFinance, and @0xfluid, all on @ethereum mainnet (for now). The focus is on core yield optimization: APR evaluation, risk-adjusted allocation, and cost-aware rebalancing. Go here: defi-bench.com and have a look around. Tell us what you think.

@roycoprotocol @immunefi Great initiative and great team to work with!

Royco has partnered with Immunefi to host an active bug bounty program for Dawn, with a maximum reward of $250,000. @immunefi protects $151.8 billion across hundreds of protocols, has facilitated $130 million in vulnerability payouts, and has prevented over $25 billion in hack damage. Their community spans 80,000 security researchers. The incentive is simple: find a real vulnerability, get paid a real reward. The program covers Dawn's core smart contracts across every blockchain, market, and vault. To the Immunefi team and every researcher who has looked at Royco Dawn: thank you. Security is our top priority and your work facilitates that.

@makinafi As per the post, "Makina is an excellent infrastructure to entrust autonomous agents with capital to manage; it makes it possible to do so safely, and to define a strict environment for the agent to evolve within."

Ever wondered which frontier model is best to manage assets like a pro? We may be getting closer to the answer, with the launch of DeFi Bench by @Dialectic_Group. There is no better team to run a live test of frontier models with real capital than Dialectic. Their extensive history in the DeFi space building custom tooling dovetails perfectly into a research project like defi-bench.com. But running the models safely is another question altogether. Enter Makina. This is what Makina was designed for. Not just human operators running strategies, but any autonomous system that wants to deploy capital within defined boundaries. MakinaVM validates every command against a Merkle tree of pre-approved Instructions before anything executes onchain. Dynamic decisions like token amounts stay flexible so agents can size positions freely, but the scope of what they can execute is strictly constrained. Eight models running live, recording three rounds a day, all with real USDC. May the best win! @claudeai, @OpenAI, @GeminiApp, @grok, @Kimi_Moonshot, @MistralAI, @Alibaba_Qwen, @Zai_org Follow along and join the conversation in the Makina Telegram: t.me/makinafinance