Fiet enables committed liquidity markets. Any on-chain asset, settled on-demand — for less.

Fiet applies book-entry principles to DeFi liquidity: Market makers commit verified liquidity reserves from banks and centralised exchanges to on-chain markets without moving or locking all of it upfront. Real value settles only when execution demand requires it. Traders access these markets at lower rates through improved capital efficiency.

Fiet is building initially on Uniswap, leveraging its widely adopted and authoritative standard to distribute markets.

DeFi is built on locked-up liquidity. This forces treasuries and institutions to incur significant opportunity costs, as capital sits idle rather than generating yield in other strategies. Traditional FX brokers continue to dominate because on-chain markets remain blind to real-world liquidity and require upfront capital lock-ups that are incompatible with the vast majority of digital assets and non-USD stablecoins.

Proprietary AMMs operated by professional market makers (“PropAMMs”) have captured over $115 billion in volume this year alone. However, they suffer from restricted depth, liquidity fragmentation, quote and order mismatches, and lack of atomic execution, which prevents smart contract integration.

Fiet solves these limitations by maintaining transparent, upfront price discovery that is fully on-chain and globally accessible. It facilitates markets on Commitment Tokens that represent verified liquidity reserves committed by market makers. Fiet is compatible with any blockchain, starting with EVMs.