A curve backed
by a book.
$CURVE will launch on a Solana bonding curve and hold its reserve in binary prediction contracts — each one worth exactly $1 if it settles right, and nothing if it doesn't. The curve numbers are the launch venue's, not ours. Once it is live, the reserve and every settlement are public.
It starts on a curve, not an auction.
No presale, no whitelist, no allocation sitting in front of the queue. The first price is the curve's opening market cap, and every buy after it moves the price along a line the contract draws — the same way, at the same time, for everyone.
When the curve fills, the market graduates into a liquidity pool and keeps trading there with real depth behind it. Everything before that is public: the reserve, the buys, the price, the block. The graduation level is a choice out of the venue's three options, not a moving target — it is fixed in the launch config before anyone can buy.
openUsdNot one of these numbers is ours and none is rounded up for effect: they are read from the launch venue's own public endpoints — its economics object and the SDK curve builder behind its launch studio — plus one live launch's mint account on-chain. Sources are listed at the bottom of this page. What this token uses is fixed in the launch configuration, and the configuration is the authority.
The reserve is a book of predictions.
Fee flow doesn't sit in a wallet doing nothing. It buys binary prediction contracts on real events — priced between one cent and ninety-nine cents, each one worth $1 if it settles right. The book is the reserve, and the reserve is on-chain.
Contracts you can read
Every position is a tradable token that lives on Solana. The reserve is whatever the chain says it is at that block — not what a dashboard tells you it is.
The market votes in cents
A YES trading at 72¢ is the market saying 72%. The book buys where it thinks the crowd is wrong, and every one of those calls is published as it fills.
Sellable, then settled
While a market is open, a position can be sold at the current bid. Once it resolves, a winner pays $1 and a loser expires worthless.
Every row above is a placeholder that exists to show the shape of the ledger — column, side, price, size, outcome. No real market title, price or size is claimed here, and none of these are positions the reserve holds. The two formats described (“event question”, “short-duration round”) are the ones the prediction venue itself documents. The real book gets published row by row, with a transaction behind every line, after launch.
Every position ends at a dollar or at zero.
Nothing in the book is marked up by us. A contract's price is what the venue quotes; its value at settlement is $1 or $0, decided by the rules that were written into the market the day it opened. The page shows the composition of the reserve and the venue's own numbers — it never invents a valuation.
A wrong call costs the book what it paid. Nothing is borrowed against the reserve, and no position is ever re-labelled after the fact.
The mechanics on this page are the prediction venue's, described from its own developer and user documentation: contracts priced between a cent and ninety-nine cents, price as implied probability, $1 paid on a winning contract, winning contracts paying the full $1 with no payout fee, and positions sellable before resolution while a market is open.
A market opens with two sides and a price on each. Price is the crowd's probability.
The book buys a side. The fill, the price and the size are public the moment it lands.
Trading closes, the event resolves, and the contract settles at $1 or $0.
Proceeds buy the next position. The ledger updates. Repeat.
What this is not.
A reserve you can read is not the same thing as a promise you can cash. The difference matters, so it goes on the front page rather than in a footer.
Not a redemption
Holding $CURVE gives you no claim on the reserve, no right to redeem it, and no share of it. Backed means held and disclosed — not owed.
Not a yield product
No staking, no APY, no distribution from the book to holders. The reserve buys positions; it does not pay anyone a coupon.
Not a price forecast
The book takes positions on events. Nothing on this page says anything about where $CURVE trades, and nothing here should be read that way.
Not affiliated
$CURVE is not affiliated with, endorsed by or sponsored by the teams behind the curve venue we launch on or the prediction venue we buy through. Both are public infrastructure we build on.
Not advice
Launching on a curve carries the risk of losing everything you put in. Contracts can expire worthless. Events resolve against the crowd all the time.
Not a finished thing
Phase 1 is the curve. The book is built in public after it, position by position, and every step is on-chain from the first one.
Four phases, in this order.
The curve
Launch, revoke, trade at $4,000 opening cap. Config published at go-live.
The first book
The reserve starts buying positions in public. Every fill is published with a link to the chain.
Graduation
The curve fills → DAMM v2 pool. The book keeps buying; settlement keeps landing.
Open ledger
One page listing every position the reserve has ever taken, and what each one settled at.
Phases 2–4 are intent, not fact. Nothing in them is claimed to exist until there is a transaction behind it — the same rule the curve numbers above are held to.
Asked and answered.
What actually backs $CURVE?
A book of binary prediction contracts held by the treasury and published on-chain. Each contract is worth $1 if it settles right and $0 if it doesn't. "Backed" here means held and disclosed — it is not a redemption right and it is not a floor.
Where does the money for the book come from?
The launch allocation and the tax that the curve routes to the project. It buys positions in public, and each position is published as it fills, with a link to the transaction.
What happens when the book is wrong?
The position expires worthless and the reserve is smaller. That is the whole cost — nothing is borrowed against the book, so a wrong call can't cascade past what it paid.
Can the reserve be changed without anyone noticing?
No. Positions, fills and settlements are on-chain; the ledger page reads the chain rather than our word. A position that isn't on-chain isn't in the reserve.
Is there a presale or a team allocation?
No presale. The curve opens at $4,000 mcap and every wallet buys the same way, including ours.
Which chain, and which venues?
Solana. The token launches on the Ember bonding curve (Meteora's dynamic bonding curve infrastructure) and the reserve trades through Jupiter's prediction markets. Both are public infrastructure — see "Not affiliated" above.
Every number on this page, and where it came from.
Nothing here is estimated, and nothing is a projection. These are the venue's own public endpoints — no key, no login — plus one on-chain account read. If a figure on this page ever disagrees with them, they are right and this page is wrong, and it gets fixed the same day.