Concrete

Concrete describes itself as institutional-grade on-chain finance infrastructure for generating yield on any asset across any chain. Its main product is Earn, a set of automated vault strategies, and it also offers AssetCX and an Enterprise offering aimed at institutions.

In Earn, a quantitative system allocates deposits, rebalances positions and compounds returns across on-chain opportunities. Depositors receive a Concrete vault share in return, and the interface displays APY and points for each vault. The site reports roughly $902 million in assets on the platform and about $11.25 billion in assets processed (self-reported).

• Earn: automated vaults with quantitative allocation, rebalancing and compounding
• AssetCX: lets assets remain in a centralized custodian while earning yield through Concrete infrastructure
• Enterprise: an institutional product line
• Assets shown: WBTC, USDe, USDT, weETH and EIGEN for deposits; BTC, ETH, SOL and stablecoins such as USDT, USDC and USD1 for AssetCX
• Protocols used: Pendle, Morpho and Euler
• Documentation: litepaper, whitepaper and GitBook docs, plus a published CT token white paper

AssetCX lists custodian integrations including BitGo, Fireblocks, Anchorage, Coinbase, Copper, Hex Trust and Zodia.

According to its website, Concrete's smart contracts have been reviewed by audit partners Cantina, Code4rena, Halborn, Zellic, Hypernative and zeroShadow. Backers shown on the site include Polychain, VanEck, YZi Labs, Portal Ventures, Hashed, Tribe Capital, Hypersphere, Auros, Leadblock Partners, Presto, Halo Capital and Lightshift.