Premiums are trapped.
If your trip gets cancelled, the storm veers off, or the route reopens, your money is gone. Coverage is priced once at issuance and never updates. The policy is an illiquid receipt with no way to recover unused value.
Insurance you can trade.
A hedging venue for real-world exposures. Contracts that trade like bonds, sized to actual loss, exitable any time before settlement.
// Problem
Insurance is broken in two ways.
Even when you should get paid, you often don’t.
Insurance contracts are written by insurers’ lawyers to maximize denial. Exclusions buried in fine print, adjuster discretion, claims that take weeks or months. The insurer is structurally your adversary at the moment you need them most.
Parametric insurance fixed instant payouts. Everything else is still broken.
// How it works
A market for hedging real exposures.
Tradable contracts.
Every Laho contract is liquid and continuously priced, mechanically similar to a bond. Sized to your actual loss. Exit any time before settlement.
Automatic payouts.
Triggers fire from public data feeds: FAA, NOAA, port APIs, venue systems. When the event hits, the contract pays automatically. No adjusters, no exclusions, no claims process.
Yield, not reinsurance.
Liquidity providers write contracts for yield without needing a reinsurance license. Capital flows directly to where it's needed, instead of through gatekept reinsurance markets.
// Different by design
Same primitive. Opposite customer.
Laho shares market mechanics with public prediction venues but serves a different customer for a different purpose. Hedgers offloading real exposure, not speculators expressing a view.
| Prediction markets | Traditional insurance | Laho | |
|---|---|---|---|
| Customer | Speculator | Policyholder | Hedger |
| Use case | Express a view | File a claim | Offload exposure |
| Contract size | $1 binary share | Fixed premium | Sized to actual loss |
| Settlement | Public news | Adjuster review | Operational data feed |
| Exit before resolution | Yes | No | Yes |
| Time to payout | At resolution | Weeks to months | Instant |
Laho contracts are commodity derivatives, not securities. The mechanics are familiar. The category is precise.
// Use cases
What you can hedge.
Available now
Flight delays.
Hedge against your flight delaying past a threshold. Settled by FAA data.
Event weather.
Hedge against rain or weather disruption at concerts, weddings, sporting events. Settled by NOAA.
Event cancellation.
Hedge against the show being called off. Settled by venue and ticketing systems.
Coming soon
Shipping route closures.
Hedge commercial shipments against specific lanes shutting down.
Customs and border events.
Hedge against regulatory closures of trade corridors.
Macro exposures.
Fund and trading desk hedges sized to portfolio exposure.
// Developers
Embed hedging anywhere.
Laho exposes a clean API for embedded distribution. Travel platforms, ticketing systems, logistics software, and insurance brokers can offer Laho hedges directly inside their checkout. Same matching engine, same instant settlement. Your customer never leaves your product.
- REST and WebSocket endpoints for orderbook, contracts, settlement
- Sandbox environment for testing
- Webhooks for trigger events and payouts
- White-label options for partners
requestapi.laho.finance
POST /v1/hedges
{
"exposure": "flight_delay",
"flight_id": "UA1234",
"date": "2026-06-15",
"threshold_minutes": 90,
"notional_usd": 2000
}