- Oracle
- Chainlink
- Age
- 14s
- Multiplier
- 1.00
- Action
- None

TAPEZERO - Markets start at zero
Markets start at zero.
The first tick
How a TAPEZERO market opens.
- $10K FDVConfigured
- Token USD price$0.00001
- NVDA oracle$230.24
- Quote ratio4.343e-8
- sqrtPriceX961.6512e25
- Tick-172,340
- Market openFirst tick
- $10K FDVConfigured
- Token USD price$0.00001
- NVDA oracle$230.24
- Quote ratio4.343e-8
- sqrtPriceX961.6512e25
- Tick-172,340
- Market openFirst tick
Nobody manually chooses the token price.
The first tick is derived from the configured valuation and verified quote data. Every rounding decision in that derivation points the same way, so a market can open a fraction below the valuation you asked for, and never above it.
- Derived, not typed
- The launch transaction reads the quote's Chainlink answer, does the arithmetic in fixed point, and initialises the pool at the resulting tick.
- Rounded one way
- A market that opened rich would hand the first buyer a worse price than the composer previewed. So it rounds down. Always.
- Refused, not fudged
- If the answer is stale, non-positive, or a corporate action is about to land, the launch reverts. There is no fallback price.
Market composer
Build the rules before the first trade.
- QuoteNVDA
- Anti-snipe20 blocks
- Auto burn0.50%
- 500th buyEnabled
- Uniswap v4Pool
- Buy
- $100
- Receive
- 9,742,101T0DOG
- Burn
- 48,955T0DOG
- Pot
- +0.42NVDA
Illustrative figures. The composer computes these on-chain.
The quote is part
of the market.
Stock-quoted markets introduce conditions normal token launchers never need to consider.
Oracle freshness, pauses and corporate actions can determine whether a market should open.
- Checked on-chain
- Approval, a positive answer, staleness, feed decimals, token decimals and pending ERC-8056 actions. A launch that fails any of them reverts.
- Warned off-chain
- Trading halts and asset status live behind a REST API. No contract can enforce them, so they appear as warnings, labelled as warnings.
Rules set before
the first trade.
Market behavior is configured before launch and frozen when the market opens.
Anti-snipe
Protection is defined before launch, then ends.
- Max buy
- 0.25%
- Temp fee
- 1.50%
- Duration
- 20 blocks
Protection expired.
Nobody can extend it.
Auto burn
Burn happens inside the trade.
One transaction
No scheduled bot.
No later action.
500th buy
ExperimentalDeterministic. Public. Raceable.
The next qualifying position is visible to everyone. A searcher who can count buys can position for the payout, which is why the module ships disabled.
Creator fees
The fee stream belongs to the market.
- 60%
- Creator
- 25%
- Dev
- 15%
- Artist
- Set once
- Recipients and weights are part of the frozen configuration. They cannot be edited after the market opens.
- Paid in the quote
- The fee is taken on the quote side of every trade and accrues in the vault, per market, per token.
Market manifest
Every market, frozen in code.
The hash covers every rule the market will ever run under. The app recomputes it from the published configuration and says whether it matches, rather than asking you to take its word.
- Opening FDV
- $10,000
- Quote
- NVDA
- LP
- Permanent
Illustrative hash and block. Real manifests are one per launched market.
What a market is made of
TAPEZERO starts the market. It does not own it.
- T0 HookEnforces the market's rules on every swap
- FactoryCreates and initialises the market
- Quote RegistryValidates supported quote assets
- OracleFeeds verified quote pricing
- LP LockerHolds the launch liquidity, permanently
- Fee VaultAccounts protocol and creator fee flows
- IndexerRead events
- The TapePresents markets
- Web AppRead / launch
Remove the website.
The market remains.
