BarnBridge, established in 2019 and officially launched in September 2020, operates as a protocol dedicated to tokenizing risks, essentially serving as a decentralized finance (DeFi) toolkit for creating tradable tokens linked to market volatility. Despite its early launch stage as of March 2021, BarnBridge aims to enhance the versatility and efficiency of DeFi by offering solutions for managing risk exposure within the market. BarnBridge's innovative approach involves tokenizing market fluctuations and risk exposure, providing avenues to mitigate volatility for conservative investors or amplify it for day traders. Through this framework, BarnBridge facilitates the integration of traditional risk management tools and fixed income instruments into the DeFi landscape. Its primary objective revolves around segmenting cryptocurrency risks into tranches, allowing market participants to invest in various products or assets based on their individual risk profiles.