Fibonacci Finance is a data-driven risk management suite designed to provide visibility on the financial risks associated with digital assets.
Overview
Fibonacci Finance enables clients to develop their own applications using APIs or to set up in-house risk engines swiftly. The platform is particularly beneficial for:
- Token Projects: It assists in optimizing on-chain liquidity and facilitates token listing on more lending platforms as collateral.
- DeFi Protocols: Offers tools to optimize risk engine design throughout the lifecycle of a DeFi protocol.
- Traders and Institutions: Incorporates advanced financial risk analysis into the due diligence process to capture opportunities and mitigate potential on-chain liabilities.
The project aims to simplify the process of risk assessment for digital assets, working across various distributed ledgers. It includes a suite of tools such as liquidity monitoring dashboards, custom risk engines for perpetual exchanges, and decentralized finance (DeFi) risk engines.
Services and Features
Liquidity Dashboards
Fibonacci Finance's liquidity dashboards are essential for any token trading on-chain, providing real-time tracking of Total Value Locked (TVL), volume, slippage, and capital efficiency.
Risk Models
The platform addresses the shortcomings of current DeFi risk management by providing instantaneous, real-time, data-driven approaches that simplify quantitative analysis.
Risk Management for Different Company Stages
- Seed Companies: Can kickstart their risk engine using Fibonacci's APIs and request bespoke services if needed.
- Growth Companies: Manage growth and liquidity by enhancing existing engines with Fibonacci data and bespoke dashboards.
- Mature Companies: Transition to data-driven risk management and automate risk processes with enhanced internal models.
Real-time Incentive Optimization
Fibonacci Finance offers real-time calculation of key risk parameters, basic to advanced risk metrics, and quick protocol risk evaluation, with the flexibility to customize and adjust risk parameters in real-time.
The Radix Connection
Fibonacci Finance has been featured in a Q&A on Radix's blog, highlighting its specialized risk management solutions for DeFi projects, NFT ventures, and DAOs. The platform's APIs allow users to analyze financial risks associated with Radix assets, filling a gap in affordable and effective risk management tools in the DeFi sector.
Co-founders Shimon and Samiar have a vision to make DeFi a robust alternative to traditional finance. They have chosen Radix for its native-layer composability, security, and DeFi-centric approach, which augments Fibonacci's functionalities and aligns with transformative DeFi projects.
Roadmap and Future Plans
Fibonacci Finance aims to support every burgeoning DeFi ecosystem, with plans for major chain expansion, successful fundraising, and pioneering financial risk models. Their roadmap is set to establish Fibonacci as an indispensable risk management tool in the DeFi arena.
Fibonacci Finance has integrated major assets post Radix’s Babylon update into its suite of APIs, allowing developers to access complex data regarding token composition and financial risk metrics easily. This integration empowers Radix DeFi projects to incorporate advanced financial risk data, aiding in tasks such as managing liquidations and visualizing slippage for users.
Safety and Accessibility
While the tools provided by Fibonacci Finance are designed to enhance safety by providing robust data for risk management, the implementation and effective use of these tools are up to the Radix community and other users.
Founders and Team
Shimon, alongside his co-founder Samyar, who has a background in international business and finance, established Fibonacci Finance. Their collective experience includes a previous DeFi project on Solana and nearly six years of collaboration on various ventures.
Clientele and Grants
The company has sustained itself through client acquisition and grants without the immediate need for external funding. It has received grants from several major blockchain chains and has garnered a diverse client base from these platforms.
Future Outlook and Integration with Radix
At the time of the source interview, the integration with Radix was anticipated to be already live. The team at Fibonacci Finance was closely monitoring new tokens in the Radix ecosystem, aiming to expand their risk metrics services.