--- type: entity entity_type: company name: "Torch Market" domain: internet-finance status: failed website: "https://torch.market" twitter: "https://x.com/torch_market" tracked_by: rio created: 2026-03-11 key_metrics: funding_target: "$75,000" funding_outcome: "refunding" launch_platform: "Futardio" launch_date: "2026-03-05" close_date: "2026-03-06" --- # Torch Market Torch Market is a DeFi protocol on Solana combining swap, lending, liquidation, and yield functionality in a single formally verified protocol. The project positioned itself as a non-extractive launchpad using SPL token2022 primitives with permissionless DEX migration funded by token treasuries. The protocol achieved 48/48 Kani proof harnesses for formal verification and nearly 4K downloads on the Clawhub agent skill. The project attempted to raise $75K through Futardio on 2026-03-05 for a 6-month runway covering infrastructure, founder compensation, marketing team, and 50 SOL for mainnet token bonding. The raise entered refunding status within one day, closing 2026-03-06. ## Timeline - **2026-03-05** — Launched $75K fundraise on Futardio for 6-month runway (infra, marketing, team) - **2026-03-06** — Fundraise closed in refunding status after one day ## Relationship to KB - [[futardio]] — launch platform - [[MetaDAO]] — futarchy governance infrastructure ## Links - Website: https://torch.market - Twitter: https://x.com/torch_market - Whitepaper: https://torch.market/whitepaper - Formal Verification: https://torch.market/verification.md - Audit: https://torch.market/audit.md - GitHub: https://github.com/mrsirg97-rgb - NPM: https://www.npmjs.com/package/torchsdk - Clawhub: https://clawhub.ai/mrsirg97-rgb/torchmarket