How it works.

A key is a share of a trader. There are no order books and no counterparties: you mint from the curve and you sell back into it. Price is a pure function of how many keys are outstanding, so the chart on every trader page is the market itself, not a snapshot of one.

Every key costs 10% more than the one before it. The first key sets the floor; the last one sets the ceiling. Selling walks the same stairs back down, so the exit price is always the price of the last key minted.

Buys carry a 7% fee: 5% is paid straight to existing keyholders pro-rata, 2% goes to the protocol. Sells settle into the curve at a 11.54% buyback spread, which is what keeps the floor funded when holders exit.

The curve keeps stepping up for as long as people keep buying — keys minted so far is the supply you see on each market. The scarcity rule is per wallet: one key per wallet, per trader. Sell your key back into the curve and you're free to buy again later.

Everything is denominated in SOL on Solana mainnet. Connect your Solana wallet and your holdings follow that address, not a login. Every key buy is a real SOL transfer signed by your wallet and sent to the market's escrow address. Keys, holders and the live tape update for everyone in real time.