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Digital assets

Helio Protocol

Treasury yield, on-chain and auditable

USD 84.2m across eight protocols, with the simulation that cleared the last move sitting next to it
Sector
Digital assets
Location
Dubai, UAE
Year
2025
Kickoff to production
19 weeks
01Overview

An institutional on-chain treasury product with simulated transactions, hard risk budgets and reporting a CFO can sign.

02The problem

The team wanted on-chain yield without accepting on-chain operational risk. Every allocation was manual, unsimulated and impossible to explain to an auditor.

Allocation, utilisation and cap for every protocol against a single risk budget
03What we built
  1. 01

    Simulate before signing

    Every transaction is simulated against forked state, with allowance hygiene and slippage bounds enforced before it is broadcast.

  2. 02

    Risk budgets, not vibes

    Per-protocol exposure caps, automated de-risking triggers and monitoring that pages a human when a threshold is approached.

  3. 03

    Reports that reconcile

    On-chain activity maps to accounting entries, so month-end matches the ledger instead of a block explorer screenshot.

A USD 6.4m allocation waiting on its second signature because it would sit 4pp under a de-risking trigger
Simulated on forked state before signing: 0.04% slippage and the allowance revoked after execution
04The result

Allocation went from a manual afternoon to a reviewed, simulated, one-click action, with an audit trail that passed external review on the first attempt.

What changed

Every allocation
Simulated first
Protocols under one risk budget
8
External audit outcome
1st pass
Month-end signed by the group treasurer with 214 of 214 on-chain movements matched to a ledger entry

Stack

  • Solidity
  • Foundry
  • Next.js
  • Tenderly
  • The Graph

Disciplines applied

  • Financial technology
  • Data & analytics

Closing

Do you have an idea, or a problem?

Either works. In my experience the second one goes faster.

I usually reply the same day.