Their Foundry builds blockchain strategic tooling to interpret and prepare for macro-to-onchain liquidity stress. We begin from a simple premise: systems encode values, assumptions, and worldview — and those assumptions become visible under stress.
New Paper Release:
A $19B flash-crash stress test of crypto’s market plumbing—mapping crisis-response regimes, comparing auto-liquidation-only vs backstop designs, and introducing RBCC (rule-bound conditional coordination) as shared language for market-structure resilience.
The Keynesian Reflex vs. the Invisible Hand: Market Structure Lessons from the $19B Flash Crash
