Blog

Clearing Is the Moat: Why Pascal Doesn’t Compete with DEXs — It Powers Them

The best protocols don’t fight for flow. They build what flow depends on.

Real DeFi Isn’t Built on Incentives — It’s Built on Infrastructure

Liquidity without rails is just noise. Pascal turns capital into structure.

The Clearing Layer Is the Protocol — Not the Feature

Why clearing isn’t a backend plugin, but the core logic that DeFi was missing.

The DeFi Futures Infrastructure That Actually Works

Most perp DEXs are packaging leverage — not managing risk. Here’s how Pascal changes that.

Pascal Protocol unlocks capital efficiency by replacing collateral bloat with clearing logic.

The Death of Overcollateralization

You Can’t Scale Risk with Spreadsheets

Clearing as Code: Why Risk Logic Belongs On-Chain

Everyone Copies the Casino, No One Builds the Back Office

What TradFi Got Right: Netting Risk, Not Just Executing Trades

Trust the Table, Not the Dealer

In TradFi, you don’t let the casino decide the odds.

By James Davies (CEO)

Crypto Market Structure: Don't Let DeFi Be Miscast as a CEX Clone

Don't Let DeFi Be Miscast as a CEX Clone