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Providus

Providus is an institutional-grade risk engine that runs directly on-chain using Arbitrum Stylus. It computes Value at Risk (VaR) and Expected Shortfall (ES) — the same metrics banks use to evaluate portfolio risk without relying on a centralized server or a trusted oracle. The core breakthrough is a Log-Space Optimization that removes computationally expensive exponential functions from the Monte Carlo simulation loop. This makes 10,000-path simulations viable on-chain for the first time — something impossible on standard EVM due to gas constraints. Arbitrum Stylus (Rust → WASM) is the only execution environment where this works. The full product ships with: a live Protocol Stress Test Simulator (Aave V3, Maker, Compound presets), cryptographic on-chain proof generation, PDF report export, a developer API with tiered billing, API key management, webhooks, and a TypeScript SDK.

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Imagen del proyecto 1
Imagen del proyecto 2

Pila tecnológica

Rust
React
Web3
Ethers
Node

Descripción

Providus is an institutional-grade risk engine that runs directly on-chain using Arbitrum Stylus. It computes Value at Risk (VaR) and Expected Shortfall (ES) — the same metrics banks use to evaluate portfolio risk without relying on a centralized server or a trusted oracle.

The core breakthrough is a Log-Space Optimization that removes computationally expensive exponential functions from the Monte Carlo simulation loop. This makes 10,000-path simulations viable on-chain for the first time — something impossible on standard EVM due to gas constraints. Arbitrum Stylus (Rust → WASM) is the only execution environment where this works.

DeFi protocols today over-collateralize to compensate for having no real-time risk math — you deposit $150 to borrow $100. Providus gives them a verifiable, on-chain risk number they can use to dynamically manage collateral instead. Even a 5% reduction in idle over-collateralization across DeFi's ~$100B TVL frees $5B in capital.

The full product ships with: a live Protocol Stress Test Simulator (Aave V3, Maker, Compound presets), cryptographic on-chain proof generation, PDF report export, a developer API with tiered billing, API key management, webhooks, and a TypeScript SDK.

Progreso del hackathon

1. Built and deployed the Providus Risk Engine smart contract on Arbitrum Stylus using Rust, implementing a full GBM Monte Carlo simulation with log-space optimization 2. Developed the Providus Terminal: a full-stack SaaS interface for DeFi protocol stress testing with live insolvency heatmaps and on-chain proof submission 3. Integrated Wagmi + RainbowKit for wallet connection and on-chain transaction submission from the simulator 4. Shipped a TypeScript SDK (providus-sdk) so any DeFi protocol can call the risk engine via a simple API 5. Built a complete developer portal with API key management, webhook endpoints, usage analytics, and Stripe billing 6. Implemented PDF report export gated behind on-chain proof — creating a compliance-ready audit trail 7. Deployed Supabase backend with Row-Level Security, audit logging, and GDPR export

Estado de recaudación de fondos

Not fundraising at the moment, but soon.
Líder del equipo
AAniekanabasi Umoh
Enlace del proyecto
Desplegar ecosistema
ArbitrumArbitrum
Sector
DeFiInfra