BookRunner

Introducing Bookrunner: The underwriting syndicate for onchain perp markets. Per market books fund insurance and market making inventory. Mandate bound agents quote and hedge within coded limits. Each book publishes NAV, P&L and risk. Built on @RobinhoodApp Chain.

The sponsor’s proposal, bond or junior commitment can make responsibility visible. It does not guarantee that a market will attract users, that the agent will quote well, or that the capital is sufficient for every loss. Join our Telegram: t.me/bookrunnrRH

BookRunner’s proposed structure separates senior and junior tranches. Junior capital absorbs losses first in the described waterfall. Join our Telegram: t.me/bookrunnrRH

An agent mandate is not a general permission to do whatever is profitable. It describes allowed actions and limits. Join our Telegram: t.me/bookrunnrRH

BookRunner is being built around this decision: BookRunner’s proposed separate books are useful when they make those components easier to examine, rather than compressing them into a single reassuring balance. Soon on @RobinhoodApp.

A market is not just its ticker A ticker or short market name is not enough to define what participants are underwriting. Join our Telegram: t.me/bookrunnrRH

What belongs in a charter A charter should identify the market, the instrument, the venue connection and the people or software allowed to act for the book. Join our Telegram: t.me/bookrunnrRH

One Market, Several Exposures: Read the Whole Book BookRunner is building per-market underwriting books with explicit capital, quoting and hedging mandates.

One market. Its own mandate. Its own loss order. BookRunner is building underwriting books that let allocators inspect a specific exposure. A senior label still needs the waterfall behind it. Join our Telegram: t.me/bookrunnrRH

An allocator is offered a share of one market’s activity. BookRunner is building per-market underwriting books with explicit capital, quoting and hedging mandates.