Investor data room

The onchain issuance and management layer for structured products.

Steer turns spot, lending, options, and liquidity markets into structured products that can be issued and managed onchain autonomously. Three years of live operation across 45 chains and 57 DEX or AMM integrations provide the execution base. The company is raising $3M to launch 5–8 production structured products.
01

Why now

DeFi has yield. It still lacks investable outcomes.

Most onchain products still expose users to raw volatility, unmanaged downside, fragmented execution, and manual monitoring. Yield alone is not a product.

Existing platforms can package DeFi exposure into products. Steer encodes product rules directly onchain, checking both proposed actions and resulting state before the transaction settles.

What exists

Spot, lending, options, and liquidity positions provide the building blocks. They do not define a payoff, manage downside, or enforce lifecycle rules on their own.

What investors need

Products with terms investors can underwrite: principal protection, income, downside buffers, and volatility strategies, with execution built into the product.
02

Product

Steer packages DeFi primitives into structured products.

The platform combines product design, risk rules, and automated execution. Issuers select a strategy, configure terms and risk bounds, and launch a product that remains governed through its lifecycle.

Steer has already proven the underlying execution system through three years of live operation, 4,000+ cumulative vault deployments, and active coverage across 45 chains and 57 DEX or AMM integrations. Those vaults, integrations, and operating workflows provide a reusable foundation for structured-product launches.

Current programs

USDM1 and Reserve DTFs are deployed and funded. Liquity Stability Vaults and the solver liquidity layer are deployed, with solver funding pending.

One product lifecycle

Product definition, policy enforcement, automated lifecycle work, and distribution operate as one system instead of disconnected tools.
04

Business model

Structured products expand the fee stack.

A Foundation or Labs team is typically the first buyer, purchasing market infrastructure around a chain’s DEX and ecosystem programs. That relationship creates qualified access to issuers and AMMs, which contract separately for their own deployments and operating needs.

The current business earns integration, deployment, recurring operation, incentive, and contract-dependent performance revenue. Structured products add origination, policy, management, execution, distribution, and licensing economics to the same operating base.

Revenue today

Annual ecosystem agreements, venue support, deployments, operating retainers, incentive administration, and contract-dependent performance participation.

Round objective

Raise $3M through a SAFE with a token warrant to advance four deployed programs and launch 5–8 production financial products.
05

Room guide

Start with the overview. Use diligence for the underlying detail.

The main room explains the company, product, traction, business model, team, and financing. The diligence library organizes technical, commercial, financial, security, and corporate supporting material.

Company

Why now, what Steer sells, and what the current round is intended to fund.

Open company overview →

Traction

Operating history, deployed footprint, current programs, and named operating cases.

Open traction →

Diligence

Product, commercial, financial, security, corporate, team, and financing materials.

Open diligence library →