Own a market

Market licenses

Every commodity has a single transferable license NFT. Hold it and you earn 70% of that market's trading fees for as long as you hold it; the protocol keeps 30%. The more your market trades, the more it pays. Sell the NFT to transfer the fee-right.

One per market

Exactly one license exists per commodity — 23 in all. Minting is first-come; there is no second.

70% of the fees

Each trade pays ~10 bps round-trip. Your 70% share accrues into a bucket you can claim any time.

Transferable

Sell the NFT and the fee-right goes with it. Your earned fees settle to you at the moment of sale.

Pre-mint backlog

Fees accrue even before a market is minted. The first person to mint that license claims the whole backlog.

CommodityHolderAccrued fees · your 70%

New here? Read how fees flow to license holders →