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Meridian

Meridian is neutral, non-custodial infrastructure for creating ETFs and tokenized-equity baskets that work 24/7, with an honest price even when the market is closed.

Videos

Tech Stack

Solidity
Ethers
Web3
React
Node
TypeScript

Description

Meridian is a neutral, non-custodial infrastructure layer for creating and running tokenized-equity baskets (on-chain ETFs) that stay usable around the clock.

Check our entry point page [click]

The problem it addresses is the weekend gap: tokenized stocks trade on-chain 24/7, but the equity market that prices them is closed about 80% of the week, so a fund's value goes stale and existing oracles freeze at the Friday close. A fund built on a stale price can be drained on a ghost value; a fund with no off-hours value just defers the problem.

A price-safety engine that publishes a 24/7 NAV together with a confidence band and a safe flag, so a fund always knows when a price can be trusted. It fuses many independent sources with a depth-weighted median (depth being the dollars it takes to move a price), a per-source weight cap, and a divergence filter to resist manipulation, and it is read-only: it never settles value, it only signals when value is safe to act on.

A non-custodial create and redeem system: anyone deploys a tokenized fund in one click, and holders enter or exit with a single token, either in-kind at any hour with no price needed, or in cash that settles forward at the next real market open (an estimate is never used as a settlement price), or as instant USDG-cash at the 24/7 value inside a safety buffer.

Progress During Hackathon

Conceived and built during the buildathon. We started with market research and a scientific paper that derives and validates the 24/7 price model on real on-chain data, confirming direction against the Monday open at 0.91 correlation and calibrating the confidence band to 67% at one sigma and 95% at two. On top of a price-safety core (a keyless multi-oracle committee with a depth-weighted median, a confidence band, and a safe flag) we built four fund types from one engine: Static, Managed-fee, Rebalanced, and a USDG-priced Index fund. We also built the off-chain backend, a React frontend with a wallet-free demo and a production build, and a simulation of the manual market-maker role that runs the full lifecycle. All contracts are deployed and verifiable on Robinhood Chain testnet, alongside a live playground, a slide deck, a landing hub, and full docs.

Fundraising Status

No prior funding. The project was conceived and built recently during the buildathon, and we have not raised any investment.
Team Leader
IIldar Absalyamov
Project Link
Sector
RWAInfra