Frequently Asked Questions

When you mint an NFT on Speculax, our AccountNFT.sol smart contract deploys a unique ERC-721 entity associated with a starting virtual balance (e.g., $10,000). This NFT encapsulates the execution rights for simulated trades on our platform. All performance (PnL) is cryptographically recorded and synchronized with our highly available off-chain database.

Speculax uses the Polymarket API to fetch real-time order books and resolution states for prediction markets. When a user takes a position on Speculax, their 'Live Balance' is adjusted according to the real odds. The final resolution depends directly on the verdict rendered by the UMA oracle on the original Polymarket market.

Our economic model is based on two types of transparent fees collected in native USDC: a Minting fee set at 1% of the initial virtual trading balance (e.g., 100 USDC for a $10,000 account), and a 2% commission automatically collected by Marketplace.sol upon the resale of an NFT account on the secondary market.

Absolutely. The on-chain architecture of Speculax was designed for programmatic trading. Autonomous agent developers can use the official ABIs provided in our developer space to scan marketplace listings, evaluate the historical Equity Curve stored in Supabase, and execute buy or sell orders for NFTs via routing contracts.

To ensure the integrity of track records, our rulesEngine.ts applies a strict maximum allowable loss rule. If the combined value of your positions and your virtual balance falls below the critical threshold specified at minting, the account is instantly liquidated (its balance drops to zero) and loses all resale value, thereby protecting future buyers.

Choosing the Polygon Mainnet ensures near-instantaneous transactions with negligible gas fees for our users. We use Circle's native USDC (not the bridged version) to eliminate vulnerability risks associated with cross-chain bridges and guarantee maximum exit liquidity.