Decentralisation
Fully on-chain
PopularityX is fully on-chain. Positions, balances, and market state all live in smart contracts. The AMM is on-chain too. Nothing is held by PopularityX, and nothing requires PopularityX to be running for your positions or prices to exist.
Non-custodial
Connect any EVM-compatible wallet and your funds remain under your control. There is no account system, no sign-up, and no withdrawal request. You interact directly with the contracts.
No price curator
Every alternative measure of who matters requires a curator: someone who decides what counts, how to weight it, and how to update the methodology over time. That decision introduces a single point of bias and control.
PopularityX has no curator. The price is set entirely by trading activity. No entity, including PopularityX, can move a price without putting capital at risk.
Permissionless liquidity
Anyone can deploy an AMM or order book on top of a live PopularityX board. The Ledger, which holds all positions and enforces solvency, is open. Adding a new pricing mechanism requires no permission from the PopularityX team.
Open contracts
Source code and audit reports will be published ahead of launch. Integration means reading the contracts directly. There is no hosted API and no off-chain dependency.
Market creation
The one remaining centralised element is market creation. New boards and new positions within them are currently created by the PopularityX team. We are exploring mechanisms to decentralise this.