Many DeFi protocols are initially conceived as retail-only products, which are later extended to institutions. As institutions and businesses show increased interest in DeFi, there is a need to provide compliant and secure solutions to match such customers’ requirements. AAVE ARC, a permissioned market for institutions, is one such example which is addressing this demand. The Nereus protocol is designed to provide permissioned markets for institutions from conception. This unique approach will immediately increase the target audience for fixed and variable products.