Industries/ Finance & Banking/ Asset Management

Asset Management on PYRAX

Asset managers run funds, ETFs, and separately-managed accounts where NAV calculation, subscription/redemption, and portfolio rebalancing are batch, opaque, and reconciliation-heavy. PYRAX makes fund shares programmable tokens with instant settlement, shielded holdings that protect proprietary allocations, and viewing keys that give auditors and administrators full transparency.

Market size
$128T AUM (2024)
Projection
$171T by 2028 · ~7.5% CAGR

The market

$128T
Global AUM
$13.5T
Passive/ETF assets
$2B+ (2024)
Tokenized fund AUM
0.6-1.0%
Avg. TER (active)

Source: PwC Asset & Wealth Management, 2024. Figures are indicative and provided for context.

What's broken today

Subscriptions and redemptions settle on lagged NAV cycles, exposing investors to timing risk.
Proprietary portfolio composition leaks through disclosures and fund flows.
Fund administration and reconciliation across TA, custodian, and manager is costly.
Fee accrual and performance reporting are opaque and hard to independently verify.

How PYRAX transforms it

Concrete network elements mapped to this business.

Multi-VM smart contracts (EVM / WASM / Cairo)

Fund shares, NAV strikes, subscription/redemption gates, and management/performance-fee accrual are encoded as auditable, upgradeable on-chain logic.

Shielded-by-default ZK transfers

Investor holdings and the fund’s live position sheet stay private, protecting alpha, while administrators and auditors read the full book through viewing keys.

BLS proof-of-stake finality

Primary-market subscriptions and redemptions settle irreversibly in one block, eliminating the settlement lag between order and cash movement.

eth_getProof verifiable state

Any LP or auditor can cryptographically verify the fund’s token supply, holdings, and fee accruals against chain state - no trust in the administrator’s spreadsheet.

PYRAX Compute verifiable AI/compute

Quant and risk models execute with verifiable outputs, so factor exposures and risk limits can be proven to investors and compliance without revealing the model.

Buildathon: dApp ideas

Ship-ready concepts for asset management on PYRAX.

TokenFund

01

Tokenized fund-share dApp with programmable NAV strikes and instant primary-market settlement.

EVMFinality

ShieldBook

02

Shielded portfolio ledger that hides live allocations from the market while exposing them to auditors via viewing keys.

ShieldedZK

FeeAccrue

03

Automated management- and performance-fee accrual with a verifiable high-water-mark calculation.

WASMEVM

RebalanceBot

04

On-chain rebalancing engine that executes target-weight trades atomically at each strike.

EVMEscrow

ProofNAV

05

Independently verifiable NAV oracle backed by eth_getProof state proofs of holdings.

ZKPYRAX Compute

RedeemGate

06

Redemption-queue contract enforcing gates, lock-ups, and pro-rata fills transparently.

EVMGov

RiskProof

07

PYRAX Compute risk engine publishing verifiable VaR and factor-exposure attestations to LPs.

ComputeShielded

StakeYield

08

Fund that allocates idle cash into on-chain staking with transparent, coded yield distribution.

StakeEVM