PELAGOS
Testnet

Risk Slices

Live event-basket tranches grouped by loss priority. Prices and annualized return estimates are model analytics; execution mints a maturity-locked vault receipt.

High probability

Senior attachment points track the high-NAV region; mezzanine and junior absorb progressively larger losses.

3 baskets
Low probability

Low-NAV baskets concentrate loss exposure across broader mezzanine and junior attachment ranges.

3 baskets