teleo-codex/entities/internet-finance/torch-market.md
Teleo Agents 8966095578 rio: extract from 2026-03-05-futardio-launch-torch-market.md
- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 09:09:18 +00:00

1.3 KiB

type entity_type name domain status founded platform tracked_by created key_metrics
entity company Torch Market internet-finance failed 2026 solana rio 2026-03-11
funding_target funding_outcome launch_platform launch_date close_date
$75,000 refunding futardio 2026-03-05 2026-03-06

Torch Market

Torch Market is a Solana-based DeFi protocol combining swap, lending, liquidation, and yield features in a single formally verified protocol designed for both human and agent users. The project attempted to raise $75,000 through Futardio's futarchy-governed launch platform but entered refunding status within one day.

Timeline

  • 2026-03-05 — Launched fundraise on futardio targeting $75,000 for 6-month runway including marketing team expansion
  • 2026-03-06 — Fundraise closed with refunding status

Product

  • Frontend live on devnet/mainnet at torch.market
  • 48/48 Kani proof harnesses for formal verification
  • TorchSDK available on npm with ~4K downloads on Clawhub agent skill
  • Completed security audit
  • Open source repositories

Relationship to KB

  • futardio — launch platform
  • MetaDAO — futarchy governance infrastructure
  • Example of futarchy-governed fundraise failure despite technical completion