Permian Labs is a blockchain infrastructure company that co-founded USD.AI, a structured on-chain credit protocol connecting decentralized liquidity to financing for GPU compute infrastructure. Permian Labs's Twitter Score is 25 out of 1000 as of August 2026, ranking #39,610 (top 10%) among 483,944 tracked accounts.
Permian Labs was co-founded by David Choi as CEO, Conor Moore as COO, and Ivan Sergeev as CTO. The company previously developed and maintained MetaStreet, an on-chain structured credit architecture that now serves as the technical foundation underlying USD.AI. Permian Labs joined the NVIDIA Inception program in 2024 while building its GPU-financing technology.
Permian Labs develops and maintains USD.AI, which issues two tokens: USDai, representing tokenized dollar liquidity, and sUSDai, a yield-bearing counterpart that earns income from Treasury yield and GPU-backed credit positions. The company has announced a partnership with PayPal to back USDai with PYUSD for AI-infrastructure financing, and arranged a $500 million non-recourse guidance facility for QumulusAI through the protocol. Permian Labs also committed $5 million to seed a USDC-USDai liquidity pool on Arbitrum. The company states it has raised $38 million in total funding, facilitated $358 million in loan volume, and that affiliated entity Tactical Compute operates $60 million in compute hardware globally.
Permian Labs announced a $13 million Series A on August 20, 2025, led by Framework Ventures. Additional backers include Dragonfly, Digital Currency Group, Coinbase Ventures, Delphi, Ethereal Ventures, Big Brain Holdings, CMT Digital, Flowdesk, YZi Labs, Alliance, DISH, Hermeneutic Investments, FWL Capital, and Nascent. Permian Labs has published 80 posts and has been mentioned by 10 accounts a total of 12 times.
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The accounts that follow Permian Labs include 85 founders, 31 angel investors, 26 influencers and 2 VCs, among them Vance Spencer, Foobar, Gmoney, gabrielShapir0, Cuy Sheffield and Seraphim.