What is Agra

Agra is the exchange for tokenized credit and fixed income, built for the issuance, trading, and financing of credit.

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

Market structure for credit

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

Liquidity for composability

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

Tradable liquidity premium

Exit price vs NAV becomes observable and priceable in the market.

Efficient execution

Orders are matched offchain for speed and cost, then settled onchain P2P.

Who Agra is for

Issuers

Teams tokenizing financial instruments that need distribution, secondary liquidity, and composability in the broader defi ecosystem.

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. Curators managing vaults exposed to tokenized financial instrruments.

Capital allocators

Onchain and traditional allocators seeking credit yield with better liquidity and composability in the onchain economy.