The Internet Corporate Bond

Marketplace for Protocol Debts

Raise fixed-cost debt to boost growth and income
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Earn fixed-yield from principal-protected lending to protocols
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Capital-efficient loans for protocol-managed liquidity

Grow protocol TVL by offering fixed-yield to depositors
Grow protocol TVLby offering fixed-yield to depositors
Get fixed-cost yield leverage to enhance protocol income
Get fixed-cost yield leverageto enhance protocol income
Reduce token dilution from inefficient liquidity mining
Reduce token dilutionfrom inefficient liquidity mining
Alleviate liquidity bottlenecks that constraint overall growth
Alleviate liquidity bottlenecksthat constraint overall growth

Fixed-yield from insured loans to protocols

Fixed-yield from protocol debt, instead of floating yield from pools
Fixed-yield from protocol debtinstead of floating yield from pools
Principal-protected by insurance against drawdown & liquidity risks
Principal-protected by insuranceagainst drawdown & liquidity risks
Fully secured on-chainloans via liquidity warehouse mechanism
Fully secured on-chainvia liquidity warehouse mechanism
Debt covenant monitoring triggers liquidation to protect lenders
Debt covenant monitoringtriggers liquidation to protect lenders
How It Works

Secured on-chain yet capital-efficient

Copra Mechanism Diagram
Who we are

Meet the team

Brian, Copra Co-Founder and CEO
Brian LimiardiCo-Founder & CEO
Dimitri, Copra Co-Founder and CTO
Dimitri SastropranotoCo-Founder & CTO

Backed by

Arbitrum Foundation GrantsSaison CapitalEast VenturesInsignia Ventures PartnersPintuBlock OdysseyAvant Blockchain Capital
Security at the forefront

Audited by

CTA Background

Start earning fixed yield
from DeFi’s newest lending primitive