
Carmine Finance

Area
Product
Web platform
Client
B2B
Advanced risk management in decentralized finance.
DeRisk offers a real-time monitoring platform that tracks the status of loans (i.e., identifies those nearing liquidation) and liquidity across different protocols on given chains. The platform provides early warnings of the risk of underwater loans, giving protocols time to implement countermeasures and avoid trouble.
Unique selling points:
- Comprehensive monitoring of the entire chain ecosystem, which most current lending protocols (and in the future banks and insurance companies) cannot do because they only focus on their data.
- Effective monitoring at a more reasonable price compared to the competition.
Incubation
Challenge 1/2024
Technology readiness
- Development
- Proof of concept
- Prototype
- First implementation
- Extensive implementation