KETJU Research

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T3tris Finance

Not approved Too small to exit at size
Issued
2026-08-14
Last confirmed
2026-08-14
Next check due
2026-11-15
Chains
Arbitrum One · Mixed control, Robinhood Chain · Mixed control

T3tris is permissionless vault infrastructure that charges no fees and lets anyone create an allocation vault. It held $11.5 million across five pools on Arbitrum and Robinhood Chain at the 2026-08-14 survey. The registry rejects it because it is too small. One practice advising 100 households moves $1M to $8M into a venue based on the same research, and that amount could hinder exits at this size. We do not open an individual review until the protocol clears the size floor. Size alone decides the judgment, whatever the protocol’s quality. At sufficient size, permissionless vaults would face the delegated-allocation questions: who allocates, under what mandate, and with what accountability.

The research file

Mechanism applicability

T3tris lets a curator deploy a permissionless white-label vault, pool capital and run any strategy. Its official site lists CEX, RWA, OTC, cross-chain, options, staking and epoch models. This delegated infrastructure can support any strategy, so the wrapper alone does not show the exposure.

Current observation and perimeter

The DefiLlama API read on 2026-08-15 reported approximately $12.0M, about $11.3M on Arbitrum and $665,000 on Robinhood Chain, and classified T3tris as an onchain capital allocator. The two-chain scope remains below the shared v1 size floor.

Control and exit applicability

Curators choose the strategy and execution and can claim fees. Settlement does not occur at once, and T3tris can route idle capital to a money market. T3tris describes using incoming deposits to cover withdrawals before forcing an unwind. Exit depends on curator execution, settlement windows, downstream positions and enough cash or new deposits.

Why the class rule decides

The shared v1 review for protocols below the size floor decides the case. Reopen the individual review after TVL stays above the size floor for 30 days, then apply the delegated-allocation review to a named vault. Check curator identity and mandate, positions, limits, authority, NAV, money-market and chain dependencies, audits and incidents, fees, and stressed exit without new deposits.

Research status

This is a capacity-unproven record for T3tris Finance, not a quality rejection or approval. Reported TVL says how big the venue is, not what the client owns, who can change the rules, or how a position exits at a proposed size. The individual review opens when the protocol clears the size floor.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

Inherited controls

The research above describes the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The layer with the most administrative power sets the position’s effective control; that describes control, not quality or suitability.

ChainVerdictControlControl constraint
Arbitrum OneApproved with limits Mixed control a single sequencer orders >99% of transactions and admin keys can upgrade bridge contracts on a ~7-day timelock.
Robinhood ChainRejected Mixed control one sequencer and two permissioned validators sit beneath an emergency council and transaction filter that can defeat the normal force-inclusion backstop.
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