Why We're Rebranding and What Comes Next

The past few months have been a transformative ride. While building toward a token launch and raising capital, we encountered some bumps—including an attempted exploit in April.

Fortunately, the attack didn't do real damage, but it gave us an opportunity to pause, reflect, and make some important upgrades—not just to our security stack, but to our vision, our message, and how we connect with you, our community.

This moment sparked something bigger: it was time to evolve.

A Clearer Message, a Stronger Foundation

Let's face it: our messaging hasn't always made it easy to understand what we're building. We kept getting lumped in with "perpetuals DEXs," when our real goal has always been futures, together with a deeper infrastructure layer that empowers others to build on top of us.

We realized we needed to tell our story better. So, we're splitting our brand into two parts:

• Pascal Protocol — Our on-chain clearing protocol. This is the core infrastructure powering everything. Why Pascal? It's a nod to pressure, risk, and belief, because DeFi needs belief in robust infrastructure. Pascal is about capital efficiency, real-time risk engines, and giving RWA and exchange builders the tools to match (and surpass) TradFi.
• Jetstream — Our trader-first platform. Just like jetstreams drive global weather, Jetstream drives global futures. Built on Pascal, it's designed for serious traders who need more than perps: real options, better margining, and a clear path for altcoin markets to flourish again.

What's Changing, What's Not

CVEX becomes our labs team. The mission continues as it was, but with a clearer identity.

Pascal is the foundation. Jetstream is the product.

Both are built to scale DeFi beyond what we've seen so far.

We're embracing feedback. We've rebuilt our token approach around community-first economics.

What to expect?

• Pascal Token: Launching before autumn. It captures protocol-level fees (20%) from every platform built on Pascal (several in the pipeline already).
• Jetstream Token (Jets): Coming later, following a points program to reward activity. 70% of platform fees will go back to users via buybacks. No VC share. No team cut. Just the community.

What This Means for You

Been here a while? You're in a great spot. You'll get Pascal tokens and your points will roll into Jetstream's Alpha Season.

Just joined? You're still early. You'll get points, access to Alpha, and plenty of ways to earn.

No crazy rules. No hoops. Just clear, fair, and simple.

What's Coming Next

From Pascal, expect deep dives into risk, capital, and RWAs.

From Jetstream, expect alpha: incentives, options, trading tools, vaults, APIs—and more ways to win.

All we ask? Stay loud. Trade hard. Give feedback. Help us shape what comes next.

DeFi deserves better. Pascal and Jetstream are here to build it—with you.

— The Jetstream Team