R
REVMARKET

How It Works

The Capital Markets Layer for Web3

RevMarket transforms future protocol revenue into standardized, investable Revenue Notes — giving protocols a non-dilutive way to raise capital and investors direct exposure to onchain cash flows. Revenue is verifiable before it becomes financeable.

Protocol Architecture

Six core components

Revenue Registry

Canonical record of protocols, eligible revenue sources, and outstanding commitments.

Revenue Accounting Engine

Continuously tracks and verifies eligible on-chain revenue.

Issuer Framework

Issuer Commitments, Integrity Reserve, Revenue Reliability Score, and Capacity.

Issuance Engine

Mints standardized RevNotes backed by future protocol revenue.

Settlement Engine

Distributes revenue to note holders automatically at and through maturity.

Market Data Layer

Public dashboards for revenue, RRS, coverage, and settlement history.

Issuer Lifecycle

  1. 1Protocol Registration
  2. 2Revenue Note Creation
  3. 3Revenue Note Review
  4. 4Primary Auction
  5. 5Secondary Trading
  6. 6Settlement

Revenue Notes are not bonds

Revenue Notes provide exposure to actual protocol performance, not a fixed return. If revenue exceeds expectations, holders benefit; if it falls short, distributions are correspondingly lower. A decline in revenue is not a default — Revenue Risk belongs to investors, while Integrity Risk belongs to issuers and is enforced by the Integrity Reserve.

Issue a RevNote