What is Agra

Agra is an exchange for tokenized credit and fixed income, with issuance, trading, and financing in one onchain venue.

Tokenized credit is already one of the largest real-world asset categories onchain, but most positions still behave like illiquid private instruments. Agra adds live secondary market structure so these assets can be priced continuously, exited before maturity, and used as collateral.

What Agra provides

Yield-native market structure

Agra combines a CLOB with RFQ and quotes in yield space rather than price space.

Liquidity for composability

Secondary liquidity makes tokenized credit usable for collateral, hedging, and structured strategies.

Tradable liquidity premium

Exit yield versus face yield becomes observable and priceable in the market.

Efficient execution

Orders are matched offchain for speed and cost, then settled onchain for finality.

Who Agra is for

Issuers

Teams bringing credit and fixed income assets onchain that need distribution, secondary liquidity, and composability.

Traders

Participants taking directional views on rates and spreads, hedging exposure, and managing entry and exit in tokenized credit.

Curators and market makers

Liquidity providers pricing the liquidity premium across instruments.

Capital allocators

Onchain-native and traditional allocators seeking credit yield with better liquidity and composability.