teleo-codex/entities/internet-finance/torch-market.md
Teleo Agents be91fd311e 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 08:06:30 +00:00

1.7 KiB

type entity_type name domain status website twitter tracked_by created key_metrics
entity company Torch Market internet-finance failed https://torch.market https://x.com/torch_market 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 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