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teleo-codex/entities/internet-finance/torch-market.md
Teleo Agents dab0a37525 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 07:06:20 +00:00

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Raw Blame History

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

Torch Market

Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield functionality 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 open-source SDK (torchsdk on npm with ~4K downloads via Clawhub agent skill), frontend at torch.market, and has completed a security audit.

The protocol attempted to raise $75,000 through Futardio on 2026-03-05 but entered refunding status within one day, closing on 2026-03-06. The fundraise proposed a 6-month runway covering infrastructure ($500-1500/month for Helius RPC, $40/month for frontend deployment), founder compensation ($3000/month), marketing ($2000/month), marketing team ($6000/month for 2 people), and $5000 flat for bonding a new token on mainnet.

Timeline

  • 2026-03-05 — Launched $75K fundraise on Futardio for DeFi protocol combining swap/lend/liquidate/earn with formal verification
  • 2026-03-06 — Fundraise closed in refunding status after one day

Relationship to KB

  • futardio — fundraising platform
  • Part of the Solana DeFi ecosystem attempting futarchy-governed capital formation