A market for what happens next.
Barkets settles short-horizon questions on chain. Every dollar deposited stays in the contract until the outcome is known, then goes to whoever held the winning side. No house, no counterparty risk, no discretion over who gets paid.
How it works
One dollar, two sides
A dollar of collateral mints one Up token and one Down token. Together they are always worth exactly a dollar.
The book sets the price
Orders are signed off chain and matched by price and time. The price of Up is the market's live estimate of the odds.
The oracle decides
At expiry the settlement price is written on chain. Above the strike, Up wins. There is no appeal to the operator.
The winner redeems
The winning token burns for a dollar. The losing token expires worthless. Nothing is left over.
Roadmap
The engine runs
The core is built and working on testnet. Markets open on a schedule, trade against a live order book, and settle without anyone pressing a button.
- Collateral, outcome tokens and settlement contracts
- Order book with off-chain signing and on-chain settlement
- Market maker quoting both sides from live volatility
- Indexer and API serving positions without touching the chain
- Genesis collection deployed to Arc mainnet
Ready for real money
Everything that has to be true before a stranger's dollar is safe here. Independent review, a settlement path that cannot leave funds stranded, and an oracle nobody has to trust us about.
- Independent security review of every contract
- Guaranteed exit: collateral is always recoverable
- Settlement moved to an external price oracle
- Mainnet launch with deeper liquidity
Genesis
2,222 collectible passes marking the earliest days. They are a record of who was here first — and the seat we intend to give those holders when governance arrives.
- Holder identity across the interface
- Early access to new market types
- A vote when governance opens
A treasury with an owner
A fee on every fill flows to a protocol treasury. What that treasury does — deepen liquidity, fund development, reward the people who show up — is a governance question, not a founder's decision.
BARKETS is designed as the instrument of that governance. Together with Genesis holders, it puts the direction of the protocol in the hands of the people who use it.
A share of every matched trade goes to the treasury.
Genesis and BARKETS holders decide how it is spent.
Deeper books, new markets, and the people who build them.
Genesis
Proof you were early
A collectible from the first weeks of Barkets. Its value is the moment it marks — and the seat it is meant to carry when the protocol hands over its direction.
Barkets is on testnet. Contracts have not been independently audited and settlement is not yet trustless. Phases 2 through 4 describe intent, not commitments, and depend on review, technical work and the rules that apply where users live. Nothing here is financial, legal or investment advice.