Catalysis partners with SPICE to bring programmable, principal-protected coverage to institutional DeFi credit markets by combining restaked security infrastructure with professional risk underwriting and real-world asset origination.
Covered Lending pairs borrower collateral with programmable coverage policies backed by restaked assets from EigenLayer and Symbiotic, leveraging Euler V2s modular vault architecture to enable more capital-efficient institutional lending while maintaining lender protection through automated smart-contract enforcement.
Institutional capital is ready to flow onchain, but without coverage infrastructure, it won't. Just as Lloyd's enabled global trade, DeFi needs institutional-scale coverage to unlock trillions.
Catalysis pivots to become the first fully onchain risk coverage infrastructure, transforming $20B+ in restaked capital into programmable protection that enables institutional-scale DeFi adoption.