The DeFi-Native Prime Broker | MacBrennan Peet

Project Zero builds a self-custodial prime-broker for Solana DeFi, enabling one-click cross-venue credit, automated yield strategies, and real-world payments without forced liquidations.

Key Takeaways

  • Open prime-broker: pZero creates a self-custodial intermediary account that unifies scattered on-chain balances and enables permissionless cross-venue visibility and liquidation mechanics.
  • Unified credit: Borrow across venues without redepositing collateral, unlocking carry, basis, and interest-rate trades while improving capital efficiency and borrowing power.
  • One-click strategies: Execute vault-like, cross-venue yield and arbitrage strategies with no management fees, visible risk-adjusted returns, and adjustable leverage.
  • Project Zero Pay: Connects existing cards/banks to on-chain positions, automates borrowing to pay real-world bills, preserves holdings and yield, with flexible repayment and off-ramp limits.
  • Risk framework: Single pooled credit with strict asset listing, real-time risk parameter updates (Brutus), partial liquidations, and isolation measures to limit contagion.
  • Roadmap and integrations: Prioritizes Camino, Drift, Jupiter and other Solana venues, plans perp/derivatives support and external integrations to cover ~98% of Solana TVL and beyond.

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The DeFi-Native Prime Broker | MacBrennan Peet

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