FAQ
1. What exactly am I trading on Trendle?
You’re trading attention levels - our Dollar of Attention (DoA) index for a topic (e.g., a protocol, team, influencer, or memecoin).
Your P&L depends on how DoA moves, NOT on real-world outcomes. See the Index chapter for the DoA spec and update cadence.
2. How is Trendle different from classic prediction markets or memecoins?
What is traded
Probability of a binary/finite outcome (yes/no, date ranges).
Attention level (DoA) around a topic; you can long/short attention.
Token whose price is mostly driven by hype/memes.
Reference / settlement
Event resolution (oracle decides true outcome).
DoA index published every minute; markets trade around this reference.
No structured reference; free-floating price.
Outcome dependency
Payout only if the predicted outcome resolves as true/false.
P&L depends on changes in DoA, regardless of real-world result.
P&L depends on token price swings; not tied to measured attention.
Primary P&L driver
Movement in implied probability before resolution + final resolution.
(index moves) + funding transfers between longs/shorts.
Speculative flows (virality, narratives, liquidity churn).
3. Where does Trendle get its data?
From public engagement metrics across X (Twitter), Reddit, and YouTube. We ingest only publicly available fields like impressions, likes, replies / quotes;
4. How often does the index update?
Every minute, computed on a rolling 7-day window to capture spikes and short-term persistence.
5. What is the funding rate here?
it’s a crowding tax. every second, the side with more open interest (more money on that side) pays a small fee to the smaller side. The fee you pay/receive is a percent of your opening size (collateral × leverage). It’s calculated separately for each index, is zero if everyone is on one side, and if it eats through your collateral can liquidate you even if your trade is in profit.
6. If there is no spot attention asset, why does Trendle have funding rates and what do they do?
Trendle does not have a tradable spot attention asset to arbitrage against. The Attention Index (DoA) is a non-tradable reference signal, computed independently from social and engagement data. Traders price a perpetual-style derivative around that index, based on leverage and positioning. Because there is no spot market, funding on Trendle does not exist to anchor price via arbitrage, as in traditional perpetuals. Instead, funding acts as a crowding tax: the side with greater open interest continuously pays the minority side.
In other words, funding prices positioning imbalance, not the underlying attention signal itself. It penalizes overcrowded trades and rewards traders who take the contrarian side when positioning becomes extreme, helping keep markets balanced even without a spot reference.
7. When can my position be liquidated?
Not enough margin: your remaining collateral is too low for the risk.
Profit hits the cap: you’ve earned up to the configured maximum payout, so the system force-closes.
Funding eats your collateral: ongoing funding fees use up your collateral (even if price PnL is positive).
Market is turned off: the index or token gets delisted/disabled.
Access revoked: your address is removed from the whitelist.
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