--- type: entity entity_type: company name: "Torch Market" domain: internet-finance status: failed tracked_by: rio created: 2026-03-11 key_metrics: funding_target: "$75,000" funding_outcome: "refunding" platform: "futardio" launch_date: "2026-03-05" close_date: "2026-03-06" --- # Torch Market Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield features in a single on-chain protocol designed for both human and AI agent users. The protocol is formally verified (48/48 Kani proof harnesses) and deployed on Solana devnet/mainnet. The project includes an SDK (torchsdk on npm with ~4K downloads via Clawhub agent skill), open-source repositories, and completed security audit. ## Timeline - **2026-03-05** — Launched futarchy-governed fundraise on Futardio targeting $75K for 6-month runway (infrastructure, marketing team, founder compensation) - **2026-03-06** — Fundraise closed with refunding status after one day ## Relationship to KB - [[futardio]] — launch platform - Example of formally verified DeFi protocol attempting futarchy-governed fundraise - Demonstrates agent-first protocol design (Clawhub skill, SDK-first architecture) ## Links - Website: https://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