Path over direction
A coin flip on up or down is a market anyone can make. Holdline asks something harder and pays for it: where the price can travel, and for how long, without leaving the corridor you drew.
Back a corridor on a live price to hold or breach. One backstop settles every side, onchain.
Your read becomes a shape: how far it leans, how much room it gets, how long it runs. Those three set one number, the chance the corridor survives, and that number prices both sides of it. Calling the direction pays nothing here.
One backstop quotes both sides of anything you draw, so a market exists the second you draw it.
Sideline turns every running line into a two-sided market. Same contracts, same backstop, same token.
Reports aggregate across venues and arrive signed. Nobody paints a wick to knock you out of a position.
Your multiplier is the inverse of your side's win probability, less a 3.5% spread printed next to it.
The rest of your balance stays where you put it. No operator can reach it and neither can we.
Settling at the end needs no price report at all, so a feed outage can never trap your funds.
Drag a corridor onto the live price. Back it to keep both rails to the end, or to break one before it gets there. One survival probability prices both sides.
Every rail holds and the whole multiple pays out.
Take the live value any second, less a 4% penalty.
You set the rails, so you carry them. Touch one and hold closes at zero.
Fees sit beside the odds, never inside them. The profit fee only touches the part of a payout above your stake.
Your own book is one thing. Everyone else's is the other. Back the traders you rate, fade the ones you do not, and read their whole record before you size in.
As the price leans toward a rail, holding gets dearer and breaching gets cheaper. Both sides move off the same number, so they can never drift apart.
Open the bookOne backstop, one token, one ledger. Every product on these rails is a new front end on the same core, and every position opens and settles in $HOLD.
Fund a balance, shape a line, ride it or close it early. Every step is priced in the open.
The published fee on that volume is the venue's only revenue, and it routes back in.
Payouts are denominated in $HOLD, so a stronger token raises what one position can win.
Stake to back settlement and take a share of real fees. Staked supply sits out of circulation.
The backstop allocation never reaches the market. It is collateral behind payouts, and a timelock holds it. No team tokens release at launch.
$HOLD launches on Robinhood Chain. The address publishes here and in the docs the moment the token generation event closes, with a block explorer link beside it.