MARKOV

LABS.

MARKOV
LABS.

Quantitative curation for onchain markets

Quantitative risk assessment. Independent vault curation.

$35.4m

TVL MANAGEd

Markets integrated

[Explore vault strategies] →

[Read Methodology]

$35.4m

TVL MANAGEd

Markets integrated

[Explore vault strategies] →

[Read Methodology]

What we do

SERVICES

Vault Curation

Design and management of onchain vault strategies across defined risk profiles.

Quant Research

Modeling, stress testing, and regime analysis for DeFi credit and rates markets.

Protocol Partnerships

Protocol
Partnerships

Custom vault deployments and integrations with onchain venues.

For protocols, institutions, and sophisticated onchain allocators.

[Contact partnerships]

Frontier / Risk–Return

Frontier-driven innovation

We locate strategies at the boundary of what systematic, onchain execution makes possible.

Quantitative rigor & conviction

Every allocation decision is derived from a formal model, not intuition or market sentiment.

Risk respect & multilayered control

Explicit constraints, stress-tested scenarios, and onchain verifiability at every layer.

PRINCIPLES

Frontier / Risk–Return

Systematic portfolio construction under explicit risk constraints — optimising for robust risk-adjusted returns across liquidity, rate, and volatility regimes.

Active & upcoming strategies

Vault strategies

LIVE

FIRA Prime

Floating-rate credit allocation across DeFi lending markets. Risk-adjusted. Model- driven.

[Open on Fira] →

LIVE

FIRA Prime

Floating-rate credit allocation across DeFi lending markets. Risk-adjusted. Model- driven.

[Open on Fira] →

LIVE

FIRA Prime

Floating-rate credit allocation across DeFi lending markets. Risk-adjusted. Model- driven.

[Open on Fira] →

LIVE

Morpho PRIME

Systematic credit allocation deployed on Morpho's lending infrastructure.

[Open on Morpho] →

LIVE

Morpho PRIME

Systematic credit allocation deployed on Morpho's lending infrastructure.

[Open on Morpho] →

LIVE

Morpho PRIME

Systematic credit allocation deployed on Morpho's lending infrastructure.

[Open on Morpho] →

COMING SOON

Tiered Risk Vaults

Credit market vaults focused on offering riskier assets as collateral (segmented by token type, volatility profile, and risk tier).

[GET NOTIFIED] →

COMING SOON

Tiered Risk Vaults

Credit market vaults focused on offering riskier assets as collateral (segmented by token type, volatility profile, and risk tier).

[GET NOTIFIED] →

COMING SOON

Tiered Risk Vaults

Credit market vaults focused on offering riskier assets as collateral (segmented by token type, volatility profile, and risk tier).

[GET NOTIFIED] →

Exclusive curator for Fira

Markov Labs is Fira's designated quantitative curator, responsible for the design, risk parameterisation, and ongoing management of credit vaults deployed on the protocol.

[fira protocol]

Exclusive curator for Fira

Markov Labs is Fira's designated quantitative curator, responsible for the design, risk parameterisation, and ongoing management of credit vaults deployed on the protocol.

[fira protocol]

How we work

Allocation methodology

Inputs & constraints

Dozens of quantitative components — from 90-day rolling volatility to depeg probability — feed the allocation model as structured inputs.

20+ risk dimensions

Allocation engine

Capital is distributed across multiple DeFi credit venues according to the optimised weights, with continuous rebalancing against live market conditions.   

Built with proprietary models

Vault execution

Allocations are implemented onchain via the vault smart contract, ensuring permissionless, transparent, and auditable execution.   

Using a high frequency cadence

Market allocation

Systematic optimisation under explicit boundaries — portfolio construction that balances expected return against defined risk envelopes.   

Offers optimal diversification

Inputs & constraints

Dozens of quantitative components — from 90-day rolling volatility to depeg probability — feed the allocation model as structured inputs.

20+ risk dimensions

onchain rates

onchain rates

Full methodology documentation available.

[See our docs]

Full methodology documentation available.

[See our docs]

ABOUT

Vault strategies

MARKOV

LABS.

Markov Labs is an independent quantitative DeFi vault curator. We design and manage systematic, onchain investment strategies using statistical analysis, simulation, and formal portfolio construction frameworks. Our initial focus is credit-based portfolios — dynamically allocating deposited assets across DeFi lending markets for robust risk-adjusted returns. Markov Labs operates as exclusive curator for the Fira protocol. Morpho vault strategies are in active development.