Partnerships
April 2, 2024

Eulith partners with Chainbound to enhance full-stack trade execution for professional fund managers

We’re thrilled to announce our partnership with Chainbound, a research and development organization building optimized infrastructure and networking tools for blockchains. This partnership will see us integrate Chainbound into POEM’s order execution system, thereby delivering even faster and more resilient execution for systematic on-chain strategies. 

Why Chainbound?

Chainbound’s solutions are two-fold:

1. Observability via Fiber Network: Eulith customers can now access Fiber, a global network of nodes that connect to the Ethereum p2p networking layer. To ensure optimal transaction propagation and observability, Fiber nodes are interconnected as a mesh network over high-speed, cross-region links, with Ethereum messages efficiently binary-encoded for low latency. Fiber abstracts away the need to operate complex node infrastructure, offering a reliable access point to real-time data across both the Consensus and Execution layers.

2. Submission via Echo: Echo provides a unified interface for high-speed transaction and bundle submission to block builders, a solution materially important for latency-sensitive traders.

Benefits for fund managers

1. Lower latency and higher reliability (eg. when deploying MEV strategies such as DEX arbitrage, Liquidity Sniping, Long-tail MEV)

2. Reduced transaction times (eg. in Stat-Arb, decreasing the time to confirm on-chain transactions inclusion allows for more accurate hedging on CEXs)

“Integrating Chainbound into POEM’s order execution system marks an important step for Eulith. This enhancement means faster and more reliable transactions, empowering professional fund managers to execute strategies with precision and speed. This will further solidify our position as a leader in the industry”, said Kristian, COO of Eulith.

“We’re delighted to join forces with Eulith to serve on-chain fund managers. This partnership underscores our shared commitment to make decentralized finance more efficient, reliable and accessible”, added Fra Mosterts, Co-Founder of Chainbound.

About Chainbound

Chainbound is a research and development organization that builds optimized infrastructure and networking tools for blockchains. Their current products are Fiber and Echo: Fiber offers a low-latency private network to propagate transactions/blocks, while Echo provides a unified interface for transaction dispatch to block builders. With these services, Chainbound aims to become the universal low-latency backbone for message propagation across Ethereum. Chainbound currently serves systematic funds, MEV searchers, node operators, block builders, bots, and any entity sensitive to communication latencies on Ethereum. 

On top of this foundation, Chainbound is developing additional coordination systems to enable pre-confirmations, further enhancing Ethereum's UX to expand its adoption.

About Eulith

Eulith provides asset managers and accredited investors with the best technology and financial services to access & manage capital on-chain. Managers and traders use Eulith’s product suite to raise capital and maximize risk adjusted returns across DeFi and CeFi, while allocators and investors get secure, transparent access to the most exclusive managers in digital assets via SMAs. The company has 50+ institutional clients – including industry leaders like Delphi Digital and Spartan Group – with more than $1B in combined assets.

Lucas Gaylord

Lucas Gaylord

Lucas is the Co-Founder & CEO of Eulith. He was previously the Co-founder & CTO of Nomisma (ca. 2017 - 2021), a digital assets derivatives exchange which was acquired by Amber Group in 2021.

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