Credit desk for onchain finance, backed by GSR
Hare rates, structures and places onchain credit for institutions and curates onchain vaults. Launched by GSR on October 7, 2026 with a $100 million anchor commitment and built alongside liquidity distribution platform Turtle, it is led by CEO Connor Milner. Its first planned products are Aave-powered vaults: Hare USD Earn for major dollar stablecoins and Hare Gold Earn for Paxos' PAXG and PAXGy tokenized gold; deposit terms and launch dates had not been published at announcement.