Sentora is the institutional DeFi layer, formed in May 2025 through the merger of IntoTheBlock, a pioneer in on-chain DeFi strategies, analytics and risk management, and Trident Digital, a leader in structured liquidity programs. Sentora provides an institutional DeFi layer, facilitating secure and scalable access to on-chain opportunities for regulated capital allocators. We achieve this by integrating strategy design, risk analytics, and automation. This combination ensures that capital is deployed to appropriate venues with strict limits and clear oversight. Our core principle: return of capital before return on capital.
Sentora builds repeatable, conservative programs for long-term allocators. Integrations are non custodial by default and fit into existing custody rails and wallet infrastructure. Because our clients operate in regulated environments, compliance and monitoring are first order concerns.
How We Work
Every engagement follows an auditable procces that is designed to be predictable and reversible.
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Proposal and scope with clear constraints and success criteria
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Independent risk review covering liquidity depth, oracle coverage, LLTVs and caps, and liquidation paths
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Execution with segregated keys and policy controls, followed by automated state verification
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Continuous risk monitoring and alerts
Parameter changes are introduced in small steps with timelines for review. If a risk materializes, we publish clear incident notes and post mortems.
Track Record and Research
The team has managed over $3 billion in institutional deployments across leading protocols and blue-chip crypto assets, with durable TVL from institutional allocators. We publish research on market structure, stablecoin dynamics, and risk in lending, and we use these findings to inform parameter choices and community discussions. At the moment, our track record in curation is the next one:
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Sentora RLUSD on Euler: ~$370M
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Sentora PYUSD on Euler: ~$270M
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Sentora PYUSD Earn on Kamino: ~$150M
Research and Risk Infrastructure
We publish regular research on market structure, stablecoin dynamics, protocol risks, and lending market health through our Sentora Research platform. These findings inform parameter choices and governance discussions.
Our Risk Radar platform delivers real-time economic risk monitoring across 40+ DeFi protocols, including Morpho. Risk signals are computed on a block-by-block basis and currently protect billions of dollars in institutional capital. We recently launched Risk Pulse, a real-time anomaly detection system tracking liquidations, whale movements, high-risk loans, volume spikes, depegs, and other critical indicators.
In collaboration with CoinDesk Indices, we developed the CoinDesk Overnight Rates (CDOR): the first benchmark interest rates drawing on Aave’s lending pools, establishing institutional-grade reference rates for stablecoin markets.
How We Engage with Governance
We contribute data-driven proposals backed by analysis that can be verified without specialized access:
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Pre-listing diligence: Liquidity analysis, oracle reviews, and stress scenarios before listings or parameter changes
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Transparent reporting: Public dashboards, alerts, and concise summaries of what changed and why
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Education: Ongoing content that explains risk drivers and market health to improve debate quality
Our governance philosophy aligns with Morpho’s permissionless vault model. As we’ve written in our research on risk ownership: while protocols like Morpho provide powerful infrastructure, responsibility for asset selection and risk parameters rests with curators and ultimately LPs. We take that responsibility seriously.
We are a team of more than 50 operating internationally with experience across Crypto, DeFi, and TradFi. Functions include research, risk, engineering, operations, security and compliance, and partnerships. Duties are segregated so operators who execute cannot unilaterally change policy, and a separate security authority can revoke permissions.
Our Vision for Morpho
We believe Morpho represents one of the most sophisticated vault frameworks in DeFi, with the flexibility and risk-isolation properties that institutional allocators require. As active curators on Euler and Kamino, we understand the balance between yield optimization and capital preservation.
We look forward to contributing to the Morpho ecosystem with the same rigor that has defined our work across the DeFi landscape: conservative design, transparent operations, and a relentless focus on protecting depositor capital.