The Chainlink Build program fosters promising early-stage startups and established projects in Chainlink’s ecosystem. Participants receive benefits including enhanced access to essential Chainlink infrastructure, new product alpha and beta releases, and technical support, in exchange for paying fees that incentivize Chainlink service providers, boost the network’s cryptoeconomic security, and advance the web3 industry as a whole.
This week, Cassa, a deterministic protocol for risk pricing and transfer, announced it joined Build to accelerate the adoption of a new primitive for tokenized risk that helps establish an advanced standard for DeFi-native risk infrastructure.
Cassa’s onchain infrastructure is built to accelerate institutional DeFi adoption. The protocol transforms risk into liquid, tradable markets with streaming payouts, composability, secondary trading, and real-time hedging for vaults, tokenized real-world assets (RWAs), lenders, stakers, and stablecoin issuers.
By replacing human governance with algorithmic AMM pricing and utilizing Chainlink’s highly reliable oracle infrastructure for settlement, Cassa eliminates claims processes and subjective arbitration while supporting objective risk triggers including solvency issues, asset depegs, utilization spikes, slashing events, and yield underperformance.
Having facilitated over $28 trillion in transaction value, Chainlink secures the vast majority of onchain finance and provides key oracle services for a spectrum of RWA issuers including global financial institutions such as ANZ and Fidelity International.
“Joining the Chainlink Build program enables Cassa to fully leverage Chainlink’s expertise and infrastructure in scaling onchain risk markets and risk transfer infrastructure,” said Cassa co-founder and CEO, Luca, in an official announcement.
“By building on the industry-standard Chainlink oracle platform, objective risk triggers can be priced continuously while enabling streaming payouts, tradable coverage, and real-time hedging with a higher standard of security.”