Finally, Dianthus’s capabilities were demonstrated in the investigation of multi-component interactions with PROTACs (proteolysis targeting chimeras). PROTACs offer a therapeutic means of tackling undruggable proteins by forming ternary complexes with ubiquitin ligase and the protein of interest. However, equilibrium conditions for the formation of such complexes can be difficult to control. Here, Dianthus is used to characterize PROTAC interactions with a bromodomain protein. To do this, the binary Kds were first determined in separate PROTAC-ligase and PROTAC-target interactions. This was followed by titrating the ligase for the entire PROTAC complex to determine the ternary Kd. In the end, this strategy led to a reliable method of calculating the cooperativity value of a complex, oligomeric system in solution, under controlled equilibrium conditions.