Building at the intersection of market infrastructure, programmable finance, and AI systems

Former institutional rates and macro trader and portfolio manager building inspectable systems for financial infrastructure and AI agents.

I combine thirteen years of experience in liquidity, collateral, execution, and risk with hands-on work in Go, Solidity, Ethereum infrastructure, APIs, and agent systems.

Seeking solutions architecture, technical strategy, and technical business development roles across digital assets, financial infrastructure, and AI-enabled workflows.

Flagship project

Rollup Mechanics Lab

InfrastructureL2Fraud ProofsGoInteractive

Interactive rollup mechanics lab comparing optimistic fraud proofs (/op) with a simplified, mock validity-verification path (/zk) that stands in for a succinct ZK proof. UI on Vercel at eth-l2.vercel.app; live simulation via a staging Go backend through Cloudflare Tunnel.

Rollup Mechanics Lab demo
InfrastructureMEVGoNext.jsTypeScript

Full-stack visualization of what happens between clicking send and a transaction becoming irreversible: execution and consensus layers, MEV, builder auctions, and finality. UI on Vercel at eth-tx-lifecycle.vercel.app; live data via a staging Go backend through Cloudflare Tunnel.

Ethereum Transaction Lifecycle Visualizer demo
AICreditInfrastructureInteractive

Interactive research report on GPU-backed term loans, data-center securitization, and the funding channels that turn an AI capex slowdown into a credit event. Provenance-tagged figures, recovery model, and Agent Mode exports.

Supporting engineering work
AIAgentsNext.jsllms.txt

A minimal agent-readable layer for magro.dev: /agent for humans, /agent.json for structured context, and /llms.txt as a low-noise router for AI systems.

{
  "schema": "https://magro.dev/agent.json",
  "schemaVersion": "0.1",
  "site": {
    "name": "Daniel Magro | Market Infrastructure, Programmable Finance, AI Systems",
    "url": "https://magro.dev",
    "description": "Former institutional rates and macro trader and portfolio manager building systems at the intersection of market infrastructure, programmable finance, and AI agents. Thirteen years in liquidity, collateral, execution, and risk, paired with hands-on work in Go, Solidity, Ethereum infrastructure, APIs, and agent systems.",
    "owner": {
      "name": "Daniel Magro",
      "email": "dan@magro.dev",
      "role": "Former institutional rates and macro trader and portfolio manager building market infrastructure, programmable finance, and AI agent systems"
    }
  },
  "agentMode": {
    "endpoints": {
      "overview": "https://magro.dev/agent/",
      "manifest": "https://magro.dev/agent.json",
      "router": "https://magro.dev/llms.txt"
    },
    "principles": [
      "Canonical human context lives on magro.dev.",
      "Agent-facing context should be structured, stable, citation-aware, and low-noise.",
      "GitHub/code links are attached only when they make the argument stronger.",
      "The portfolio is positioned around market infrastructure, programmable finance, and AI agent systems, built on thirteen years of institutional trading and portfolio management experience."
    ]
  },
  "projects": [
    {
      "title": "Rollup Mechanics Lab",
      "slug": "eth-l2",
      "tier": "primary",
      "summary": "Interactive rollup mechanics lab comparing optimistic fraud proofs (/op) with a simplified, mock validity-verification path (/zk) that stands in for a succinct ZK proof. UI on Vercel at eth-l2.vercel.app; live simulation via a staging Go backend through Cloudflare Tunnel."
    },
    {
      "title": "Ethereum Transaction Lifecycle Visualizer",
      "slug": "eth-tx-lifecycle",
      "tier": "primary",
      "summary": "Full-stack visualization of what happens between clicking send and a transaction becoming irreversible: execution and consensus layers, MEV, builder auctions, and finality. UI on Vercel at eth-tx-lifecycle.vercel.app; live data via a staging Go backend through Cloudflare Tunnel."
    },
    {
      "title": "Agent Runtime",
      "slug": "agent-runtime",
      "tier": "primary",
      "summary": "An interactive single-page walkthrough of a tool-using agent runtime: platform input, session hydration, the agent loop, tool dispatch, and persistence, made observable step by step with ASCII art diagrams."
    },
    {
      "title": "AI Infrastructure Financing",
      "slug": "ai-physical-infra-debt",
      "tier": "primary",
      "summary": "Interactive research report on GPU-backed term loans, data-center securitization, and the funding channels that turn an AI capex slowdown into a credit event. Provenance-tagged figures, recovery model, and Agent Mode exports."
    },
    {
      "title": "Hermes X-Ray",
      "slug": "hermes-xray",
      "tier": "primary",
      "summary": "A standalone browser observability lab inspired by Agent Runtime: enter a simple prompt and inspect model-visible context, loop stages, tool events, token estimates, verification, and persistence boundaries."
    },
    {
      "title": "Portfolio Agent Mode",
      "slug": "portfolio-agent-mode",
      "tier": "primary",
      "summary": "A minimal agent-readable layer for magro.dev: /agent for humans, /agent.json for structured context, and /llms.txt as a low-noise router for AI systems."
    },
    {
      "title": "Ethereum RPC Monitor",
      "slug": "eth-rpc-monitor",
      "tier": "primary",
      "summary": "Ethereum JSON-RPC monitoring CLI with block inspection, mempool snapshots, and real-time transaction tracing."
    },
    {
      "title": "AMM Simulation Engine",
      "slug": "eth-amm-sim",
      "tier": "primary",
      "summary": "AMM and EVM mechanics lab: impermanent loss under volatility regimes, fee accrual, concentrated liquidity, and fixed-point math modeled the way a rates trader would run scenarios. UI on Vercel at eth-amm-sim.vercel.app; live simulation via a staging Go backend through Cloudflare Tunnel."
    }
  ],
  "writing": [
    {
      "title": "Is the AI Infrastructure Buildout a Bubble? A Fixed-Income Trader's Read",
      "slug": "ai-infrastructure-buildout-bubble"
    },
    {
      "title": "The Magic Box, Part I",
      "slug": "the-magic-box"
    },
    {
      "title": "Agent Mode and the Inference Tax",
      "slug": "agent-mode-and-the-inference-tax"
    }
  ],
  "research": [
    {
      "title": "AI Infrastructure Financing: State of the Market",
      "slug": "ai-infrastructure-financing"
    },
    {
      "title": "The 2050 Economy: A Structural Forecast",
      "slug": "the-2050-economy"
    },
    {
      "title": "The Octopus as an Architectural Model for AI, Agents, and Agentic Systems",
      "slug": "octopus-agentic-systems"
    }
  ]
}
DeFiSolidityGoSimulationInteractive

AMM and EVM mechanics lab: impermanent loss under volatility regimes, fee accrual, concentrated liquidity, and fixed-point math modeled the way a rates trader would run scenarios. UI on Vercel at eth-amm-sim.vercel.app; live simulation via a staging Go backend through Cloudflare Tunnel.

AMM Simulation Engine demo

I spent thirteen years in institutional fixed income across sales, proprietary trading, macro execution, and portfolio management. Since leaving the desk, I have built open-source simulations, monitoring tools, smart contracts, and agent-facing systems that make complex infrastructure easier to inspect and explain.

My advantage is not simply knowing finance or writing code. It is understanding how technical architecture, liquidity, incentives, collateral, execution, and operational risk interact inside a real market.

Institutional markets

13 years across institutional fixed income sales, trading, and portfolio management: rates, macro, and cross-asset. Merrill Lynch, Jefferies, Nomura, PointState Capital, and Prudential (PGIM).

Full institutional history
2017 – 2019
VP, Fixed Income Portfolio Manager
Prudential Financial (PGIM)
Managed global interest-rate and relative-value portfolios across U.S., Canadian, European, and Japanese markets.
2015 – 2017
VP, Asian Hours Macro Execution Desk
PointState Capital
Executed cross-asset trades and managed risk from Wellington through Sydney, Tokyo, Hong Kong, and Singapore.
2011 – 2015
VP, Proprietary Trading
Nomura Securities
Traded macro and micro strategies in interest rates, FX, equities, and derivatives across U.S., European, and Japanese markets.
2006 – 2011
Institutional Fixed Income Sales
Merrill Lynch · Jefferies
Covered institutional clients across interest-rate products.

Building & operating

Alongside institutional work, I ran independent e-commerce operations and built Python systems for supply-constrained markets with real execution pressure. I studied permissionless protocols with developer communities and worked problems where strategy, sentiment, APIs, and tax-aware cross-border logistics all connect back to the same discipline from the desk: read the structure, then move with intent.

Market structureFinancial infrastructureAgent systemsAPIs and automationTechnical strategy
Builder timeline
2024 – 2025
Product & Platform Contributor
RAMM.ai, New York, NY
Shipped across the stack (smart contracts, frontend, and backend) and translated partner requirements into product, API, and on-chain constraints.
2019 – 2022
Independent Operator
Self-Employed
Built Python automation to track supply-constrained retail markets and optimize execution across competitive platforms and payment rails.
At a Glance
Institutional experience13 years
Building withGo · Solidity · EVM · AI · Hermes
EducationPenn State, Magna Cum Laude
Technical studyCS50 · boot.dev · Cyfrin