Educational Resources
Foundational guides to prediction markets, perpetual event contracts, OTC hedging strategies, protection swaps, and stablecoin reserve overlays — written for institutional counterparties.
What prediction markets are, how they generate probability estimates, the regulatory landscape after FTX and Kalshi, and how institutions use them for hedging.
Read guideHow perpetual event contracts differ from fixed-expiry derivatives, the funding rate mechanism, and why they are better suited for ongoing risk transfer.
Read guideA practitioner's guide to event-contract hedging: tail-risk protection, revenue-correlation hedges, rolling strategies, and portfolio construction principles.
Read guideHow OTC bilateral protection swaps work, how they differ from insurance and listed options, ISDA master agreement implications, and key-person use cases.
Read guideHow perpetual OTC overlays let stablecoin reserve managers earn commodity and RWA upside on T-bill reserves — with a structural floor and GENIUS Act compatibility.
Read guideHow multilateral PTRRS works under CFTC No-Action Letter 26-20 — compressing redundant positions and reducing tail risk across the network, bilaterally.
Read guideHow community banks use bilateral OTC swaps to hedge AFS/HTM duration, CRE concentration, and deposit-cost risk — and free regulatory capital in the process.
Read guideHow sports books, iGaming operators, and casinos hedge jackpot tail risk, promo liability, cashout velocity, and FX exposure — and deploy float into yield with a hard floor.
Read guideHow insurers, captives, and pension plans release RBC capital and reduce reserve volatility with parametric cat swaps, duration IRS, longevity swaps, and reserve overlays.
Read guideHow any business can displace traditional insurance premiums with parametric ECP swaps — index-triggered protection across catastrophe, weather, energy, FX, and credit, at a fraction of the carrier cost.
Read guideHow market makers hedge binary-event inventory with call spreads, D8 probability options, and perpetual legs built from an arb-free risk-neutral density.
Read guideHow your AI agents discover and negotiate bilateral hedges with counterparty agents under your standing mandate — zero human steps within policy.
Read guideAlways-on bilateral capacity: pre-vetted capital providers ready to take the other side of your hedge, matched by routing optimizer — no RFQ broadcast.
Read guideCross-participant risk intelligence with ε-differential privacy and k≥3 anonymity — know when your hedge is above or below the network without exposing anyone's book.
Read guideProgrammable bilateral settlement with SHA-256 proof chains — conditions trigger automatically and every settlement is independently verifiable.
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