TAPEZERO

TAPEZERO - Markets start at zero

Markets start at zero.

Pick the quote.Set the rules.Hit the tape.
01Protocol

The first tick

How a TAPEZERO market opens.

  1. $10K FDV
    Configured
  2. Token USD price
    $0.00001
  3. NVDA oracle
    $230.24
  4. Quote ratio
    4.343e-8
  5. sqrtPriceX96
    1.6512e25
  6. Tick
    -172,340
  7. Market open
    First 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.
02Compose

Market composer

Build the rules before the first trade.

  1. Quote
    NVDA
  2. Anti-snipe
    20 blocks
  3. Auto burn
    0.50%
  4. 500th buy
    Enabled
  5. Uniswap v4
    Pool
Live simulation
Buy
$100
Receive
9,742,101T0DOG
Burn
48,955T0DOG
Pot
+0.42NVDA

Illustrative figures. The composer computes these on-chain.

03Quote safety

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.
NVDA
Quote health
Healthy
Oracle
Chainlink
Age
14s
Multiplier
1.00
Action
None
Ready to launch
04Market rules

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.

Block 0Block 20
Block 21 → ∞

Auto burn

Burn happens inside the trade.

Buy
$100
Swap
v4 pool
Output
9,791,056
99.5%
Buyer
0.5%
Burn

One transaction

No scheduled bot.
No later action.

500th buy

Experimental

Deterministic. Public. Raceable.

499 / 500
0x42...0xA1...0x97...#500

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.

Pot
12.48NVDA
05Economics

Creator fees

The fee stream belongs to the market.

Market
Creator fee0.40% of quote in
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.
06Verification

Market manifest

Every market, frozen in code.

Config hash
0x7AE9C41B8D5F2A6730E1B94C08DFA25169B3E7C4A8D0F61529B7E4C3A0D641D0

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.

Frozen at
Block
18,492,201
Opening FDV
$10,000
Quote
NVDA
LP
Permanent

Illustrative hash and block. Real manifests are one per launched market.

07Architecture

What a market is made of

TAPEZERO starts the market. It does not own it.

Uniswap v4
Pool · the market itself
Protocol · first orbit
  • T0 Hook
    Enforces the market's rules on every swap
  • Factory
    Creates and initialises the market
  • Quote Registry
    Validates supported quote assets
  • Oracle
    Feeds verified quote pricing
  • LP Locker
    Holds the launch liquidity, permanently
  • Fee Vault
    Accounts protocol and creator fee flows
Off-chain · second orbit
  • Indexer
    Read events
  • The Tape
    Presents markets
  • Web App
    Read / launch

Remove the website.
The market remains.