
Pelagos Monthly Update: February 2026
Nabu is live in Beta. Here’s what happened this month.

The Alpha Campaign: Liq Markets Phase 1
The first Alpha Campaign with $1,200 in rewards over four weeks. Test Liq Markets - the first cross-chain orderbook built on Pelagos, showcasing real cross-chain trading without bridges, solvers, intents or gossip.

Pelagos raised $1.25M in Pre-Seed round
We're thrilled to announce that we've raised a $1.25M pre-seed round to build what we believe is the next generation of blockchain infrastructure: a universal execution layer designed to unify fragmented Web3 ecosystems and enable true cross-chain composability. Our mission begins with Pelagos, our universal execution platform that turns isolated blockchain networks into one seamless liquidity fabric. Think of it as write once, run on your appchain, and orchestrate native actions ac...
The first universal execution layer that turns every onchain pool into one seamless liquidity fabric.

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Pelagos Monthly Update: February 2026
Nabu is live in Beta. Here’s what happened this month.

The Alpha Campaign: Liq Markets Phase 1
The first Alpha Campaign with $1,200 in rewards over four weeks. Test Liq Markets - the first cross-chain orderbook built on Pelagos, showcasing real cross-chain trading without bridges, solvers, intents or gossip.

Pelagos raised $1.25M in Pre-Seed round
We're thrilled to announce that we've raised a $1.25M pre-seed round to build what we believe is the next generation of blockchain infrastructure: a universal execution layer designed to unify fragmented Web3 ecosystems and enable true cross-chain composability. Our mission begins with Pelagos, our universal execution platform that turns isolated blockchain networks into one seamless liquidity fabric. Think of it as write once, run on your appchain, and orchestrate native actions ac...


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Executive Summary
In January, we repositioned Pelagos to set the foundation for what's coming in 2026: protocol mainnet, our flagship product launch, and major ecosystem integrations like Midnight Network.

In January, we launched a new website that explains what Pelagos enables, how atomic execution works, and what can be built on top of it.
What the new site does:
Explains atomic execution clearly:
How multichain actions are treated as single executions with one outcome
Why this matters: no partial outcomes, no stranded funds, one auditable result
Technical mechanism: every step evaluated upfront, commits everywhere or aborts everywhere
Shows product advantages for users and developers:
For users: one unified balance, no bridges, no network switching, predictable settlement
For developers: build multichain apps that behave like single-chain transactions, unified liquidity, atomic guarantees
Showcases tech and performance:
Live testnet across Bitcoin, Sepolia, Solana, Polygon, BSC
~250ms block time, 100k+ TPS capability
Parallel DAG-based consensus
Demonstrates what builders can create:
Cross-chain DeFi (trades, liquidations, rebalances as atomic actions)
Unified liquidity pools across chains
High-performance appchains with shared security
Real-time cross-chain state reactions
Features applications already built on Pelagos:
LIQ Markets (cross-chain orderbook exchange)
LayerCover (cross-chain insurance)
Predicted (resolution marketplace)
Why it matters: This rebrand positions Pelagos as a leading execution layer in the web3 ecosystem. By showcasing real applications, technical capabilities, and a clear value proposition, we strengthen trust and credibility with investors, partners, developers and users. The messaging now reflects the execution-grade products we're building, setting up the stage for what we have in the pipeline for this year: protocol mainnet, flagship product launch, and major ecosystem integrations.

As outlined in our December update, we are building a flagship product in-house to anchor Pelagos' go-to-market. January was focused on validation and execution.
This product is an AI-native platform for creating, verifying, simulating, and deploying automated trading strategies across DEXs and CEXs with enforceable policy controls. Users generate strategies via LLM, verify them deterministically against a constrained DSL, simulate outcomes, then deploy with hard constraints: loss caps, slippage limits, venue whitelists, kill switches.
Pelagos serves as the decentralized execution layer beneath the platform. Validators produce a canonical stream of attested events, execution records, state diffs, and finality signals. This removes reliance on opaque backends and enables auditable, network-driven execution.
The platform will launch first for low-latency DEX and DEX↔️CEX automation, then expand into perps, non-EVM ecosystems, prediction markets, and privacy-focused environments.
Product Validation
Over 20 calls with traders, quants, and liquidity providers to shape the MVP
First litepaper draft prepared and being shared shortly with early users, community members, and investors
Draft incentive and testing program prepared, with a targeted list of traders and arbitrageurs for early access
Continued iteration with power users planned through and beyond V1
Technical Progress
MVP delivery in progress on Ethereum mainnet, major DEXs, and a first CEX integration (MEXC)
Core flow implemented:
Strategies are created via LLM input
Output is constrained by a verifiable DSL covering trading, arbitrage, and asset-management primitives
Invalid strategies return compiler-style errors with fix suggestions, protecting users from incorrect logic or LLM hallucinations
Confidential execution:
Strategy logic is encrypted and executed only inside Trusted Execution Environments (TEEs)
One validator per TEE
Validators participate in threshold cryptography but cannot read strategy logic in plaintext
MVP shipped with TDH2 threshold decryption in TEE and an initial validator–TEE interface
Latency target:
~250ms p50 from market-relevant event to outbound transaction broadcast or CEX order request (venue confirmation handled separately)
This enables an execution-grade loop-generate, verify, simulate, deploy with sub-second reaction times and confidential strategies that polling-based stacks cannot reliably support
The test is simple: Product-market fit will be measured by real usage and performance: if traders deploy capital, generate consistent returns, and continue using the platform, we've validated the model. If adoption or performance falls short, we'll have clear feedback loops to iterate quickly.

We formalized a major ecosystem partnership with Midnight Network (Cardano ecosystem). Initial scope: atomic swaps between Cardano Native Assets (ADA, CIP-26 tokens) and Midnight's native token, producing unified cross-chain execution records.
Longer-term: evaluating how Pelagos' execution model works with Midnight's privacy architecture, enabling private state transitions on Midnight to interact with external networks in a controlled, verifiable way.
Why this matters: This is our first major non-EVM integration and tests whether our execution model works across fundamentally different architectures. If successful, it validates that Pelagos can coordinate execution across any chain type, not just EVM-compatible networks.
Major Technical Milestone
We removed the last centralized component in our testnet execution flow. Outbound transactions are now signed in a decentralized way via threshold cryptography by TSS appchain, with no single party ever holding the private key.
Why this matters: This unlocks true "appchain → external chain" execution for Pelagos builders. Appchains can now trigger external actions while keeping signing decentralized and auditable at the network level. This is foundational for products like our flagship product and integrations like Midnight that require secure, decentralized outbound execution.

Team Updates
Two hires in January:
0xMachina, CMO - positioning, messaging, community, distribution, campaigns (led the rebrand execution)
Camilo, Lead Designer - product and brand design end-to-end (led the website and visual identity)
Marketing
Key Wins
Rebranded Pelagos and launched new website with clearer positioning around atomic execution
Finalized updated messaging framework across all channels
Established content strategy for X and blog (technical deep-dives, partner use cases, product education)
Project visibility increased 35% month-over-month while community size remained stable indicating stronger reach and engagement quality
Completed GTM preparation for flagship product launch
Flagship product
Early February: front-end MVP and closed private alpha with full DEX↔️CEX strategy lifecycle
Strategy simulation with PnL, drawdown, trade lists, and core risk metrics
Phased security plan: threat modeling, targeted MVP review, and mainnet audit path
By end of month: ~20 users running real strategies, expanded execution surface, and shareable performance envelopes without exposing strategy logic
Midnight & Cardano Integration
Core infrastructure:
Integrate Midnight and Cardano as first-class data sources in Pelagos (ingestion + finality tracking) so Pelagos appchains can subscribe to Midnight intents and Cardano transactions/settlements
Extend the external transaction signing/execution surface to support the first non-EVM targets needed for the Midnight/Cardano MVP, using the TSS appchain as the outbound signing coordinator
GTM
Public release of our flagship product V1
Onboard 50–100 power users
Direct outreach to trading groups, KOLs, traders, and arbitrageurs
Release incentives framework and referral program
What February Needs to Prove
1. Our flagship product works in production. Real users, real strategies, real money. If it works, we have a flagship product. If not, we learn what's broken.
2. Midnight integration validates the model. Can Pelagos enable meaningful interoperability between privacy-focused chains and public ecosystems? February tells us if the architecture holds across fundamentally different chain types.
3. Post-launch momentum sustains. Developer activity, partnership pipeline, and tester quality matter more than vanity metrics. We're measuring: builders shipping on testnet, partnership conversations converting, and power users entering the alpha version of our flagship product.
Useful introductions:
Arbitrage desks
Quant teams
Active traders (especially CEX↔️CEX)
Teams building cross-chain products
— The Pelagos Team
Executive Summary
In January, we repositioned Pelagos to set the foundation for what's coming in 2026: protocol mainnet, our flagship product launch, and major ecosystem integrations like Midnight Network.

In January, we launched a new website that explains what Pelagos enables, how atomic execution works, and what can be built on top of it.
What the new site does:
Explains atomic execution clearly:
How multichain actions are treated as single executions with one outcome
Why this matters: no partial outcomes, no stranded funds, one auditable result
Technical mechanism: every step evaluated upfront, commits everywhere or aborts everywhere
Shows product advantages for users and developers:
For users: one unified balance, no bridges, no network switching, predictable settlement
For developers: build multichain apps that behave like single-chain transactions, unified liquidity, atomic guarantees
Showcases tech and performance:
Live testnet across Bitcoin, Sepolia, Solana, Polygon, BSC
~250ms block time, 100k+ TPS capability
Parallel DAG-based consensus
Demonstrates what builders can create:
Cross-chain DeFi (trades, liquidations, rebalances as atomic actions)
Unified liquidity pools across chains
High-performance appchains with shared security
Real-time cross-chain state reactions
Features applications already built on Pelagos:
LIQ Markets (cross-chain orderbook exchange)
LayerCover (cross-chain insurance)
Predicted (resolution marketplace)
Why it matters: This rebrand positions Pelagos as a leading execution layer in the web3 ecosystem. By showcasing real applications, technical capabilities, and a clear value proposition, we strengthen trust and credibility with investors, partners, developers and users. The messaging now reflects the execution-grade products we're building, setting up the stage for what we have in the pipeline for this year: protocol mainnet, flagship product launch, and major ecosystem integrations.

As outlined in our December update, we are building a flagship product in-house to anchor Pelagos' go-to-market. January was focused on validation and execution.
This product is an AI-native platform for creating, verifying, simulating, and deploying automated trading strategies across DEXs and CEXs with enforceable policy controls. Users generate strategies via LLM, verify them deterministically against a constrained DSL, simulate outcomes, then deploy with hard constraints: loss caps, slippage limits, venue whitelists, kill switches.
Pelagos serves as the decentralized execution layer beneath the platform. Validators produce a canonical stream of attested events, execution records, state diffs, and finality signals. This removes reliance on opaque backends and enables auditable, network-driven execution.
The platform will launch first for low-latency DEX and DEX↔️CEX automation, then expand into perps, non-EVM ecosystems, prediction markets, and privacy-focused environments.
Product Validation
Over 20 calls with traders, quants, and liquidity providers to shape the MVP
First litepaper draft prepared and being shared shortly with early users, community members, and investors
Draft incentive and testing program prepared, with a targeted list of traders and arbitrageurs for early access
Continued iteration with power users planned through and beyond V1
Technical Progress
MVP delivery in progress on Ethereum mainnet, major DEXs, and a first CEX integration (MEXC)
Core flow implemented:
Strategies are created via LLM input
Output is constrained by a verifiable DSL covering trading, arbitrage, and asset-management primitives
Invalid strategies return compiler-style errors with fix suggestions, protecting users from incorrect logic or LLM hallucinations
Confidential execution:
Strategy logic is encrypted and executed only inside Trusted Execution Environments (TEEs)
One validator per TEE
Validators participate in threshold cryptography but cannot read strategy logic in plaintext
MVP shipped with TDH2 threshold decryption in TEE and an initial validator–TEE interface
Latency target:
~250ms p50 from market-relevant event to outbound transaction broadcast or CEX order request (venue confirmation handled separately)
This enables an execution-grade loop-generate, verify, simulate, deploy with sub-second reaction times and confidential strategies that polling-based stacks cannot reliably support
The test is simple: Product-market fit will be measured by real usage and performance: if traders deploy capital, generate consistent returns, and continue using the platform, we've validated the model. If adoption or performance falls short, we'll have clear feedback loops to iterate quickly.

We formalized a major ecosystem partnership with Midnight Network (Cardano ecosystem). Initial scope: atomic swaps between Cardano Native Assets (ADA, CIP-26 tokens) and Midnight's native token, producing unified cross-chain execution records.
Longer-term: evaluating how Pelagos' execution model works with Midnight's privacy architecture, enabling private state transitions on Midnight to interact with external networks in a controlled, verifiable way.
Why this matters: This is our first major non-EVM integration and tests whether our execution model works across fundamentally different architectures. If successful, it validates that Pelagos can coordinate execution across any chain type, not just EVM-compatible networks.
Major Technical Milestone
We removed the last centralized component in our testnet execution flow. Outbound transactions are now signed in a decentralized way via threshold cryptography by TSS appchain, with no single party ever holding the private key.
Why this matters: This unlocks true "appchain → external chain" execution for Pelagos builders. Appchains can now trigger external actions while keeping signing decentralized and auditable at the network level. This is foundational for products like our flagship product and integrations like Midnight that require secure, decentralized outbound execution.

Team Updates
Two hires in January:
0xMachina, CMO - positioning, messaging, community, distribution, campaigns (led the rebrand execution)
Camilo, Lead Designer - product and brand design end-to-end (led the website and visual identity)
Marketing
Key Wins
Rebranded Pelagos and launched new website with clearer positioning around atomic execution
Finalized updated messaging framework across all channels
Established content strategy for X and blog (technical deep-dives, partner use cases, product education)
Project visibility increased 35% month-over-month while community size remained stable indicating stronger reach and engagement quality
Completed GTM preparation for flagship product launch
Flagship product
Early February: front-end MVP and closed private alpha with full DEX↔️CEX strategy lifecycle
Strategy simulation with PnL, drawdown, trade lists, and core risk metrics
Phased security plan: threat modeling, targeted MVP review, and mainnet audit path
By end of month: ~20 users running real strategies, expanded execution surface, and shareable performance envelopes without exposing strategy logic
Midnight & Cardano Integration
Core infrastructure:
Integrate Midnight and Cardano as first-class data sources in Pelagos (ingestion + finality tracking) so Pelagos appchains can subscribe to Midnight intents and Cardano transactions/settlements
Extend the external transaction signing/execution surface to support the first non-EVM targets needed for the Midnight/Cardano MVP, using the TSS appchain as the outbound signing coordinator
GTM
Public release of our flagship product V1
Onboard 50–100 power users
Direct outreach to trading groups, KOLs, traders, and arbitrageurs
Release incentives framework and referral program
What February Needs to Prove
1. Our flagship product works in production. Real users, real strategies, real money. If it works, we have a flagship product. If not, we learn what's broken.
2. Midnight integration validates the model. Can Pelagos enable meaningful interoperability between privacy-focused chains and public ecosystems? February tells us if the architecture holds across fundamentally different chain types.
3. Post-launch momentum sustains. Developer activity, partnership pipeline, and tester quality matter more than vanity metrics. We're measuring: builders shipping on testnet, partnership conversations converting, and power users entering the alpha version of our flagship product.
Useful introductions:
Arbitrage desks
Quant teams
Active traders (especially CEX↔️CEX)
Teams building cross-chain products
— The Pelagos Team
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