Meridian Protocol
Onchain institutional credit infrastructure on Avalanche
Structured credit vaults, credit default swap AMMs, and cross-chain margin — composed into a unified protocol with atomic operations, auto-compounding yield, and permissionless liquidation.
Protocol Architecture
Core Protocol Layers
Forge
Structured Credit
Institutional-grade credit vaults with senior/mezzanine/equity tranches. Waterfall yield distribution prioritizes senior holders. Invest, earn, and withdraw with full tranche isolation.
- Senior/Mezz/Equity tranches
- Waterfall yield distribution
- Pull-based yield claiming
Shield
Credit Default Swaps
Hedge credit risk with bilateral OTC swaps or trade on bonding-curve AMM pools. Automated premium streaming, oracle-triggered settlements, and multi-pool routing.
- Bonding curve AMM pricing
- Oracle-triggered settlement
- Multi-pool routing (PoolRouter)
Nexus
Cross-Chain Margin
Unified margin engine across Avalanche L1s via ICM/Teleporter. Multi-asset collateral with risk-weighted pricing, cross-chain balance attestations, and permissionless liquidation.
- Multi-asset collateral
- Cross-chain attestations
- Permissionless liquidation
Composability & Automation
HedgeRouter
Atomic invest-and-hedge in a single transaction
FlashRebalancer
Flash-loan-powered cross-tranche position rebalancing
PoolRouter
Greedy cheapest-first fill across multiple CDS pools
LiquidationBot
Full waterfall keeper: oracle > trigger > settle > liquidate
YieldVault
ERC4626 auto-compounding wrappers for tranche tokens
StrategyRouter
Multi-vault yield optimization with BPS allocations
Built With
Deployed on Avalanche Fuji Testnet — connect your wallet to interact with live contracts