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Metaphor

Metaphor

CONFIDENTIAL & AUTOMATED RWA HUB FOR INSTITUTIONAL

Created on 20th February 2026

Metaphor

Metaphor

CONFIDENTIAL & AUTOMATED RWA HUB FOR INSTITUTIONAL

The problem Metaphor solves

Institutions wanting to tokenize real-world assets (bonds, invoices, real estate) face three barriers: their portfolio strategies are exposed on public blockchains, coupon/yield payments depend on fragile off-chain servers, and risk analysis is manual and disconnected from on-chain data. Outward solves all three in a single platform — asset managers tokenize RWA with manual KYC whitelisting and role based access control, negotiate privately through confidential vaults where each party only sees what they're authorized to see, automate coupon payments deterministically on-chain with no centralized infrastructure, and get AI-powered risk analysis with stress testing and actionable recommendations that always require human approval before execution.

Challenges we ran into

Our InstitutionRegistry contract hit Ethereum's 24KB deploy limit (EIP-170), so we extracted an InstitutionDeployer to handle the heavy logic externally. The backend had an ESM compatibility issue where ABI file loading broke because __dirname doesn't exist in ES modules. Hedera's Schedule Service precompile had limited documentation, so we relied on iterative testing on testnet. And Daml was new to the whole team — Canton's party-scoped visibility model took time to get right.

Use of AI tools and agents

Outward integrates an AI-powered risk analysis assistant built on 0G Compute for decentralized inference. When a user clicks "Analyze" on a vault, the backend sends the vault's composition (asset types, ratings, allocations, maturities) to 0G Compute, which returns a structured risk report — a composite score from 1 to 100, per-position analysis, stress test simulations (rate hikes, issuer defaults), and actionable rebalancing recommendations. The output is validated against strict schemas (Zod) to ensure consistency. Critically, the AI never executes transactions on its own — every recommendation is surfaced in the dashboard with explicit approve/reject buttons, enforcing a human-in-the-loop workflow. A mock inference mode is available as fallback when 0G is not configured.

Tracks Applied (6)

New France Village

Metaphor sits at the intersection of TradFi and DeFi by bringing institutional-grade asset management on-chain. It lets ...Read More

Best DeFAI Application

Metaphor is a confidential RWA (Real World Assets) hub for institutional finance that embeds AI directly into critical D...Read More
0g Labs

0g Labs

Best Use of AI Inference or Fine Tuning (0G Compute)

Metaphor integrates 0G Compute as the inference backbone of its AI-powered risk engine for institutional RWA (Real World...Read More
0g Labs

0g Labs

On-Chain Automation with Hedera Schedule Service

Metaphor uses the Hedera Schedule Service System Contract (precompile 0x16b) to automate bond coupon payments entirely f...Read More
Hedera

Hedera

Best Privacy-Focused dApp Using Daml

Metaphor is a privacy-first institutional RWA hub built natively in Daml and deployed on Canton L1 Devnet, where every c...Read More
Canton Network

Canton Network

Open Project Submission

Metaphor is a deployed, institutional-grade RWA tokenization hub running on ADI Chain, where all five core contracts are...Read More
ADI Foundation

ADI Foundation

Discussion

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