Live markets
The fastest loop on Acepyr — rolling five-minute windows on crypto prices, opened continuously and resolved automatically against the exchange print at each window's close.
The fastest loop on the platform. A Live market asks one question about the next five minutes: "Is BTC up or down?" You take Up or Down, the window closes, and the price feed settles it automatically. New windows open continuously, so there is always a round in play.
Read this first
Acepyr is pre-mainnet. The $ACEPYR that exists today is a testnet token, a symbolic point system. It carries no economic value, no USDC claim, and no revenue share. For anything money-related, How Acepyr's economics work is the single source of truth.
What's running
| Assets | BTC, ETH, SOL, XRP, BNB, HYPE |
| Window | 5 minutes, aligned to the wall clock |
| Sides | Up or Down |
| What's tradeable | The window in progress and the next one, always |
| What settles it | The exchange price at the window's close, read automatically |
| How it fills | Instantly, against the curve — see how the curve works |
Because the next window is already open while the current one is running, trading never gaps at the flip. A market titled BTC Up or Down (14:15–14:20 UTC) is exactly what it sounds like: it opens for the 14:15 window and settles the moment 14:20 arrives.
How a window resolves
The price to beat is fixed when the window opens
At the moment the window is created, Acepyr records the asset's opening price from the exchange feed. That number is stored with the market and is the line the window will be judged against. It doesn't move afterwards.
You take Up or Down
You buy shares in the side you think is right. Fills are instant — there's no counterparty to wait for. You can also close out before the window ends by selling back at the current price.
The window closes and the closing price is read
At the window's end time, the same exchange feed is read again for the closing price.
Up wins if the close is at or above the open
Up wins when the closing price is greater than or equal to the opening price. Down wins only when the price actually finished lower. Winning shares pay out; losing shares pay nothing.
An unchanged price pays Up
The comparison is at or above, not strictly above. If the closing price comes in exactly equal to the opening price, the window resolves Up. This matters more than it sounds on a five-minute window in a quiet market.
The price you see versus the price that settles
Acepyr uses two different price readings, and the distinction is deliberate.
- The live ticker on the market page is a streaming quote. It's there so you can watch the window move in real time.
- The settlement price is the exchange's published one-minute candle at the window's boundaries.
Only the second one ever decides a market. A streaming quote can't be replayed or audited after the fact, so it is never allowed to settle anything. If you're watching the ticker hover right at the line, expect the settled result to be judged on the published print rather than the last tick you happened to see.
What your winnings are worth
Live markets run on the curve, not the order book — so the payout rule from the Overview applies here specifically.
Each window is opened with a starting pool of 1,000 $ACEPYR split evenly across Up and Down. That pool sets the prices, but the money that actually pays winners is what traders put in. A winning share is worth up to $1.00, and if the trading in a window ran heavily toward the side that ended up winning, payouts are scaled down pro-rata so the window pays out exactly what it holds.
The standard fees apply: a 2% trading fee when your order executes, and a 0.50% rake taken from what a winner is credited.
Windows that can't be settled
Occasionally the exchange doesn't publish a usable print for a boundary — most often on the thinner pairs. Acepyr waits for the feed rather than guessing, and then:
- If nobody traded the window, it is voided and cleared away.
- If somebody did have a position, it is not auto-voided — it's held for an operator to resolve. Cancelling would be a full refund, and a full refund takes the win away from whoever read the move correctly.
Windows don't stick around
Closed Live windows are cleaned up: once a window is more than an hour old and there are newer windows behind it, it's discarded. Windows that carry any trading history are kept permanently — your settled positions and your record are never swept up by this.
Questions
Email [email protected].
Index markets
A market on a basket of conditions rather than a single event — how counting works, what settles it, and why none are open for trading yet.
The weekly tournament
Free to enter, every week. Trade during the week and you're in — every valid player shares the weekly $ACEPYR pool, with cash prizes beginning soon.