About Tessera

Borrowing against tokenized stocks shouldn't liquidate you in your sleep.

Tokenized stocks trade 24/7, but the market behind them doesn't — so positions gap overnight and over weekends, and people get liquidated in their sleep. Tessera exists to make borrowing against tokenized equities genuinely safer, with an AI risk layer that watches and protects every position continuously.

What we're building

Tessera is a non-custodial lending market for tokenized equities, paired with an autonomous risk agent — the Watcher — that monitors every position around the clock and works to prevent catastrophic liquidations before they happen. Lenders earn yield on USDC; borrowers unlock liquidity against their tokenized stocks without selling. A deterministic on-chain core makes every decision that moves money; the AI never holds your funds.

Our long-term goal is bigger than one lending market: The autonomous AI risk layer for tokenized real-world-asset lending.We're building it in the open, on Arbitrum Stylus, and we'd rather earn trust slowly through transparency than quickly through hype.

Where we are today: Live on testnet (Robinhood Chain). Not yet open to real funds. (on Robinhood Chain, an Arbitrum Orbit L2.)

How we work

Security before features

Conservative loan-to-value limits, an on-chain reserve, and a deterministic risk core. We ship safety first and add surface area second.

No token, ever

Tessera will never launch a token. Revenue comes from a transparent reserve factor on interest — never from selling a coin.

Radical transparency

Open-source code, public risk parameters, honest disclosures, and a live status page. We'd rather lose a user to clarity than to a surprise.

Built in the open

Public repository, public roadmap, and a build log. Judge us by what we ship, not by what we promise.

The team

Founder-led and building in the open — a small team with a high bar. Judge us by what we ship: the open-source code ↗, the live protocol, and the on-chain transparency page.

Ritik Pandey

Founder · Protocol & Full-Stack Engineer

Designs and builds the entire stack end to end — the Rust/Stylus vault and oracle, the autonomous Watcher agent, and the web app. Building Tessera in the open.

X ↗GitHub ↗

Join the team

Protocol · Frontend · AI agents

We're growing the founding team. If you build serious DeFi, Rust on Stylus, or autonomous agents, say hello at hello@tessera.xyz.

Get in touch

Building something here, evaluating Tessera, or want to talk? Reach us at hello@tessera.xyz or read the litepaper.