CONFIDENTIAL & PROPRIETARY © 2025 Inkwell Finance, Inc. All Rights Reserved. This document is for informational purposes only and does not constitute legal, tax, or investment advice, nor an offer to sell or a solicitation to buy any security or other financial instrument. Any examples, structures, or flows described here are design intent only and may change.
What Is Leviathan Prime Brokerage?
Leviathan Prime Brokerage gives sophisticated users — professional traders, crypto-native hedge funds, proprietary trading desks, and DAOs — policy-gated margin accounts powered by Ika dWallets. Users deploy leveraged capital across multiple whitelisted protocols simultaneously, managed through a unified portfolio view with real-time risk monitoring. This is the direct-access channel: users come to Leviathan directly, rather than through a partner protocol’s UI. They get a multi-chain smart wallet with cross-protocol execution, automated strategy support via session keys, and portfolio-level health management — all enforced non-custodially through on-chain policy.Current StatusPrime Brokerage is in active development. The core infrastructure — dWallets, policy gates, session keys, keepers, credit scoring, and transaction verification — is built and shared with the Credit Line and Embedded Lending products. Prime Brokerage extends this foundation with multi-protocol scope and unified portfolio risk management.
How It Differs from Other Leviathan Products
| Prime Brokerage | Credit Line | Embedded Lending | |
|---|---|---|---|
| Scope | Multi-protocol margin account | Multi-protocol, borrower-directed | Single protocol |
| Distribution | Direct — users come to Leviathan | Direct — users come to Leviathan | Via partner protocol’s UI |
| Capital deployment | Across many whitelisted protocols | Within borrower’s approved policy | Caged to one integrating protocol |
| Target user | Pro traders, funds, prop desks | Protocols seeking credit facilities | Protocol end-users |
| Risk management | Portfolio-level, cross-protocol | Per-loan health tracking | Per-loan within protocol sandbox |
| User experience | Leviathan portfolio dashboard | Leviathan app | Native to host protocol |
Target Users
Professional Traders
Active traders who deploy capital across multiple DEXs, perpetual exchanges, and yield protocols. Need margin, fast execution, and automated strategies.
Crypto-Native Hedge Funds
Funds running systematic or discretionary strategies across DeFi. Need institutional-grade risk controls, portfolio monitoring, and non-custodial architecture.
Proprietary Trading Desks
Prop desks deploying firm capital across on-chain venues. Need policy enforcement that ensures capital stays within approved strategies and risk limits.
DAO Treasury Management
DAOs actively managing treasury capital across yield sources and trading strategies. Need transparent, auditable execution with on-chain policy governance.
Core Capabilities
Cross-Protocol Margin
Deploy borrowed capital across multiple whitelisted protocols from a single margin account. Trade on one DEX, provide liquidity on another, and deploy to yield vaults on a third — all from the same dWallet, under unified risk management.Unified Risk Management
Portfolio-level health monitoring across all deployed positions. Rather than tracking risk per-loan or per-protocol, Prime Brokerage evaluates the aggregate health of the entire portfolio — accounting for cross-protocol correlations, concentration risk, and combined exposure.Policy-Gated Execution
Every action passes through the same policy enforcement stack used across all Leviathan products:- Destination whitelists — only approved protocols and contracts
- Function-level controls — approved entry points on each contract
- Daily limits — caps on transaction volume
- Transaction verification — every action validated by
leviathan-verifierbefore co-signing
Session Keys for Automated Strategies
Session keys enable automated trading bots and strategy execution within policy bounds:- Scoped to specific operations (e.g., trade on approved DEXs, rebalance across yield vaults)
- Time-bounded with automatic expiration
- Nonce-tracked for replay protection
- Revocable if policy violations are detected
Portfolio-Level Health Monitoring
Keepers continuously monitor the aggregate health of Prime Brokerage accounts:- Real-time position tracking across all deployed protocols
- Portfolio-level health factor computation
- Automated warnings when health deteriorates
- Enforcement actions if health breaches configured thresholds
Shared Infrastructure
Prime Brokerage is not a separate system — it builds on the same core infrastructure documented across the Leviathan product suite:| Component | Shared With | Role in Prime Brokerage |
|---|---|---|
| dWallets | Credit Line, Embedded | Multi-chain smart wallet for capital deployment |
| Policy gates | Credit Line, Embedded | Destination and function-level enforcement |
| Session keys | Credit Line, Embedded | Automated strategy execution |
| Keepers | Credit Line, Embedded | Position monitoring and health checks |
| Credit scoring | Credit Line, Embedded | Eligibility and terms determination |
| Transaction verifier | Credit Line, Embedded | Cross-chain action validation |
| Revenue oracles | Credit Line, Embedded | Repayment tracking from EVM chains |
Next Steps
How It Works
Detailed walkthrough of account setup, capital deployment, and risk management