Signal

What's broken.What comes next.

Exploit postmortems, KIPs, and protocol research — from the team building Kimia.

Research. Apr 2026

Solana perps are broken. Here's what comes next.

April 1, 2026. 16:05 UTC. Two transactions, one second apart — admin control of Drift Protocol transferred to an attacker. By 18:31, $285M was gone: USDC, JLP, SOL. The biggest Solana DeFi exploit since Wormhole. And it wasn't a code bug.

Read

KIP-01. Apr 2026

Programmable stablecoins and the case for T+1 settlement.

Anatoly Yakovenko posted something quietly important — fourteen words in, "programmable limits and freeze authority," and he's already past the thing most DeFi builders refuse to say out loud: the future of on-chain stablecoins isn't about removing controls. It's about making them programmable.

Read
Kimia

Own the rate.Trade the yield.

Waitlist

Be first onthe rate curve.

Early access to the terminal, fixed-rate markets, and protocol updates.

Kimia