The execution engine for onchain asset managers.
Makina provides a powerful vault infrastructure and advanced tools to operate institutional-grade strategies onchain. Operators manage their Machine though Spellcaster, a CLI that composes and allows the execution of Instructions. Execution simulations, self-custody signing, cross-chain deployments, onchain NAV and role based security in one product for DeFi Operators. The future of asset management is here.
// 01 CORE CAPABILITIES
Three pillars of onchain execution.
MULTI-CHAIN STRATEGY
Each Strategy is composed of a Machine deployed on the Hub Chain, and one Caliber per supported chain (including the Hub and each Spoke Chain).
- The Machine manages strategy-wide logic such as handling deposits and withdrawals, calculating share prices, and coordinating cross-chain liquidity bridging.
- Calibers serve as the execution layer for each chain, enabling operators to perform local actions such as opening and closing positions, harvesting rewards, and swapping tokens.
DEEP COMPOSABILITY
Deploying to a new protocol no longer requires development of smart contract adapters.
Makina allows operators to integrate new protocols and strategies using simple transaction definitions. Our open source transpiler produces encoded, verified instructions from DSL Instructions.
Operators benefit from increased flexibility and ability to capture opportunities faster.
OPERATOR CLI
Experience a new, seamless way to execute complex DeFi transactions.
Custom Operator CLI for your onchain execution. Interactive TUI mode, fully scriptable non-interactive mode enabling agentic workflows, Tenderly simulation, wallet support includes Google KMS, Safe multisig, Ledger, Trezor and more.
// 02 INTEGRATIONS
30+ protocols. One Interface.
Each integration is a composable Blueprint — adding new protocols can be done effortlessly with a script, not changing core code. Check our integrations repo.
// 03 ARCHITECTURE
Hub-spoke execution across EVM chains.
// 04 SECURITY MODEL
Role-based Machine Governance
Strict separation of duties with timelocked operations, layered oversight, and veto capabilities.
OPERATOR
Operators are granted discretion specifically for executing rebalance actions via Instructions and swaps, as well as initiating cross-chain bridge transfers between Hub and Spoke chains.
The Operator must operate within the boundaries of a defined mandate. The Operator can only execute actions, that were previously pre-approved and included in a Merkle Root. The primary objective of the Operator is to generate compelling, risk-adjusted returns for Makina users.
RISK MANAGER
The Risk Manager is responsible for ensuring that the Operator can operate effectively within a secure framework. Maintaining an appropriate balance between flexibility and risk control is key to enabling the Operator to carry out the strategy's mandate.
Importantly, the Risk Manager reviews and approves Root Updates on Calibers, and can adjust risk parameter of the Machine.
SECURITY COUNCIL
Each strategy is overseen by a dedicated Security Council. Its primary role is to safeguard user funds by providing oversight and emergency intervention capabilities. The Security Council can trigger the Recovery Mode, and has veto rights over timelocked changes.
Start executing.
Deploy on Makina. Configure your Machine. Let Spellcaster handle the rest.
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