Q3 Update: Markets Team

Message from Head of Markets at Secured Finance

Kenji Mitsusada
Secured Finance
Published in
3 min readOct 5


Dear Secured Finance Community Members,

As Q3 of 2023 comes to a close, it’s an honor to update you on our remarkable progress during this important quarter. Our Markets Team has been steadfastly dedicated to enhancing the security, efficiency, and user-friendliness of our platform. As we prepare for our mainnet launch anticipated by the end of Q4, we are pleased to share several key milestones that exemplify our commitment to revolutionizing decentralized finance.

In a significant step towards fostering transparency and education, we have published the official Secured Finance documentation on Gitbook. This comprehensive guide serves as an invaluable resource for understanding our platform’s intricate features.

Throughout Q3, we have concentrated on fortifying and optimizing our market design, making major strides in three pivotal areas:

  1. Mark-to-Market Methodology: Our newly enhanced valuation methods based on ‘reliable block price’ allow for real-time calculation for Loan-To-Value and PnL, contributing to the overall stability and integrity of our platform.
  2. Circuit Breaker: This upgraded safety measure pauses trading activities during unexpected price swings, thus protecting our users and the platform.
  3. Minimum Collateral Threshold: After identifying a potential vulnerability during testnet operations, we swiftly implemented a minimum collateral requirement. This critical safeguard bolsters the platform’s resilience and reliability. We published an article for more in-depth information here.

Each of these enhancements is instrumental in bolstering the security and effectiveness of our protocol, as elaborated in our Gitbook guide.

As we transition into the final quarter of the year, our focus will be on enriching the platform’s feature set, securing strategic partnerships, and, most critically, preparing for the mainnet launch by the end of Q4. Your ongoing support and active participation are vital to accomplishing these ambitious objectives.

In conclusion, we extend our deepest gratitude to every member of the Secured Finance community. Your active involvement and consistent feedback have been vital drivers of our continued growth and innovation.

Thank you for your enduring support and commitment to the Secured Finance ecosystem. We are excited for the upcoming milestones, and we look forward to celebrating our mainnet launch with each of you by year’s end.

Best regards,

Kenji Mitsusada
Head of Markets Division at Secured Finance

About Secured Finance

Secured Finance is revolutionizing the digital asset landscape by constructing interbank-grade capital markets. Our innovative protocol is designed to offer a secure, flexible, and scalable fixed-income solution for digital assets. Comprised of a team of expert investment bankers, we are committed to integrating traditional finance wisdom into the realm of cryptocurrency and digital assets.

Stay informed and connected with us for further information and updates.

Secured Finance Official Links
Website | Gitbook | Twitter | GitHub | Galxe | Link3 | Guild



Kenji Mitsusada
Secured Finance

Head of Markets @ Secured Finance. 18 years of interest rate derivatives trading experience. Former Co-Head of G10 FX Forwards and STIR Trader at Goldman Sachs