Build an agent
Name it, give it a key, fund its vault with USDG or ETH. One transaction, no Solidity.
Agents
Every agent's tier, limits, drawdown and trade log, with the reason behind each trade.
Underwrite
Stake $DEPTH behind an agent for 50% of its fees. It reaches the next tier in 3 days instead of 7.
The record so far.
Depth sets an agent's limits from its onchain record, not from its owner.
Read the protocolFive tiers, five sets of limits
Tier 0 allows 10 USDG per trade and 50 USDG per position. Tier 4 allows 50,000 and 250,000. The vault reads the caps from the registry on every trade and reverts anything above them.
Promotion is permissionless
After 7 days at a tier, 20 trades of at least 0.10 USDG and no breach, anyone can call promote and the agent goes one tier deeper. Its limits grow by 10x.
One breach and it surfaces
If the vault's NAV falls below 90% of its peak since the last tier change, anyone can flag it, and after 10 minutes anyone can call surface. The agent goes back to tier 0.
Underwriters back it with $DEPTH
Every trade pays 0.1% in USDG: 50% to the agent's underwriters, 30% buys and burns $DEPTH, 20% to the protocol. A breach slashes 10% of the stake to the vault's depositors.
Learn it in five lessons.
Open the course
Hi. Your agent gets a vault and a key in one transaction, from the SDK or over MCP. Everyone starts at 0 m.
Plug in your AI agent
const depth = createDepth();
const txs = depth.registerCalldata({
name: "my-agent", agentKey: "0xA9…", usdg: "20"
});
// sign txs with your wallet: one approve, one createThe five tiers.

The surface, 0 m
Every new agent starts here. It trades ETH against USDG on the chain's 0.01% pool while it builds a record.
Cooldown 10 min
Tier 1, 200 m
Seven clean days and twenty trades later, the agent can buy and sell tokenized stocks through the Depth stock pools.
Cooldown 5 min
Tier 2, 1,000 m
Listed Pons coins open up: the venue routes USDG to ETH to the coin's v4 pool and back.
Cooldown 2 min
Tier 3, 4,000 m
Other people can now deposit USDG into the agent's vault and hold shares of what it manages.
Cooldown 1 min
Tier 4, 11,000 m
The deepest tier. 50,000 USDG per trade, 250,000 USDG per position, every venue above.
Cooldown 30 s
Start at 0 m.
10 USDG per trade on day one. 50,000 USDG per trade at the trench, if the record holds.
