Stormbit

Excited to announce that we’ve partnered with @PashovAuditGrp as our primary security partner to audit and strengthen Stormbit. 🔒 More audits are planned as we keep security at the forefront of our development.

@OryxenDS @getprism_money best design team <3

Prism: We let foreigners spend like locals in Vietnam without a local bank account. Here’s how we helped @getprism_money make that real in just few days 👇

@viktorfischer building in the bear 🫡

Writing to our investors: . Q1 was another terrible quarter for crypto, with total market cap declining -22% (after -27% decline in Q4 2025). . Trading volume looked even worse: Q1 spot trading volume on centralized exchanges reached $3.1T, a -37% decrease vs Q4 2025. Perpetual futures trading volume (used by traders to trade on leverage) fell to $12.7T in Q1, a -26% decrease vs Q4 2025. We continue to be in bear market, which we think will hold for 6-12 months. Institutional interest (eg Apollo, Fidelity, Blackrock), the technology (eg speed, privacy, AI adoption of crypto rails), revenue-generating applications (eg Hyperliquid, Pump), adoption of Real World Assets onchain (eg commodities, reinsurance) and regulatory improvements (eg Genius, Clarity bills) continue to build the foundation for the next major crypto cycle.

Stormbit is not a money market. It is not a yield farm. It is the oldest credit primitive in finance, rebuilt as code, opened to anyone with a wallet and a thesis. We think it is the only honest way to lend money on a blockchain. We think the rails get written once. We think it is us.

Only on stormbit.finance Gated access. OPEN NOW. Cohort 3 last seats. Cohort 4 open for registrations.

We are running cohort 2 now. Dm to get a chance to experience borrowing at 0% cost with ETH.

@meeva01 🤝

@StormbitX See you there Stormbit

miami next week. onboarding users starts in the magic city.

Yes, very well said. Velocity was about managing risk after origination. (I liquidate) Robustness is about pricing it before. (I don't liquidate). Stormbit prices risk. @StormbitX

Equal protection for lenders and borrowers. First time in DeFi.

. @LucaProsperi nails the diagnosis. DeFi is brutal for borrowers. Liquidation risk is structural and no protocol has fixed it at the source. Lenders unknowingly underwrite risk they don't understand. Borrowers get liquidated. Nobody solved both sides. The math was always there. Someone just had to build it. @StormbitX is right now the only protocol where lenders and borrowers are EQUALLY protected. VCs looking for the next DeFi primitive, DMs open. @LucaProsperi @adcv_ @theempirepod - give us 30 min. If we're wrong, we're wrong (i doubt :) ). If we're right, you have your story. @Mehdi96_ @jrcarlos2000 @StormbitX

@pashov @AnthropicAI in pashov we trust.

Hey @AnthropicAI let's go toe to toe I bet $100,000 my agent finds more valid Critical/High/Medium total smart contract vulns than Mythos, 1 run each I'm a small boii here in web3 security, your "scary" agent wouldn't be afraid of mine, no? Serious bet. Tag anyone, I'm ready.

@Mehdi96_ @santiagoroel yup we do.

1) utilization curves price capital demand. they say nothing about downside. that's why the spread is missing. yea, indeed, the 250-400bps fair spread luca calculated is already priced in real time on derivatives infrastructure with real liquidity. I dropped you an email with more detail about how we using the same infra at @StormbitX to price every loan from actual risk, not pool utilization.

rates in DeFi are too low for the level of risk $11.7B sitting in Morpho vaults today at 2-4% APY. retail is funding these markets via exchanges thinking it's a savings account. it's not. they're taking real credit risk on crypto-collateralized lending no institution accepts near risk-free rates to come on-chain not all vaults are created equal. same 2-4% yield but completely different risk profile (different curators, collateral, LLTVs). retail picks the highest number. farmers will farm back in the day >100% APYs in DeFi made sense. you were compensated for the risk you were taking. DeFi is a different animal today but vol, historical dislocations, and looping strategies on crypto collateral still demand at least 300-400 bps above risk-free. we're nowhere near that. @LucaProsperi ran the math (see below). tldr - fair value spread on ETH/BTC-collateralized lending is 250-400 bps above risk-free. observed rates are a fraction of that last cycle we saw a lot of retail pour savings into algo stablecoins promising "risk free" yield. this cycle vaults have a lot of demand but they are mispriced for the level of risk. you're trusting someone to LP into vaults and trust the manager will manage position at least private credit earned you 12-16% go read this: open.substack.com/pub/dirtroads/…

Stormbit will be in the room. Come say hi.

Interesting thread. The $6.2M isn't really about curators being slow. It's about a deeper architectural assumption — that risk management can be a role instead of a primitive. When you step back, institutional DeFi needs three risk layers solved at the protocol level: 1. Depeg risk — does the peg hold? 2. Price risk — does the collateral hold? 3. Credit risk — does the borrower hold? Most of what exists today solves these with people and permissions. The interesting question is what happens when you solve them with math. When you're originating hundreds of loans a day across multiple collateral types, you can't have humans in the loop deciding if the market is dangerous. The pricing model already knows. We're closer to this than most people think.

@EliBenSasson Fix the terms of lending, basically fixed-term lending.

If you could fix just one thing about crypto, what would it be?

@grahamfergs insured DeFi ? or hedged DeFi loans ? 👀

Low-risk DeFi

@ngjupeng @grahamfergs we do, thanks @ngjupeng 💜

@grahamfergs Say hi to @StormbitX, they have insurance built-in and better terms

What are the top fixed rate lending protocols?

@Mehdi96_ Cool banner 👀🏖️🩴

I spent 2 years obsessing over one question: why does every DeFi lender eventually get burned? Variable rates. Open-ended exposure. No insurance. No predictability. So we built the opposite. Every loan on Stormbit has a fixed rate, a fixed term, and insurance — before it goes live. Not because it's trendy. Because it's the only way institutions will ever trust onchain lending with real money. Fixed rates aren't a feature. They're the foundation. Glad the rest of DeFi is catching up. We'll be in Cannes if you want to talk about what comes next.

@dannyxs2k thanks our lovely designer 💜

@StormbitX amazing!!!

Fixed rates will take DeFi beyond crypto — and we agree. That's why we built from day one as fixed-rate, fixed-term, with insurance on every loan. The future of onchain lending is predictable, bounded, and institutional-ready. See you in Cannes 🏖️🩴

@grahamfergs hello 👀