Systemic Capture Engine
Stocks lending mints double-digit billions every year, yet wallets that supply the asset see none of the flow.The bad news, it was engineered this way.Layered desks insert spread, drag out settlement, and confiscate rent under opaque agreements.The good news, onchain rails unwind that asymmetry.
The Scale
$3.5T rehypothecated
Global equities cycled through broker balance sheets each year.
+$10B rent skimmed
Annual stocks lending spread harvested by intermediaries in 2024.
Owner share ≈ 0%
Asset holders fund the trade, middlemen book the cashflow.
Designed to Keep You Out
Legacy rails tax you twice: slow, expensive settlement plus black-box pricing. The custody agreements you click through let brokers rehypothecate your assets, pocket the spread, and bury the disclosure.There’s a cleaner market already running; direct, transparent, programmable. Plug in, and the rent comes home.