Your activity,
your starting point.
A sales history is what makes repayment capacity estimable. The proposal starts with CSV files and the business's own books.
Capital that follows your sales
Your business flows.
Your capital,
too.
Turn your sales into working capital. Take the financing, and pay it back little by little with every new sale.
Built for Solana · Settled in USDC · Powered by real cash flow
One sale. Two destinations.Illustrative flow
↗
New sale receivedCafé Origen · Sample business
250.00USDC-dev
Payment received ✓
AUTOMATIC SPLIT
↗ Available to your business200.00
USDC-dev80% of the sale
↻ Back to the pool50.00
USDC-dev20% to the credit
Your payment button becomes the repayment mechanism.
THE CAUDAL CYCLE
Fewer promises.
More movement.
Try how a business's data turns into financing, and how its sales carry it back to the pool.
INTERACTIVE PROTOTYPE · NO REAL FUNDSLocal simulation · USDC-dev
Café Origen
Your next chapter starts with your sales.
MONTHLY SALES
12,500
USDC-dev · averageBUSINESS SCORE
—Pending
Awaiting assessmentAVAILABLE LIMIT
—
USDC-devSales history6 months of activity
MARAPRMAYJUNJULAUG
See how much capital this business could receive from its sales history.
Start with the sample data. No sign-up, no wallet.
Credit repaid 0%Outstanding: 0.00
The capital that powers the cycle.
Pick a tranche and simulate your contribution to the pool.
You don't have a simulated position yet.
These rates are presentational assumptions, not observed or guaranteed returns. Senior can lose capital too.
Liquidity available in the pool
125,000.00
USDC-dev · illustrative opening split70% Senior20% Junior10% Reserve
0.0%Utilisation in this demo
0.00Fees returned to the pool
The business's repayments update the liquidity and the fees earned in this simulation.
A clear order for absorbing losses.
A standalone scenario: a 7,000 USDC-dev loss hits Junior first, then the reserve, and finally Senior if that is not enough.
01 / Junior5,000
Capital that absorbs the first loss.
02 / Reserve3,000
An extra backstop, represented here in the demo.
03 / Senior20,000
Touched only once the other layers are exhausted.
An illustrative reserve; there are no real RWA assets held in custody.
ⓘ A local visual prototype. Simulated sales. No wallet, no Solana transactions, no real money. The MVP in the brief targets devnet.
BUILT AROUND YOUR BUSINESS
Cash flow
opens the door.
Buying inventory. Getting the next order ready. Keeping the business moving.
Caudal ties that growth to what your business already produces: its sales.
Explore the business example ↗Your activity,
A limit you
can understand.
Revenue, variation and trend inform a conservative limit. The proposed AI normalises the data; the rules bound the result.
Liquidity to
keep growing.
A pool funds the advance in USDC. Two tranches spread the risk and the payment priority among those providing the liquidity.
Every sale
closes the loop.
A fraction of each payment repays principal and fee. The rest stays with the business, and the capital goes back to the pool.
THE FLOW COVENANT
The rate follows
the flow.
Your repayment share is set by what actually moves through your button. Sustain the flow you were underwritten on and it stays where you agreed. Divert it, and it adjusts — on its own, inside limits fixed the day you drew.
AUTOMATIC · BOUNDED · ON THE RECORD01 / FLOW SUSTAINED15.00%
The rate you agreed. Nothing moves while your button carries the sales your limit was written against.
02 / FLOW DIVERTED+2.50%
Sales stop arriving through the button. The share steps up once per period — never further than the ceiling frozen at disbursement.
03 / FLOW RECOVERED15.00%
A thermostat, not a ratchet. When the flow comes back, the rate walks down again to where it started.
The button is
the collateral.
What is being protected is not a good month — it is the stream itself. A merchant who routes sales to a rail Caudal cannot see has quietly removed the collateral. That is what the covenant answers, and it is why it measures transactions through the button rather than revenue in general.
Every limit is
fixed in advance.
A ceiling on the share, a ceiling on how far it can move in one period, a grace window after disbursement, and a floor on what you keep: never less than 65% of any sale. The ceiling is frozen the day you draw, so a later policy change cannot reach a loan already written.
A rule, not
a committee.
No call, no renegotiation, no discretion. The same deterministic curve runs for everyone, and the ceiling is enforced by the contract and the database as well as the code — three independent statements of the same limit.
Every move,
with its evidence.
Each adjustment is written with the period it measured, the flow it observed and the baseline it compared against, to a record neither side can edit afterwards. A price that changes by itself has to be one you can check.
CAPITAL CONNECTED TO THE REAL ECONOMY
The next step is moved by a sale.
Walk the whole journey with a sample business.