# Introduction
Source: https://docs.tradebetter.app/api-reference/introduction
Status of BETTER developer surfaces and what is planned next.
## Status
BETTER does not have a public, complete developer API reference yet.
As of 6 March 2026, BETTER's live focus is the Terminal closed beta rather than a public developer platform.
## What is planned later
Future developer documentation may include:
* Terminal and vault telemetry once those surfaces stabilize
* strategy and signal metadata where BETTER decides it can be exposed safely
* on-chain indexing guidance
* future documentation for BETTER's planned prediction-market model distribution through OpenRouter
## What to use for now
Until a public API reference is published, use:
* the BETTER app for current product behavior
* on-chain data for verifiable contract-level activity
## Integration requests
If you have an integration request, reach out through BETTER's official **X** or **Telegram** channels listed in the docs footer.
## Scope note
When the BETTER developer surface goes live, it will be documented separately from BETTER's future OpenRouter model distribution so builders can clearly tell the difference between product telemetry and model-access products.
# Glossary
Source: https://docs.tradebetter.app/glossary
Key BETTER and prediction market terms in plain English.
## Core market terms
| Term | Definition |
| --------------------- | -------------------------------------------------------------------------------------------------------------------------------------------- |
| **Prediction market** | A market where contracts settle based on a real-world outcome such as an election, sports result, or economic release. |
| **Polymarket** | The current venue BETTER focuses on. It runs on Polygon and uses a central limit order book. |
| **Kalshi** | A regulated prediction market platform in the United States. Mentioned in BETTER docs as a planned future integration, not a live one today. |
| **Opinion.xyz** | A prediction market protocol mentioned as a planned future integration. |
| **CLOB** | Central Limit Order Book. The market structure where bids and asks sit in an order book until matched. |
| **Oracle** | The mechanism that decides how a prediction market resolves once the real-world outcome is known. |
| **Settlement** | The process of turning a resolved market outcome into final balances or payouts. |
| **Alpha decay** | The idea that a trading edge fades quickly once more participants see the same information. |
| **Slippage** | The difference between the expected trade price and the actual fill price. |
| **Notional value** | The dollar value of a trade size. BETTER uses this term when describing Lite Mode copy-trade fees. |
## BETTER product terms
| Term | Definition |
| ----------------- | ----------------------------------------------------------------------------------------------------------------------------------------------- |
| **BETTER** | A token-gated access layer for prediction-market trading. Today the live product is the Terminal closed beta. |
| **Terminal** | BETTER's live closed beta interface for Polymarket signal discovery, signal context, and one/two-click copy trading. |
| **Copy trade** | A one/two-click trade that replicates a supported signal surfaced inside the Terminal. Copy trades do not guarantee equal fills. |
| **Closed beta** | A live but limited release. BETTER's Terminal is live in closed beta; vaults are not live yet. |
| **Vault** | A planned BETTER product where user capital is pooled and traded automatically. The first vault is still in progress. |
| **`vBETTER`** | A planned receipt token for a future BETTER vault. BETTER may use separate receipt tokens for different vaults. |
| **Source chain** | The chain the user starts funding from. BETTER currently supports Ethereum mainnet and Base mainnet. |
| **USDC.e** | The Polygon form of USDC that becomes usable for Polymarket trading after BETTER routes a deposit through the funding flow. |
| **Sponsored gas** | Trade placement gas that is paid by the trading venue rather than directly by the user. BETTER Terminal trades are gas-sponsored by Polymarket. |
## Access and account terms
| Term | Definition |
| ------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **`$BETTER`** | The BETTER token used to gate Terminal access today and future vault access later. |
| **Access gate** | The minimum amount of `$BETTER` required to use BETTER products. BETTER checks this per wallet and per session. |
| **Ratchet gate** | BETTER's rule that lowers access thresholds permanently as new fully diluted valuation all-time highs are reached. Once the gate ratchets down, it does not move back up later. |
| **FDV** | Fully diluted valuation. A token price multiplied by the total token supply. |
| **Lite Mode** | An optional Terminal mode that halves the standard Terminal access requirement and charges a 2% fee on the nominal value of each filled copy trade. |
| **Privy** | The login and wallet tooling BETTER uses for session management and access checks. |
| **High-water mark** | A fee rule that means BETTER only charges a performance fee on new net profit above the highest value your vault balance has already reached. |
## Funding and infrastructure terms
| Term | Definition |
| ------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **UDA** | Universal Deposit Address. BETTER uses UDA technology powered by Enclave.money so users can fund without manually bridging assets themselves. |
| **Enclave.money** | The infrastructure provider BETTER uses for UDA-based liquidity abstraction and cross-chain fund routing. |
| **Liquidity abstraction** | The process of moving user capital from a source chain into a form that can actually be used where liquidity lives, without forcing the user to bridge manually. |
| **Embedded wallet** | A wallet created or managed inside an application flow instead of only through a browser extension wallet. |
| **Polygon mempool** | The stream of pending Polygon transactions that can be watched for trading signals before final confirmation. |
| **Co-location** | Running infrastructure close to a trading venue's own systems to reduce latency. |
## Strategy and execution terms
| Term | Definition |
| --------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **HFT** | High-frequency trading. Very fast, rules-based trading measured in milliseconds or faster. |
| **Deterministic execution** | A rule-based execution path where the engine follows fixed logic rather than free-form model output. BETTER uses this for HFT-style flows. |
| **BRAID** | **Bounded Reasoning for Autonomous Inference and Decisions.** An OpenServ framework that structures model reasoning into controlled decision steps instead of vague free-form outputs. |
| **OpenServ** | BETTER's GTM partner and incubator. BETTER uses OpenServ's BRAID framework in its longer-timeframe decision layer. |
| **Reasoning DAG** | A structured flow of decision steps used to check whether a trade should proceed. |
| **Insider Score** | BETTER's wallet score for signal quality. It is described as a z-score based on the performance of the top 1,000 Polymarket wallets, then normalized with machine-learning methods. |
| **Fractional Kelly sizing** | A risk-sizing method that uses only a fraction of the full Kelly bet size to reduce risk. |
| **Drawdown (DD)** | The amount of loss from a previous peak. BETTER refers to fixed drawdown tolerance as one of its hard risk controls. |
## Planned vault and ecosystem terms
| Term | Definition |
| ------------------------- | --------------------------------------------------------------------------------------------------------------------------------------- |
| **Enzyme / Enzyme Onyx** | A widely used audited vault framework BETTER plans to use for future vault accounting and receipt-token infrastructure. |
| **Batched withdrawal** | A withdrawal model where exits are processed in grouped windows instead of at any moment. BETTER plans to start future vaults this way. |
| **Partial withdrawal** | Redeeming only part of a position. BETTER does not plan to support this in its initial vault launch. |
| **B2B ingestion product** | A planned BETTER business line for selling prediction-market data ingestion or telemetry infrastructure. |
| **OpenRouter credits** | A planned revenue line tied to BETTER's future prediction-market model distribution through OpenRouter. |
| **`$TRUTH-PERP`** | A longer-term planned product described as a synthetic index for prediction-market exposure. |
| **HIP-3** | The Hyperliquid Growth Protocol path referenced in BETTER's longer-term `$TRUTH-PERP` vision. |
# Introduction
Source: https://docs.tradebetter.app/index
BETTER is a token-gated access layer for prediction-market alpha. Today the Terminal is live in closed beta for Polymarket copy trading; vaults and vBETTER are still in progress.
## What BETTER is
BETTER is a token-gated access layer for prediction-market trading.
Today, BETTER gives closed beta users access to a live Terminal for discovering and copying statistically strong Polymarket signals. Over time, the same access layer expands into automated vaults and transferable vault receipts.
**Status as of 6 March 2026**
* **Live now:** Terminal closed beta for Polymarket signal discovery and one/two-click copy trading
* **In progress:** the first BETTER vault, `vBETTER` receipt tokens, and B2B products
* **Planned later:** Kalshi and Opinion integrations
## Who it is for
* **Active traders** who want live signal context and faster copy-trading workflows
* **Future vault depositors** who want automated exposure once vaults go live
* **Future builders/integrators** who want telemetry and indexing once the developer surface is published
## In plain English
BETTER is designed to let users fund from supported chains, route that capital into prediction-market-ready funds, and trade or copy trade inside a token-gated Terminal without manually bridging assets themselves.
## What is live today
| Component | Status | What it does |
| ----------------- | ------------------- | -------------------------------------------------------------------------------------------- |
| **Terminal** | Live in closed beta | Shows live Polymarket signals, context, and one/two-click copy trading |
| **Funding flow** | Live in closed beta | Routes user funding through UDA technology powered by Enclave so funds are usable on Polygon |
| **Access gating** | Live | Uses `$BETTER` holdings or qualifying stake to unlock the Terminal |
| **Vaults** | In progress | Planned fixed-term vaults for automated strategy execution |
| **`vBETTER`** | Planned | Planned receipt tokens for future vault positions |
## How it works at a glance
| Step | What happens |
| ------------- | ----------------------------------------------------------------------------------- |
| **1. Log in** | Privy checks whether the wallet meets the current `$BETTER` access requirement |
| **2. Fund** | The user funds from a supported source chain using a UDA without manually bridging |
| **3. Route** | Funds are made usable as `USDC.e` on Polygon for Polymarket trading |
| **4. Trade** | The Terminal surfaces signal context and lets users place gas-sponsored copy trades |
| **5. Expand** | Future vaults use the same access layer for automated strategies |
## Current availability
* **Funding chains today:** Ethereum mainnet and Base mainnet
* **Execution venue today:** Polymarket on Polygon
* **Wallets:** Rabby, MetaMask, Phantom, Brave Wallet, and WalletConnect-compatible wallets
* **Gas:** users need gas on the source chain; Terminal trades themselves are gas-sponsored
* **Access source of truth:** the docs and the app
* **KYC:** not currently required for Terminal access
Copy trades do not guarantee equal fills, equal timing, or equal performance.
See [Risks & disclaimers](/legal/risks) before funding or trading.
Thesis, product status, and system design in one place.
Log in, fund the Terminal, and place your first copy trade.
UDA funding, signal processing, and execution flow.
Supply, access bands, taxes, and future value flow.
What is shipped, in progress, and planned next.
# Risks & disclaimers
Source: https://docs.tradebetter.app/legal/risks
Important risks and status notes to understand before using BETTER.
## Not financial advice
Nothing in these docs is investment, legal, or tax advice. You are responsible for your own decisions.
## Current product status
As of 6 March 2026:
* the **Terminal** is live in closed beta
* **Vaults** are not live yet
* **`vBETTER`** is not live yet
* Kalshi, Opinion, B2B products, and OpenRouter distribution are still planned or in progress
Product mechanics, thresholds, timelines, and integrations can change.
## Trading and copy-trading risks
* **Market risk:** prediction markets can move against you quickly.
* **Slippage risk:** the price you see is not always the price you get.
* **Copy-trade mismatch:** copy trades do **not** guarantee equal fills, equal timing, equal sizing, or equal performance.
* **Execution risk:** fast markets can move before a copied order is filled.
* **Signal risk:** a statistically strong signal can still lose money.
## Settlement and venue risks
* **Oracle risk:** a market can resolve later than expected or be disputed.
* **Settlement delay risk:** market disputes, oracle disputes, or Polygon queues can delay final resolution. In some cases this can take roughly **30 minutes to 2 hours**.
* **Venue dependency:** the current live Terminal flow depends on Polymarket and Polygon infrastructure.
## Funding and infrastructure risks
* **Cross-chain / routing risk:** BETTER uses UDA technology powered by Enclave.money to route capital into Polygon-ready balances. Any routing or integration layer can fail, delay, or behave unexpectedly.
* **Wallet risk:** you are responsible for the wallet you connect and fund from.
* **Source-chain gas risk:** you need gas on the source chain to fund the Terminal.
## Token and access risks
* **Access-gate risk:** access depends on meeting the current `$BETTER` threshold.
* **Session risk:** if you only meet the gate with liquid `$BETTER` and sell below the requirement during a live session, your session can time out.
* **Market risk in `$BETTER`:** the token price can move sharply.
* **Tax / fee interpretation risk:** token trading taxes and Terminal fees are different mechanisms; read the token docs carefully before acting.
## Future vault risks
The first BETTER vault is still in progress. When vaults launch, additional risks will apply, including:
* strategy underperformance
* batched withdrawal timing
* inability to partially withdraw at first launch
* smart contract risk
* operational pause risk if strategies are turned off or funds are made available for withdrawal
BETTER plans to pursue an independent vault audit as quickly as possible once vault infrastructure is ready, but future audits are not the same thing as a guarantee of safety.
## Compliance and availability
* Terminal access currently does **not** require KYC.
* The current closed beta does not use geo-blocking.
* Regulatory requirements can change, and future product availability may change with them.
## Documentation and update policy
These docs describe current product status and intended direction, but they can change.
The app and these docs are the main source of truth for current mechanics. BETTER also communicates important updates through **X** and **Telegram**.
# Mission
Source: https://docs.tradebetter.app/mission
The end of the Casino. The beginning of the Truth.
## The shift
Prediction markets settle on real outcomes, but execution fairness is still shaped by speed. Retail users often arrive after the price has already moved.
## The problem
When new information hits the market, low-latency systems react first. That makes manual trading and slow copy trading much less effective.
## Our mission
BETTER exists to make prediction-market execution easier to access.
Today that means a token-gated Terminal where closed beta users can fund from supported chains, route capital into Polymarket-ready balances, and copy high-alpha signals without manually bridging funds themselves.
Over time, BETTER expands that same access layer into automated vaults and transferable vault receipts.
## Principles
* **Fairer access:** reduce the friction between user capital and usable prediction-market liquidity
* **Transparent context:** show signal reasoning, wallet context, and trade thesis in the Terminal
* **Practical composability:** add planned vault receipts (`vBETTER`) only when the vault product is ready
## How we deliver
* **Token-gated Terminal access** for live Polymarket signal discovery and copy trading
* **UDA technology powered by Enclave.money** so users do not bridge manually
* **OpenServ + BRAID** to support structured decision-making for longer-timeframe opportunities
* **Future vault infrastructure** for users who want automated exposure instead of manual Terminal trading
# How It Works
Source: https://docs.tradebetter.app/product/how-it-works
How BETTER routes funds, scores signals, and executes trades today, plus how future vaults fit in.
## Overview
BETTER has two layers:
1. a **live Terminal closed beta** for Polymarket signal discovery and one/two-click copy trading
2. a **planned vault layer** for automated strategies that is still in progress
This page separates what is live today from what is still being built.
## Live Terminal flow
### 1. Access check
The user logs in and Privy checks whether the connected wallet meets the current `$BETTER` threshold.
* access is checked per wallet and per session
* a qualifying stake still counts for Terminal access
* if a user only qualifies with liquid `$BETTER` and sells below the threshold, the session can time out
### 2. Funding through the UDA flow
The user opens the Wallet tab, chooses a supported source chain, and funds with USDC.
BETTER currently supports:
* Ethereum mainnet
* Base mainnet
BETTER then uses **UDA technology powered by Enclave.money** so the user does not bridge manually.
### 3. Routing into usable trading funds
After the UDA flow completes, the funded balance becomes usable as `USDC.e` on Polygon for Polymarket trading.
This is the practical point of the routing layer: the user starts with USDC on a supported source chain and ends with a balance that can actually be used where current prediction-market liquidity lives.
### 4. Signal ingestion
BETTER's current signal stack is centered on Polymarket.
The live and testing pipeline is focused on:
* Polymarket order-book data
* Polygon mempool activity
* wallet-level trade behavior
Kalshi and Opinion are part of the future roadmap, not the current live product.
### 5. Signal scoring and trade context
BETTER surfaces trade context inside the Terminal so users can decide whether to act.
Key concepts include:
* **Insider Score:** BETTER's score for a wallet's signal quality, described as a z-score based on the top 1,000 Polymarket wallets and normalized with machine-learning methods
* **Liquidity context:** whether there is enough depth to enter without poor fills
* **Correlation context:** whether a trade overlaps too much with existing exposure
### 6. Copy trading
Once a user sees a supported signal, BETTER allows one/two-click copy trading in the Terminal.
Trade placement is gas-sponsored by Polymarket, so the user needs gas to fund from the source chain but not to place each Terminal trade.
Copy trades do not guarantee equal fills, equal timing, or equal performance.
## The decision layer
BETTER does not use one single strategy path for every market.
### Deterministic HFT flow
For high-frequency opportunities, BETTER uses deterministic execution logic built for speed.
This is the part of the system where the HFT engine operates with fixed rules rather than free-form model output.
### BRAID-assisted flow
For longer-timeframe markets, BETTER uses **BRAID** — **Bounded Reasoning for Autonomous Inference and Decisions**.
BRAID is an OpenServ framework that breaks model reasoning into structured decision steps instead of loose text output. In BETTER's stack, this is used to help find and structure higher-timeframe opportunities.
OpenServ is BETTER's GTM partner and incubator.
## Hard risk controls
BETTER describes the strategy layer as using hard constraints such as:
* fixed drawdown tolerance
* fractional Kelly bet sizing
* liquidity checks
* exposure checks
These controls matter more than any single signal because they decide whether a trade should actually go live.
## Planned vault flow
The first BETTER vault is still in progress. The current design direction is:
* one initial vault first
* fixed-term and high-risk structure
* deposit windows instead of always-open access
* batched withdrawals
* no partial withdrawals at launch
* future receipt tokens only after the initial vault structure is live
If a strategy is deemed non-profitable, BETTER plans to pause it and make funds available for withdrawal.
## Planned receipt-token design
`vBETTER` is planned as a future receipt-token layer for vaults, not a live product today.
The intended direction is:
* separate receipt tokens for separate vaults if needed
* Polygon-based accounting
* Enzyme Onyx as the accounting layer
## Summary
Today, BETTER is mainly a Polymarket Terminal product with token gating, UDA-based funding, signal context, and copy trading.
Future vaults extend that same stack into automated strategies and receipt tokens once the vault infrastructure is ready.
# Product Overview
Source: https://docs.tradebetter.app/product/overview
What BETTER is today, what is still coming, and how the current user flow works.
## Overview
BETTER is a token-gated access layer for prediction-market trading.
Today, the live product is the **Terminal closed beta** for Polymarket signal discovery and one/two-click copy trading. Future vaults use the same access layer for automated strategies.
As of 6 March 2026, the Terminal is live in closed beta. Vaults and `vBETTER` are still in progress.
## Who uses BETTER
* **Active users today:** traders who want live signal context and fast copy-trading tools
* **Future passive users:** depositors who want automated vault exposure once vaults launch
## The current live flow
| Step | What happens |
| ------------- | -------------------------------------------------------------------------------------------- |
| **1. Access** | The user logs in and Privy checks whether the wallet meets the current `$BETTER` requirement |
| **2. Fund** | The user selects a supported source chain and funds through a UDA powered by Enclave.money |
| **3. Route** | Funds become usable as `USDC.e` on Polygon for Polymarket trading |
| **4. Trade** | The Terminal shows signal context and allows one/two-click copy trading |
| **5. Expand** | Future vaults use the same gating and funding foundation for automated strategies |
## Live now vs planned
| Component | Status | Function |
| ------------------- | ------------------- | ----------------------------------------------------------------------- |
| **Terminal** | Live in closed beta | Signal discovery, signal context, and copy trading |
| **Funding via UDA** | Live in closed beta | Routes funding from supported source chains into Polygon-ready balances |
| **Access gating** | Live | Checks `$BETTER` holdings or qualifying stake per wallet and session |
| **Vaults** | In progress | Planned automated strategies with fixed-term launch structure |
| **`vBETTER`** | Planned | Planned receipt tokens for future vault positions |
## Supported flow today
* **Funding chains:** Ethereum mainnet and Base mainnet
* **Execution venue:** Polymarket on Polygon
* **Wallets:** Rabby, MetaMask, Phantom, Brave Wallet, and WalletConnect-compatible wallets
* **Gas:** users need gas on the source chain to fund; Terminal trade placement is gas-sponsored by Polymarket
## Access and staking
* The Terminal is gated by `$BETTER`
* Future vaults will require staking the same qualifying amount
* If a user has already staked that qualifying amount for vault access, that same stake still counts for Terminal access
## Why BETTER exists
BETTER is built around a simple idea: prediction markets may settle on facts, but execution still favors users who can move quickly and manage cross-chain friction. BETTER tries to reduce that friction by combining token-gated access, funding infrastructure, signal context, and faster trade execution in one flow.
Copy trades do not guarantee equal fills, equal timing, or equal performance.
For the detailed funding, signal, and execution flow, see [How It Works](/product/how-it-works).
# Terminal
Source: https://docs.tradebetter.app/product/terminal
What is live in BETTER today: closed beta Polymarket signals, context, and one/two-click copy trading.
## Overview
The Terminal is BETTER's live product today.
It is a closed beta interface for discovering high-alpha Polymarket signals, reviewing the context behind those signals, and placing one/two-click copy trades.
As of 6 March 2026, the Terminal is live in closed beta. Vaults and `vBETTER` are not live yet.
## What you can do today
* view live signal context for Polymarket opportunities
* review wallet-level signal scoring and market context
* place one/two-click copy trades
* monitor position and market state inside the Terminal
## Funding flow
1. Log in and pass the current `$BETTER` access check
2. Open the **Wallet** tab
3. Choose a supported source chain
4. Fund with USDC through the UDA flow powered by Enclave.money
5. Trade with balances that become usable as `USDC.e` on Polygon
BETTER currently supports funding from **Ethereum mainnet** and **Base mainnet**.
## Trade flow
* users need gas on the source chain to fund the Terminal
* Terminal trade placement itself is gas-sponsored by Polymarket
* copy trading means one/two-click replication of supported signals
## Data surfaces
* **Signal feed:** the live stream of supported opportunities
* **Signal context:** wallet score, liquidity context, and trade thesis
* **Trade flow:** the actions the user can place from the Terminal itself
## Access requirements
Terminal access is gated by `$BETTER`.
* a qualifying stake still counts for Terminal access
* access is checked per wallet and per session
* if a user only qualifies with liquid `$BETTER` and sells below the threshold during a session, the session can time out
See [Tokenomics](/token/tokenomics) for the current threshold bands.
## Lite Mode
Lite Mode is an optional Terminal-only mode.
* it halves the standard Terminal access requirement
* it does **not** change future vault requirements
* it charges a **2% fee on the nominal value of each filled Terminal copy trade**
* the fee is charged per fill, not at market resolution
## Current access and compliance notes
* Terminal access currently does **not** require KYC
* the current closed beta does not use geo-blocking
* the docs and the app are the source of truth for the current gate
## Important caveats
Copy trades do not guarantee equal fills, equal timing, or equal performance.
Market disputes, oracle disputes, or Polygon queues can also delay final market resolution. In some cases this can take roughly **30 minutes to 2 hours**.
## When to use the Terminal
Use the Terminal if you want live trade context and a faster copy-trading workflow today.
Use future vaults, once live, if you want BETTER to manage the execution for you instead.
# Vaults
Source: https://docs.tradebetter.app/product/vaults
How BETTER plans to launch vaults, including fees, windows, and future receipt tokens.
## Status
BETTER Vaults are **not live yet**. The first vault is still targeted for Q1 2026 and is being designed as an initial fixed-term, high-risk launch.
## What the first vault is planned to be
BETTER's first vault is planned as a pooled strategy product where users stake the required `$BETTER`, deposit funds during a deposit window, and let the strategy trade automatically.
The current launch direction is:
* one vault first
* fixed-term structure
* high-risk profile
* Polymarket-first execution
* batched withdrawals
* no partial withdrawals at launch
## Planned access flow
1. Meet the current `$BETTER` requirement
2. Stake the qualifying amount to enable future vault access
3. Deposit during the vault's deposit window
4. Track performance in the BETTER app
5. Withdraw when the vault's withdrawal window opens
If a user has already staked the qualifying amount for a future vault, that same stake still counts for Terminal access.
## Planned deposit rules
* **Minimum deposit:** no minimum is planned for the first vault
* **Deposit timing:** initial vaults are expected to use deposit windows rather than always-open deposits
* **Funding asset:** the product is designed around stablecoin funding routed into usable prediction-market balances
## Planned withdrawals
The first vaults are expected to use batched or queued withdrawals.
At launch:
* users are expected to withdraw all at once based on their share of vault AUM
* partial withdrawals are **not** planned at first
* more flexible withdrawal behavior is intended later alongside future receipt tokens
## Performance fee
BETTER plans to charge a **20% performance fee on profit only**, taken once at withdrawal.
The intended fee basis is a **wallet-level high-water mark**.
In plain English, that means BETTER only charges on new net profit above the highest value your vault position has already reached.
### Simple example
If you deposit **$1,000**, later withdraw **$1,100**, and that is above your wallet's previous peak value, the fee applies only to the **\$100 profit**, not to the full withdrawal amount.
If you withdraw below your high-water mark, no performance fee is due.
## Staking lock
For the initial vault design, the qualifying staked `$BETTER` is expected to remain locked until the user fully exits the vault.
No partial unlock is planned at first because partial withdrawals are not planned at first.
## Strategy controls
BETTER describes the planned vault strategy layer as using hard controls such as:
* fixed drawdown tolerance
* fractional Kelly sizing
* liquidity and exposure checks
* strategy pause behavior if a strategy is deemed non-profitable
If a strategy is paused, BETTER intends to make user funds available for withdrawal as quickly as possible under the vault's rules.
## Planned receipt tokens
`vBETTER` is planned as a later layer for future vaults, not part of the first vault launch.
The direction today is:
* vault-specific receipt tokens where needed
* Polygon-based accounting
* Enzyme Onyx as the accounting layer
## Audit status
BETTER plans to pursue an independent Web3 security audit for vault contracts as quickly as possible once the vault infrastructure is ready.
Future vault mechanics can still change before launch. Always verify the current flow in the app and the docs before depositing once vaults go live.
# Get Started
Source: https://docs.tradebetter.app/quickstart
Use the BETTER Terminal in closed beta and understand how future vault access will work.
## Current status
**Live now:** the BETTER Terminal is running as a closed beta for Polymarket signal discovery and one/two-click copy trading.
**Not live yet:** Vaults and `vBETTER` are still in progress as of 6 March 2026.
## Prerequisites
* A compatible wallet: Rabby, MetaMask, Phantom, Brave Wallet, or WalletConnect
* Enough `$BETTER` to meet the current access threshold
* USDC plus gas on a supported source chain (**Ethereum mainnet** or **Base mainnet** today)
* Ability to sign from the wallet you want to fund with
* No manual bridge is required
## Terminal quickstart (live now)
Connect your wallet. Privy checks the wallet and current session against the active `$BETTER` requirement.
If your `$BETTER` is already staked for future vault access, that same qualifying stake still counts for Terminal access.
Inside the app, go to the **Wallet** tab and choose your source chain.
BETTER currently supports funding from **Ethereum mainnet** and **Base mainnet**.
Enter the USDC notional you want to fund and either:
* send USDC to the Universal Deposit Address (UDA) provided by Enclave.money, or
* sign the transaction directly from your hot wallet
BETTER handles the routing for you. You do **not** bridge manually.
After the UDA flow completes, the funds become usable as `USDC.e` on Polygon for Polymarket trading.
You need gas on the source chain to fund the Terminal, but Terminal trade placement itself is gas-sponsored by Polymarket.
Use the Terminal to inspect signal context, wallet scores, and trade thesis before acting.
BETTER copy trading is a one/two-click replication flow for supported signals.
Lite Mode, when enabled, halves the Terminal access requirement and charges a **2% fee on the nominal value of each filled Terminal copy trade**.
Markets still settle on Polymarket timelines.
Oracle disputes, market disputes, or Polygon queues can delay final resolution. In some cases this can take roughly **30 minutes to 2 hours**.
## Important access notes
* BETTER checks access per wallet and per user session
* If you only meet the requirement with liquid `$BETTER` and sell below the threshold during a session, your session can time out
* The docs and the app are the source of truth for the current gate
* Terminal access currently does **not** require KYC
Copy trades do not guarantee equal fills, equal timing, or equal performance.
## Vault flow (coming soon)
The first BETTER vault is still targeted for Q1 2026. The launch design is currently:
* one initial vault first
* fixed-term and high-risk structure
* deposit windows instead of always-open deposits
* batched withdrawals
* no partial withdrawals at the start
* `vBETTER` receipt tokens planned later, not at first launch
## Verify
* Your Terminal balance reflects the funded amount routed into Polygon-ready trading funds
* The Terminal shows live signals and lets you place copy trades
## Next steps
UDA funding, signals, and execution flow.
What is live today and how copy trading works.
Access, taxes, and how staking fits into the product.
Key risks, settlement caveats, and product disclaimers.
# Roadmap
Source: https://docs.tradebetter.app/roadmap
What is shipped, what is in progress, and what BETTER plans to release next.
Roadmap dates are soft targets and can change when needed.
As of 6 March 2026, the **Terminal closed beta** is the only BETTER product that is live today.
## Shipped
| Date | Milestone | Status |
| --------------- | --------------------------------------------------------------------------------- | ------- |
| 21 January 2026 | `$BETTER` token generation event on Base | Shipped |
| Q1 2026 | Token-gated Terminal closed beta | Live |
| Q1 2026 | UDA funding flow from supported source chains into Polygon-ready trading balances | Live |
| Q1 2026 | One/two-click Polymarket copy trading inside the Terminal | Live |
## In progress
### First BETTER vault
The first vault is still targeted for **Q1 2026**. The current launch direction is:
* one initial vault first
* fixed-term and high-risk structure
* deposit windows rather than always-open deposits
* batched withdrawals
* no partial withdrawals at first launch
* Polymarket-first execution before broader venue expansion
### Vault infrastructure and safeguards
* staking-enabled vault access for qualifying `$BETTER` holders
* fixed drawdown tolerance and fractional Kelly sizing in the strategy layer
* independent vault audit work as soon as practical before or around launch
## Planned next
### Planned vault expansion
* `vBETTER` receipt tokens for future vaults
* more specialized vaults over time, including market-type strategies such as sports, weather, and politics
* future receipt-token liquidity and transferability once the vault product is stable
### Planned market expansion
* Kalshi integration
* Opinion integration
### Planned business lines
* business-to-business prediction-market data ingestion products
* an in-house open-source prediction-market model distributed through OpenRouter API credits
### Longer-term vision
* arbitrage flywheel around future receipt-token markets
* `$TRUTH-PERP` on Hyperliquid as a later-stage product
## Access ratchet milestones
BETTER uses a permanent ratchet system for access thresholds.
When a new fully diluted valuation all-time high is reached, the lower threshold becomes the new permanent threshold and does **not** move back up later if FDV falls.
| FDV band | Standard Terminal | Lite Mode | Future Vault stake |
| -------------- | ----------------: | ---------------: | -----------------: |
| Below \$10M | 100,000 `$BETTER` | 50,000 `$BETTER` | 100,000 `$BETTER` |
| $10M – $20M | 75,000 `$BETTER` | 37,500 `$BETTER` | 75,000 `$BETTER` |
| $20M – $100M | 50,000 `$BETTER` | 25,000 `$BETTER` | 50,000 `$BETTER` |
| \$100M or more | 10,000 `$BETTER` | 5,000 `$BETTER` | 10,000 `$BETTER` |
## How to read this roadmap
* **Shipped** means live now
* **In progress** means actively being built or prepared
* **Planned** means intended direction, not yet live
# $BETTER Token
Source: https://docs.tradebetter.app/token/better-token
What `$BETTER` does today, what it is planned to do next, and how taxes and access work.
## What `$BETTER` is
`$BETTER` is the access token for the BETTER ecosystem.
Today, its main live function is to unlock the BETTER Terminal. In the future, the same token also enables access to BETTER vaults.
## Live utility today
### Terminal access
* the Terminal is gated by `$BETTER`
* access is checked per wallet and per session
* thresholds vary by fully diluted valuation band
* Lite Mode can reduce the standard Terminal requirement
### Stake still counts
If a user has already staked the qualifying `$BETTER` amount for future vault access, that same stake still counts for Terminal access.
## Planned utility next
When vaults launch, BETTER plans to require users to stake the qualifying `$BETTER` amount to deposit into those vaults.
This is meant to keep the Terminal and future vaults under one shared access layer.
## Token trading taxes
BETTER uses a **2% buy tax** and **2% sell tax** for interaction with the Aerodrome `$BETTER/WETH` liquidity pool.
Important clarifications:
* this is a liquidity-pool trading tax, not a simple wallet-to-wallet transfer tax
* the tax is implemented in the token flow for that LP interaction
* the Terminal's Lite Mode fee is a separate mechanism
## Treasury and burn policy
* LP tax proceeds are split between BETTER and OpenServ development wallets
* treasury spending is currently a majority team decision
* BETTER may perform discretionary, rule-based market buybacks and send bought tokens to a burn wallet
Buybacks and burns are not guaranteed, are not automated in every case, and should not be read as a promise of price support.
## Future value flow (planned, not live)
BETTER describes several future revenue lines and strategy profits that may later support discretionary buybacks or burns once those products exist, including:
* future vault performance fees
* future business-to-business data products
* future OpenRouter credits for BETTER's planned prediction-market model
* future arbitrage around `vBETTER` and other later products
These are future lines, not the current live product set today.
## Launch details
* **Network:** Base
* **TGE:** 21 January 2026
* **Contract address (Base):** `0x396FfAd9469e3d3E3fc4061B79accE2Ad0Ce4B9E`
* **Current source of truth:** the docs, the app, and official BETTER announcements
The `$BETTER` contract was redeployed on Base on 10 March 2026. The current and only valid contract address is `0x396FfAd9469e3d3E3fc4061B79accE2Ad0Ce4B9E`. Do not interact with any other contract address.
## Vesting overview
* **Team (20%)**: 15-month vesting with a 6-month cliff, then 9-month linear unlock
* **Treasury (25%)**: 12-month linear unlock from the token generation event
See [Tokenomics](/token/tokenomics) for supply, access bands, taxes, and allocation details.
# Tokenomics
Source: https://docs.tradebetter.app/token/tokenomics
Supply, allocations, access bands, taxes, and planned future value flow.
## Token summary
* **Ticker:** `$BETTER`
* **Network:** Base
* **Contract address (Base):** `0x396FfAd9469e3d3E3fc4061B79accE2Ad0Ce4B9E`
* **Total supply:** 709,001,939 (reduced from 1,000,000,000 via bonding curve burn)
* **TGE:** 21 January 2026
The `$BETTER` contract was redeployed on Base on 10 March 2026. The current and only valid contract address is `0x396FfAd9469e3d3E3fc4061B79accE2Ad0Ce4B9E`. Do not interact with any other contract address.
## Allocation
| Allocation | Amount | Vesting / lock-up |
| ------------------------------------------ | ----------: | ----------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Public sale + liquidity (Base BETTER/WETH) | 124,668,904 | Public sale unlocked at TGE; liquidity deployed to the Base BETTER/WETH pool with LP tokens locked permanently; remaining supply burned post bonding curve launch |
| Team (`0x775E`) | 200,000,000 | 15-month vesting with a 6-month cliff, then 9-month linear unlock |
| Treasury (`0x664f`) | 234,333,035 | 12-month linear unlock from TGE |
| OpenServ SERV token drop (`0x1aBd`) | 50,000,000 | Unlocked (claimed by SERV token stakers via tasks) |
| Programmatic funding (`0x4777`) | 100,000,000 | Released across fully diluted valuation bands |
Estimated circulating supply is approximately **121,112,384** tokens (public sale plus liquidity allocation, net of team, treasury, OpenServ, and programmatic funding wallets). 290,998,061 tokens were burned during the bonding curve launch, reducing total supply from 1,000,000,000 to 709,001,939.
## Access gate
BETTER uses a token-denominated access gate.
### Key rules
* Terminal access is unlocked by holding the required `$BETTER` amount **or** by already having the qualifying amount staked for future vault access
* access is checked per wallet and per user session
* if a user only qualifies with liquid `$BETTER` and sells below the requirement during a session, the session can time out
* once BETTER reaches a new fully diluted valuation all-time high, the lower threshold becomes the new permanent threshold and does **not** move back up later if FDV falls
### Current bands
| FDV band | Standard Terminal | Lite Mode | Future Vault stake |
| -------------- | ----------------: | ---------------: | -----------------: |
| Below \$10M | 100,000 `$BETTER` | 50,000 `$BETTER` | 100,000 `$BETTER` |
| $10M – $20M | 75,000 `$BETTER` | 37,500 `$BETTER` | 75,000 `$BETTER` |
| $20M – $100M | 50,000 `$BETTER` | 25,000 `$BETTER` | 50,000 `$BETTER` |
| \$100M or more | 10,000 `$BETTER` | 5,000 `$BETTER` | 10,000 `$BETTER` |
### Worked example
If a user bought enough `$BETTER` to qualify at a higher threshold and BETTER later hits a new FDV all-time high that permanently lowers the gate, that user can reduce their token exposure to the new threshold and still keep access.
## Lite Mode
Lite Mode is a Terminal-only option.
* it halves the standard Terminal access requirement
* it does not change future vault stake requirements
* it charges a **2% fee on the nominal value of each filled Terminal copy trade**
* the fee is charged per fill, not at market resolution
## Vault fee overview
The planned BETTER vault design uses a **20% performance fee on profit only**, charged once at withdrawal.
BETTER describes this as using a wallet-level **high-water mark**, which means the fee only applies to new net profit above the highest value that wallet's vault position has previously reached.
## Trading taxes
BETTER uses a **2% buy tax** and **2% sell tax** for interaction with the Aerodrome `$BETTER/WETH` liquidity pool.
Important clarifications:
* this is not a simple wallet-to-wallet transfer tax
* it is separate from Lite Mode fees
* LP tax proceeds are split between BETTER and OpenServ development wallets
## Treasury, burns, and value flow
BETTER may perform discretionary, rule-based market buybacks and transfer bought tokens to a burn wallet.
Current treasury spending is described as a majority team decision.
Buybacks and burns are not guaranteed and should not be interpreted as a promise of price support.
## Planned future value lines
BETTER describes several future products that may later contribute to discretionary treasury actions once those products are live, including:
* future vault performance fees
* future B2B data ingestion products
* future OpenRouter credit sales
* future arbitrage around `vBETTER` and other later products
Those products are part of BETTER's intended direction, not the current live product set as of 6 March 2026.
## Programmatic funding
BETTER's programmatic funding schedule is intended to support infrastructure, hardware, and future model distribution work.
| FDV range | Sold | Raise | Cumulative |
| ------------ | ---: | ----------: | ----------: |
| $1M – $5M | 2% | \$60,000 | \$60,000 |
| $5M – $10M | 2% | \$150,000 | \$210,000 |
| $10M – $20M | 2% | \$300,000 | \$510,000 |
| $20M – $50M | 2% | \$700,000 | \$1,210,000 |
| $50M – $100M | 2% | \$1,500,000 | \$2,710,000 |
## Update policy
The docs and the app are the main source of truth for current token mechanics.
Thresholds, product availability, and future revenue lines can change with market conditions or product development.
# vBETTER
Source: https://docs.tradebetter.app/token/vbetter
The planned receipt-token layer for future BETTER vaults.
## Status
`vBETTER` is **planned**, not live today.
## What `vBETTER` is planned to be
`vBETTER` is the name BETTER uses for future vault receipt tokens.
The current direction is that a receipt token represents a share of a specific BETTER vault. If BETTER launches more than one vault, that can mean separate receipt tokens for separate vaults.
## What one token is meant to represent
The intended design is that one receipt token represents one net share of a specific vault after the vault's shares are created.
In practical terms, it is meant to be the transferable accounting layer for a future vault position.
## Planned issuance flow
BETTER's current direction is:
1. users stake the qualifying `$BETTER` amount and deposit into a future vault
2. once deposits are finalized, the vault share structure is created
3. the vault's receipt token is minted automatically
BETTER may use names such as `vBETTER1`, `vBETTER2`, and so on if different vaults need separate receipt tokens.
## Planned redemption flow
The current description is that receipt tokens are redeemed when a user fully exits the related vault position and unstakes the qualifying BETTER.
BETTER does not plan to support partial withdrawals in the initial vault launch, so the first receipt-token design is expected to follow that same full-exit logic.
## Accounting layer
BETTER plans to use **Enzyme Onyx** as the accounting layer for future vault receipt-token infrastructure.
The intended accounting direction is:
* Polygon-based accounting
* accounting updates tracked block by block
* automated mint and burn tied to the vault's share accounting
## Why BETTER wants receipt tokens later
Receipt tokens are planned so future vault exposure can become:
* easier to transfer
* easier to account for on-chain
* more compatible with future liquidity or DeFi integrations
## Pricing and secondary markets
`vBETTER` is expected to trade in the market once live, which means it can trade above or below the implied value of the vault it represents.
The exact premium/discount controls, arbitrage behavior, and secondary-market safeguards are still being finalized closer to launch.
## Availability
BETTER plans to add receipt tokens after the initial vault infrastructure is live and stable.
Do not treat `vBETTER` as live today. The exact mint, redemption, and pricing mechanics can still change before launch.
# Whitepaper
Source: https://docs.tradebetter.app/whitepaper
The End of the Casino. The Beginning of the Truth. — BETTER's full market thesis, system architecture, product design, and token mechanics.
This whitepaper combines BETTER's market thesis, research basis, system design, current product status, and planned roadmap in a single document.
**Status as of 6 March 2026:** the Terminal closed beta is live. Vaults, `vBETTER`, Kalshi and Opinion integrations, B2B products, and OpenRouter distribution are still in progress or planned. All product details, dates, and mechanics in this document reflect the current authoritative state of the BETTER docs and app.
All monetary amounts are denominated in United States dollars unless stated otherwise. Nothing in this whitepaper constitutes investment, legal, or tax advice.
***
## Executive Summary
The cryptocurrency market is undergoing its most significant structural transformation since the DeFi Summer of 2020. For the past half-decade, the dominant paradigm for retail capital has been the perpetual futures contract — a derivative instrument that provided leverage but decoupled price action from fundamental settlement. That era, characterized by high leverage, opaque order books, and adversarially designed market making, is drawing to a close. We call it the end of the Casino.
In its place, a new paradigm is emerging: the Era of Truth. This is defined by the migration of capital toward prediction markets — platforms like Polymarket — where settlement is determined not by the whims of a liquidation engine but by verifiable, real-world facts. However, this migration has exposed a secondary crisis. While the settlement venue has changed, the structural disadvantages plaguing the retail participant have not only persisted but intensified. Retail users still lose to latency, cross-chain friction, slow copy trading, and weaker decision support.
BETTER is built around that gap.
BETTER is a token-gated access layer for prediction-market alpha. Today, the live product is the Terminal closed beta: a signal-discovery and one/two-click Polymarket copy-trading interface that funds from supported chains without requiring manual bridging, routes capital into prediction-market-ready balances on Polygon, and surfaces high-signal wallet context inside a single product surface. The longer-term vision extends the same access layer into automated vaults and transferable vault receipts, positioning `$BETTER` holders to passively access the high-frequency strategies previously reserved for institutional operators.
The market thesis rests on a structural observation, not a cyclical one: most retail users do not lose in prediction markets because outcomes are unknowable. They lose because execution quality, timing, and decision discipline break down first — and because the infrastructure gap between a retail home connection and co-located institutional-grade execution is measured in physics, not skill.
***
## Part I — The Erosion of Trust: Anatomy of the Perpetual Casino
### 1.1 The Illusion of Price Action
To understand why capital is migrating to prediction markets, one must first understand what it is fleeing. For the last five years, retail traders have been participating in a game they were mathematically designed to lose. The venue for this game has been the perpetual futures market, hosted on centralized exchanges such as Binance and OKX and decentralized platforms including Hyperliquid, dYdX, and GMX.
The central promise of the perpetual market is "price action." Retail traders are sold a narrative: if you can correctly read a chart, identify support and resistance, or predict the macro trend of Bitcoin or Solana, you will profit. The belief is that one is playing a game of skill against other traders.
This belief is structurally false. The retail trader is not trading against a peer. In a standard perpetual futures contract, the counterparty to the retail trade is often a designated Market Maker — algorithmic trading desks at firms like Wintermute or Jump Trading, incentivized to provide liquidity. Forensic analysis and regulatory action have revealed that these entities are not merely passive providers of liquidity. They are active extractors of it.
### 1.2 The Mechanics of Liquidity Pulling
The primary mechanism of wealth extraction in perpetual markets is "liquidity pulling." This strategy exploits the transparency of the blockchain in DEX environments or privileged data access in CEX environments to systematically target retail leverage.
The process operates in four distinct phases:
**Phase 1 — The Bait.** The market maker allows the asset price to drift into a technical buy zone. Retail traders, observing bullish chart patterns, enter long positions with leverage of ten to fifty times.
**Phase 2 — The Trap.** The market maker's algorithms scan the order book and open interest to calculate the weighted average liquidation price of the retail cohort. If millions of dollars in long positions will be forcibly liquidated if the asset drops to a specific price, that price becomes the target.
**Phase 3 — The Pull.** In a synchronized microsecond event, the market maker withdraws buy-side liquidity from the order book, removing the floor supporting the asset price.
**Phase 4 — The Harvest.** Simultaneously, a cascade of sell orders is executed. With no buy-side liquidity to absorb them, the price collapses vertically — a flash crash. The price hits the retail liquidation level, triggering stop-losses and forced exits. The market maker then re-enters, buying back the asset at the bottom of the wick.
This cycle explains the "Bart Simpson" chart patterns that plague crypto social media: the price crashes just enough to wipe out the retail position and then immediately recovers. The fundamental value of the asset did not change. The market structure was manipulated to transfer leveraged capital from the retail participant to the market maker.
### 1.3 Regulatory Validation
For years, this analysis was dismissed as conjecture. In late 2024, the United States Department of Justice, FBI, and SEC provided irrefutable confirmation. In a landmark operation, the FBI created a fake cryptocurrency called "NexFundAI" and solicited services from market makers to identify whether they would engage in illegal manipulation.
The results were dispositive. Firms including Gotbit, ZM Quant, and CLS Global were caught on record offering "market manipulation as a service." They explicitly described using algorithms to generate artificial volume through wash trading and to manipulate price action to harvest retail liquidity. Eighteen individuals and entities were charged in the international operation. The SEC separately charged three market makers for manipulation of crypto assets sold as securities.
This regulatory action shattered the remaining legitimacy of the perpetual futures market. Retail traders began to understand that they were not bad traders; they were victims of a structurally rigged system.
### 1.4 Casino Fatigue and the Capital Vacuum
The human impact of this realization is measurable. It has produced a profound casino fatigue. Retail traders are exhausted by being liquidated out of fundamentally correct positions, by the PvP toxicity of a zero-sum environment where failure feels engineered. This fatigue has created a massive demand vacuum for a new venue — a place where the price cannot be wicked. A place where the outcome is anchored to something real.
***
## Part II — The Migration to Truth: The Rise of Prediction Markets
### 2.1 Binary Settlement as a Structural Alternative
The rotation of capital toward prediction markets, led by platforms including Polymarket, is driven by a desire for definitive settlement. Unlike a meme coin or a perpetual contract — where the price is a floating abstraction subject to infinite manipulation — a prediction market contract is anchored to external reality.
This is the core structural difference: **settlement on verifiable facts**.
| Feature | Perpetual Futures (The Casino) | Prediction Markets (The Truth) |
| --------------------- | ---------------------------------------- | ------------------------------------- |
| Settlement mechanism | Internal order book / index price | External oracle (UMA / Reality.eth) |
| Price determination | Supply, demand, and manipulation | Probability of event occurrence |
| Manipulation vector | Wicking, stop hunting, liquidity pulling | None — cannot wick a real-world event |
| Payout structure | Variable, delta-one | Binary: $1.00 or $0.00 |
| Duration | Indefinite (perpetual) | Finite (event expiry) |
| Retail principal risk | Liquidation | Strategy and timing |
A market maker cannot wick the result of a presidential election. They cannot manipulate the outcome of a central bank decision. The settlement is enforced by an optimistic oracle system that relies on verifiable facts. If a trader holds a winning position to maturity, they are mathematically guaranteed a payout of \$1.00 per share. The smart contract cares only about the oracle's resolution.
### 2.2 Explosive Volume Growth and Institutional Legitimacy
By late 2024 and into 2025, prediction markets evolved from niche experimental protocols into global instruments for probability discovery. Polymarket processed billions in volume, frequently offering odds that outpaced traditional polling and news media in accuracy — achieving roughly 90–95% accuracy at four-hour timeframes. Major publications including Bloomberg, CNN, and The Wall Street Journal began citing Polymarket probabilities as primary data points in their reporting.
The 2024 US Presidential Election cycle alone generated over three billion dollars in Polymarket volume on a single event. This legitimacy attracted a flood of retail capital — participants who viewed prediction markets not just as a trading venue but as a way to participate in consequential global events.
### 2.3 The Brutal Statistical Reality
As the dust settled on the major liquidity events of 2024, an uncomfortable statistic emerged from on-chain data analysis. Despite the settlement fairness of prediction markets, approximately **89% of retail participants realize net losses**.
Only 12.7% of wallets are profitable in aggregate. The threshold to be considered an elite participant is revealing in both its accessibility and its relative rarity: achieving a net profit of merely \$1,000 places a trader in the top 0.51% of all wallets. The vast majority of the user base is flat or negative, functioning as the yield source for a microscopic tier of professional operators.
The question is not whether prediction markets are fair at settlement. They are. The question is why retail capital still hemorrhages in a venue that cannot be wicked. The answer is the distinction between **settlement fairness** and **microstructure fairness**. The settlement is fair. The trading is not. Retail participants are not losing because outcomes are unknowable. They are losing because they are slow, emotionally biased, and structurally outgunned before a single order is placed.
***
## Part III — The Physics of Alpha Decay: Why Retail Still Loses
### 3.1 Alpha Decay Defined
In financial theory, alpha represents the potential for profit in excess of risk. In prediction markets, alpha is generated by information asymmetry — knowing something the market does not yet reflect. However, in the digital age, information travels at the speed of light. Alpha is not a static asset; it is a decaying one. In the context of a central limit order book environment like Polymarket, the half-life of alpha is measured in milliseconds.
When new information breaks — a candidate drops out, a court ruling is published, a data release hits a wire — the correct price of a prediction market contract changes instantly. The window to buy the contract at the old price before the market adjusts is the window of alpha. Once that window closes, the trade is no longer alpha-generative; it is entry into a fully efficient price.
### 3.2 The Latency Timeline: Human vs. Machine
Consider the anatomy of a breaking news event to make this concrete.
**T = 0.000 seconds** — The information is published.
**T = 0.010 seconds** — High-frequency trading algorithms, operated by firms with co-located infrastructure, ingest this data. They do not read the tweet; they scrape the API. Their servers sit in the same data centers as the exchange's matching engines. The algorithm calculates the new probability, fires a buy order for all available liquidity up to the new fair value, and executes. Price moves immediately.
**T = 0.100 seconds** — The order book is consumed. The alpha has fully decayed. The price now reflects the news.
**T = 30.000 seconds** — The retail trader receives a push notification on their phone or sees the tweet in their timeline.
**T = 45.000 seconds** — The retail trader opens the Polymarket app, connects their wallet, and clicks buy.
The retail trader has bought at the new, efficient price. They are buying from the algorithm that bought at the old price 44.9 seconds ago. The retail trader is not a participant in alpha generation; they are the exit liquidity for the machine.
This is not a matter of intelligence or effort. It is physics. The infrastructure gap between a retail home WiFi connection and a co-located enterprise server cannot be bridged by faster fingers.
### 3.3 The Fallacy of Manual Copy Trading
A natural proposed solution is copy trading: identify the profitable wallets and replicate their trades. This approach is mathematically ruinous in prediction market environments due to slippage and sequencing.
Consider a straightforward example:
| Step | Master Trader | Copy Trader |
| ----------------------------- | ----------------------------------- | --------------------------------------------- |
| Entry | Buys at **\$0.40** | Copy tool detects the trade 2–5 seconds later |
| Fill price | \$0.40 | \$0.45 (market impact + delay) |
| Exit | Sells at \$0.55 — **+37.5% profit** | Sells at \$0.55 — **+22% profit** |
| If market only reaches \$0.45 | Profitable | Breaks even before fees |
Over hundreds of trades, this slippage tax systematically destroys the equity curve of the copier, even if the master trader maintains a genuine edge. A signal delayed is a signal denied. A copy-trading system that is not latency-optimized is not a copy-trading system; it is a structured way to be the exit liquidity for the signals it is trying to follow.
### 3.4 MEV: The Sandwich Attack on Slow Execution
A further threat to public-mempool copy trading is Maximal Extractable Value, or MEV. On Polygon and other EVM chains, transaction ordering is controlled by block builders. Predatory MEV bots scan pending transactions in the public mempool. When a large copy-trade buy order is detected:
1. The MEV bot inserts a buy order ahead of it at a slightly higher gas price — the front-run.
2. The copy trade executes at the artificially inflated price.
3. The MEV bot immediately sells behind the copy trade — the back-run.
The copy trader effectively purchases at a price set by a predatory intermediary. The BETTER infrastructure's co-location and direct integration with the trading venue's order book minimizes exposure to the public mempool, structurally protecting user funds from this attack vector.
### 3.5 Behavioral Biases: The Dumb Money Tax
Beyond latency, retail participants in prediction markets suffer from systematic behavioral biases that algorithms do not share.
**The Long-Shot Bias.** Retail capital disproportionately flows into contracts priced at one to five cents — the lottery-ticket trade. Studies in behavioral economics consistently show that humans overweight small probabilities, treating a one-percent chance as though it were a five-percent chance. In prediction markets, this means retail traders systematically overpay for low-probability outcomes. The bid-ask spread in illiquid low-probability zones guarantees that even when a long-shot occasionally resolves, transaction costs and slippage erode the edge over time.
**Wishcasting.** In political markets, retail traders bet on what they want to happen rather than what the data indicates. This skews odds away from true probabilities. When retail sentiment pushes a candidate's implied probability to 60% when the true probability is 40%, the short position becomes a positive expected-value trade. Retail participants, driven by partisan emotion rather than math, donate this edge to the rational actors who take the other side.
**Duration mismanagement.** Retail traders hold to maturity, exposing themselves to the full volatility and black-swan reversal risk of a prediction contract without being compensated for that risk. Professional operators trade the volatility. They capture the spread repeatedly — buying at $0.40 and selling at $0.42 multiple times across a contract's lifecycle — de-risking before the event resolves. By holding statically, retail participants bear maximum risk for minimum compensation.
***
## Part IV — The Elite Tier: How Sophisticated Participants Extract Value
If 89% of participants lose, the 11% who win are not lucky gamblers. They operate businesses, not bets. On-chain forensic analysis of millions of Polymarket transactions identifies four primary archetypes.
### 4.1 The Information Insider
The most profitable participant type monetizes information asymmetry. Unlike traditional equity markets, where trading on material non-public information is a federal offense, prediction markets currently exist in a regulatory grey zone that allows insiders — politicians, corporate officers, committee members, and their networks — to monetize foreknowledge directly.
The 2024 Nobel Peace Prize market provides a definitive case study. Betting odds for the eventual winner shifted from 3% to 70% approximately nine hours before the official announcement. Norwegian authorities and blockchain analysts focused on wallet "6741," which placed a \$50,000 bet with surgical precision. This wallet had never traded before and has not traded since. It was created solely to monetize a specific piece of foreknowledge. The trade was not speculation; it was guaranteed payout collection.
For a BETTER user, the goal is not to be the insider. It is to identify the footprint of the insider — the sudden, high-confidence volume spike from a fresh wallet — and replicate the position instantly, before the broader market prices in the signal.
### 4.2 The Sweeping Arbitrageur
A dominant strategy employed by high-capital whales is "sweeping the endgame." When an outcome becomes a practical certainty — a candidate publicly concedes, a sports match enters its final minute with a blowout score — the probability token should trade at $0.99 or $1.00. However, due to retail panic, inattention, and liquidity gaps, these tokens frequently linger at $0.95 or $0.96.
Sophisticated actors use automated bots to sweep the order book, buying near-certainty contracts in large size. Buying at $0.96 and redeeming at $1.00 minutes later generates a risk-free 4–8% yield. This strategy is inaccessible to retail for two structural reasons: it requires capital large enough to make the absolute dollar return meaningful, and these windows exist for seconds. The BETTER system identifies and acts within these windows as part of its automated strategy stack.
### 4.3 The Cross-Market Arbitrageur (The Sharp)
This archetype exploits discrepancies between prediction market prices and traditional bookmaking or financial exchange odds. If traditional sportsbooks imply a 66% win probability for a team but Polymarket is trading that team at 60 cents, the arbitrage is to buy on Polymarket and hedge on the traditional venue.
The strategy requires real-time data feeds from dozens of off-chain bookmakers, the ability to compute implied odds continuously, and the infrastructure to execute quickly when the arbitrage window opens. The BETTER system integrates external signals from traditional markets, recognizing when on-chain wallet behavior is systematically front-running corrections toward the consensus implied by traditional venues.
### 4.4 The Market Structure Operator
Entities that have generated tens of millions of dollars in realized profit on Polymarket do not simply bet on outcomes. They shape the order book. By acting as market makers — placing limit orders on both sides of the spread — these entities earn the bid-ask difference on every unit of retail flow that crosses their book. They use their capital depth to withstand unrealized drawdowns that would force smaller participants to exit, effectively outlasting retail in a war of attrition. Their profitability derives from volume and flow, not directional accuracy alone.
***
## Part V — The BETTER Solution: Democratising Speed and Access
### 5.1 The Structural Problem Statement
BETTER was built from a specific observation: it is not possible to teach a retail trader to react in ten milliseconds, and it is not economically feasible for most retail participants to purchase co-located server infrastructure in New Jersey or Singapore. The problem of latency and infrastructure gap cannot be solved at the individual level. It requires a pooled, shared-infrastructure approach.
The logical conclusion: if the individual cannot win this game manually, the individual should not play manually. They should delegate to a system designed for the game.
### 5.2 What BETTER Is
BETTER is not a signal group. It is not a Telegram channel where an analyst tells users what to buy.
BETTER is a **token-gated access layer**. It is a protocol that sits between user capital and the execution layer of the prediction market, acting as a proxy that replaces slow, emotional, manual execution with structured, low-latency, rule-governed system execution.
**Today**, that means the Terminal: a closed-beta product where users can fund from supported chains, route capital into Polygon-ready balances, discover high-alpha signals with wallet-level context, and place one/two-click copy trades.
**Next**, that means the vault layer: an automated strategy product where capital is pooled, the system executes on behalf of depositors, and user exposure is represented by receipt tokens.
The thesis is simple: if you cannot win this game, let the machine play for you.
### 5.3 Infrastructure: Sub-Millisecond Latency
Speed is a product feature, not a marketing claim. The BETTER signal-to-execution pathway is designed for sub-millisecond latency through:
**Co-location.** BETTER's execution infrastructure is deployed in proximity to Polymarket's CLOB matching engine, eliminating the speed-of-light travel time that disadvantages home-based retail users.
**Direct API integration.** Rather than interacting with Polymarket through a browser interface, BETTER maintains a direct WebSocket connection to the order book feed and the execution API — the same type of direct membrane access used by institutional HFT firms.
**Mempool minimization.** By routing execution away from the public mempool wherever possible, BETTER reduces exposure to MEV sandwich attacks and ensures that user transactions are not pre-empted by predatory bots scanning pending transactions.
When a signal is validated by BETTER's decision layer, the execution fires faster than a human blink. BETTER is not copying the trade after it happens; in high-frequency scenarios, it executes in the same block or micro-moment as the original signal, capturing the same price before alpha decays.
### 5.4 The Decision Layer: Two Paths
BETTER does not apply one strategy template to every market. The system distinguishes between two execution paths based on the nature of the opportunity.
**Deterministic HFT execution.** For fast, rules-based opportunities — endgame sweeping, latency-sensitive insider replication, cross-venue arbitrage — BETTER uses a deterministic execution path with fixed logic. The system follows defined rules, not free-form model output. This is the speed-first path, designed for opportunities measured in seconds.
**BRAID-assisted reasoning.** For longer-timeframe opportunities — markets with multiple catalysts, extended event windows, or complex probability structures — BETTER uses the BRAID framework from OpenServ. BRAID stands for **Bounded Reasoning for Autonomous Inference and Decisions**. Rather than allowing a model to produce loose, unstructured output — the hallucination problem that makes general-purpose AI unsuitable for financial execution — BRAID structures model reasoning into a defined decision graph before any trade is authorized.
The Reasoning DAG (Directed Acyclic Graph) for a BRAID-assisted trade looks like this:
| Step | Logic | Gate |
| ----------- | ------------------------------------------------------------------------------- | -------------------------- |
| **Ingest** | Signal detected: Wallet X (Insider Score 94/100) bought YES on contract Y | — |
| **Gate A** | Is liquidity depth on contract Y sufficient to enter without >2% slippage? | NO → abort; YES → continue |
| **Gate B** | Does this trade correlate >0.8 with an existing open position in the strategy? | YES → abort; NO → continue |
| **Gate C** | Has this wallet's recent performance crossed the recency degradation threshold? | YES → abort; NO → continue |
| **Execute** | Fire transaction via high-priority RPC | Trade placed |
If the logic does not hold, the trade does not happen. Bounded reasoning prevents the system from chasing noise, entering tops on momentum, or replicating traders who have lost their edge. The decision is auditable and machine-checkable — not a black box.
### 5.5 Hard Risk Controls
Beyond the Reasoning DAG, BETTER's strategy layer operates under hard constraints that govern every trade regardless of signal quality:
* **Fixed drawdown tolerance:** the strategy has a defined maximum drawdown before it pauses execution
* **Fractional Kelly sizing:** position sizes use a fraction of the full Kelly criterion, reducing the tail risk of ruin while preserving positive expected value
* **Liquidity checks:** minimum depth thresholds before any order is submitted
* **Exposure checks:** correlation and concentration limits to prevent the strategy from being overloaded in a single market or direction
A signal alone is never sufficient to authorize a trade. The risk controls make the final determination.
***
## Part VI — The Filtering Engine: Separating Signal from Noise
A fast system that copies bad traders is simply a fast way to lose money. The BETTER filtering engine is the component that ensures speed is applied to genuine edge rather than to noise.
### 6.1 The Scale of the Problem
BETTER's signal processing pipeline monitors over **40,000 distinct on-chain signals daily** across Polymarket, the Polygon mempool, and wallet-level trade behavior. The challenge is not access to data; it is distillation. The vast majority of on-chain activity represents either random flow, emotional retail behavior, or traders who were once edge-positive but have since deteriorated.
### 6.2 The Z-Scoring Engine
BETTER's machine-learning models assign unique weighted scores to wallets using a proprietary Z-scoring mechanism based on the top 1,000 Polymarket wallets. The Insider Score is the output: a normalized, ML-derived quality signal for a wallet's historical behavior. It is not a promise of accuracy. It is a structured basis for determining whether a signal deserves attention.
The metrics composing the score include:
| Metric | Why It Matters |
| --------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Sharpe Ratio** | Measures risk-adjusted return. High PNL with high volatility is penalized — luck and skill look different here. |
| **Sortino Ratio** | Measures return relative to downside volatility specifically. Upside variance is not penalized. |
| **Win Rate** | Consistency across trade frequency. A 60% win rate over 1,000 trades is structurally different from 100% over 1. |
| **Profit per trade** | Magnitude. Scalping pennies versus catching meaningful probability movements are distinct strategies with distinct durability. |
| **Wallet age and funding source** | Insider detection signal. A new wallet that activates for one specific high-stakes event and never trades again is a categorically different signal from a habitual market participant. |
| **Recency filter** | Active degradation tracking. A trader with a declining equity curve in recent weeks is removed from the active signal pool regardless of their historical record. |
### 6.3 Elite Trader Archetypes and Signal Classification
BETTER categorizes validated signals into archetypes to enable structured strategy weighting:
| Trader Class | Description | Market Focus | Alpha Source |
| ------------------------- | ---------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------ | --------------------------------------------- |
| **The Political Insider** | Dormant wallets that activate with maximum-size bets days before a vote or announcement | Elections, legislation, central bank decisions | Private information, lobbying networks |
| **The Crypto Whale** | High-volume, high-frequency operators trading spreads and momentum | Token listings, on-chain price events | Flow analysis, deep capital reserves |
| **The Sports Sharp** | Statistical arbitrageurs who close the gap between Polymarket and traditional bookmaker odds | Basketball, American football, tennis, major sports | Quantitative modeling, cross-venue comparison |
| **The News Scalper** | Millisecond-reactive systems that respond to breaking information before the broader market reprices | Geopolitical events, corporate announcements, regulatory decisions | Latency advantage, API-speed data ingestion |
By maintaining a dynamically rotating pool of validated wallets across these archetypes, BETTER constructs what is effectively a **synthetic index of the highest-quality directional intelligence** available on-chain.
### 6.4 What Gets Filtered Out
The filtering process is as important as what it selects. The system actively excludes:
* **Degenerate gamblers:** wallets with high absolute PNL from single large bets but no demonstrated statistical consistency
* **Momentum followers:** wallets that consistently enter after the move, buying stale alpha
* **Washed edges:** wallets with historically strong performance whose recent equity curve indicates the strategy has deteriorated
* **Small-sample outliers:** wallets with insufficient trade history to establish statistical significance of their results
***
## Part VII — The Vault Layer: Automated Prediction-Market Exposure
### 7.1 Status
BETTER Vaults are **not live yet** as of 6 March 2026. The first vault is targeted for Q1 2026. All vault mechanics described in this section represent current planned design and are subject to change before launch.
### 7.2 The Passive Exposure Problem
The Terminal requires active participation. Users must log in, review signals, and execute copy trades. For the majority of users — who, as the behavioral research in Part III demonstrates, are not well-positioned to make these decisions manually — active participation reintroduces the human error that BETTER's infrastructure is designed to remove.
The vault layer solves the passive exposure problem. Instead of asking a user to choose when and what to copy, the vault delegates those decisions entirely to the automated system. The user deposits capital; the system does the work.
### 7.3 First Vault Design
The current launch direction for BETTER's first vault is:
* **One vault first:** a single initial vault rather than a suite of specialized strategies at launch
* **Fixed-term structure:** with defined entry windows rather than always-open deposits
* **High-risk profile:** consistent with the strategy types the BETTER engine focuses on
* **Polymarket-first execution:** expanding to additional venues as infrastructure matures
* **Batched withdrawals:** exits processed in grouped windows, not at any moment
* **No partial withdrawals at launch:** users exit fully, not in segments
This controlled structure reflects the operational reality of launching a novel automated strategy product: reducing complexity at the initial launch allows robust testing and adjustment before expanding to more complex withdrawal and strategy mechanics.
### 7.4 Planned Vault Access Flow
1. Meet the current `$BETTER` access requirement
2. Stake the qualifying amount to enable vault access
3. Deposit capital during the vault's deposit window
4. Track vault performance within the BETTER app
5. Withdraw when the vault's withdrawal window opens
If a user has already staked the qualifying amount for vault access, that same stake also satisfies the Terminal access requirement. The staked position is expected to remain locked until the user fully exits the vault.
### 7.5 Performance Fee Structure
BETTER plans a **20% performance fee on profit only**, charged once at the point of withdrawal.
The fee basis is a **wallet-level high-water mark**: the fee only applies to new net profit above the highest value that wallet's vault position has previously reached.
In concrete terms: if a user deposits $1,000, the vault grows to $1,100, and the user withdraws, the 20% fee applies only to the $100 gain — not to the $1,000 principal. If the vault subsequently draws down below a prior peak and the user withdraws, no performance fee is charged on that exit.
This structure aligns BETTER's incentive with user outcomes: the protocol earns only when users earn.
### 7.6 Strategy Controls in Vaults
Vault strategies operate under the same hard risk controls as the Terminal's execution layer:
* fixed drawdown tolerance with automatic strategy pause triggers
* fractional Kelly sizing per position
* liquidity depth requirements before any order
* exposure concentration limits across markets
If a vault strategy is paused due to non-profitability, BETTER intends to make user funds available for withdrawal as quickly as possible under the vault's rules. A failed strategy does not mean trapped capital.
### 7.7 Audit
BETTER plans to pursue an independent Web3 security audit for vault contracts as quickly as possible before or around launch. Vault mechanics, access rules, and fee structures are subject to adjustment based on audit findings.
***
## Part VIII — vBETTER: The Receipt Token Layer
### 8.1 Status
`vBETTER` is **planned**, not live today. Receipt tokens are intended as a later layer added after the initial vault infrastructure is live and stable.
### 8.2 What vBETTER Is Designed to Be
`vBETTER` is the name BETTER uses for future vault receipt tokens. A receipt token represents a share of a specific BETTER vault. If BETTER launches multiple vaults, separate receipt tokens may be used for separate vaults — for example, `vBETTER1`, `vBETTER2`, and so on.
The receipt token layer is designed to make future vault exposure:
* **Transferable:** users can move their vault position without requiring the vault to process a withdrawal
* **Accountable on-chain:** vault positions become trackable as standard ERC-20 assets rather than internal accounting entries only
* **Composable:** future integration with DeFi protocols or secondary liquidity becomes possible
### 8.3 Planned Technical Design
BETTER plans to use **Enzyme Onyx** as the accounting layer for vault receipt-token infrastructure. The intended design:
* Polygon-based accounting, updated block-by-block
* Automated mint on deposit finalization
* Automated burn on full vault exit
* Full-exit logic at first launch consistent with the no-partial-withdrawal vault design
The `vBETTER` token is expected to trade on secondary markets once live, potentially at a premium or discount to the implied value of the vault it represents. Premium/discount controls, arbitrage mechanics, and secondary-market safeguards are still being finalized.
***
## Part IX — The Decorrelation Thesis: Why Macro Does Not Kill BETTER
### 9.1 The Core Argument
The prevailing flaw in most crypto portfolios is the illusion of diversification. Most digital assets maintain a beta approaching 1.0 relative to Bitcoin and, by extension, global liquidity cycles. When macro events turn bearish, diversified portfolios collapse in unison.
BETTER's investment thesis is not based on asset price appreciation. It is based on a structural decorrelation from the macro risk cycle.
| Asset Class | Primary Driver | Behavior During Risk-Off |
| --------------------------------------- | ------------------------------------------- | ----------------------------------------------------------------------------- |
| BTC / ETH / Perps | Liquidity, risk appetite, Fed balance sheet | -70% to -85% drawdowns; correlated to global risk assets |
| Equities | Cost of capital, earnings sentiment | Highly correlated to macro; same directional risk |
| Prediction markets (Polymarket, Kalshi) | Verifiable event resolution | Volume increases as uncertainty increases; event-driven, not sentiment-driven |
Prediction-market contracts resolve to exactly $1.00 or $0.00 based on binary truth. The price path to resolution is driven by probability updates, not by whether BTC is $100,000 or $10,000. During risk-off periods, traditional liquidity dries up, perpetuals funding rates deteriorate, and retail gets wrecked. Prediction-market volume and volatility typically *increase* because uncertainty is the fuel.
BETTER does not need bull markets to generate yield. The edges it exploits — short-horizon information flow, endgame sweeping, cross-venue arbitrage — are mechanical and event-driven. They exist in bull, bear, and sideways regimes.
### 9.2 Events Always Happen
The year-round engine of the BETTER strategy stack requires one input: events. Events always happen.
* Federal Reserve decisions occur on a fixed schedule, multiple times per year
* Geopolitical resolutions, escalations, and surprises occur continuously
* Legislative votes, regulatory decisions, and corporate announcements occur continuously
* Sporting calendars run year-round across global markets
The vault and Terminal rotate across these constantly. The underlying return generation is not correlated to whether the S\&P is up twenty percent or down twenty percent. It is correlated to whether consequential events continue to occur — and they do, in every market regime.
### 9.3 The Scale Argument
As prediction markets grow from billions to tens of billions in volume, the quantity of inefficient retail flow entering the system grows proportionally. A single human trader cannot harvest all available yield; they cannot monitor thousands of markets simultaneously, react in milliseconds, or operate without sleep.
The BETTER system scales with the market. More dumb money entering the system means more alpha for the engine to extract. The vault depositor's return potential grows as the market grows. BETTER is positioned to be the House — the structural counterpart to the retail majority — and the House scales with the size of the casino.
***
## Part X — The BETTER Terminal: The Live Product
### 10.1 What Is Live Today
As of 6 March 2026, the BETTER Terminal is live in closed beta. It is the only live BETTER product.
The Terminal is a token-gated interface for discovering high-alpha Polymarket signals, reviewing the context behind those signals, and placing one/two-click copy trades — without manually bridging assets to Polygon.
| Product surface | Status |
| ------------------------------------------ | ------------------- |
| Terminal (signal discovery + copy trading) | Live in closed beta |
| Funding via UDA (Enclave.money) | Live in closed beta |
| Access gating via `$BETTER` | Live |
| Vaults | In progress |
| `vBETTER` receipt tokens | Planned |
| Kalshi / Opinion integrations | Planned |
| B2B data products | Planned |
| OpenRouter model distribution | Planned |
### 10.2 The Funding Flow
BETTER's UDA (Universal Deposit Address) technology, powered by Enclave.money, is the practical implementation of liquidity abstraction. The user starts with USDC on a supported source chain and ends with a balance usable as USDC.e on Polygon for Polymarket trading, without manually bridging.
1. The user logs in. Privy checks whether the connected wallet meets the current `$BETTER` access requirement.
2. The user opens the Wallet tab and selects a supported source chain. BETTER currently supports **Ethereum mainnet** and **Base mainnet**.
3. The user funds with USDC through the UDA flow. BETTER handles the routing.
4. The funded balance becomes usable as `USDC.e` on Polygon.
5. Terminal trade placement is gas-sponsored by Polymarket. The user needs gas on the source chain to fund, but not to place individual trades.
### 10.3 The Signal and Copy Trading Flow
Once funded, the Terminal user can:
* Review the live signal feed with wallet-level context
* Inspect signal scoring (Insider Score), liquidity context, and trade thesis before acting
* Place one/two-click copy trades against supported signals
* Monitor position and market state within the Terminal
**Lite Mode** is an optional Terminal configuration that halves the standard `$BETTER` access requirement in exchange for a 2% fee on the nominal value of each filled copy trade. The fee is charged per fill, not at market resolution. Lite Mode does not change future vault access requirements.
### 10.4 Current Access and Compliance
* Terminal access currently does **not** require KYC
* The current closed beta does not use geo-blocking, though this can change
* Access is checked per wallet and per session. If a user sells below the access threshold during an active session, the session can time out
* The docs and the app are the canonical source of truth for the current gate
***
## Part XI — Token Design: `$BETTER`
### 11.1 Token Summary
| Parameter | Value |
| -------------------- | --------------------------------------------------------------- |
| **Ticker** | `$BETTER` |
| **Network** | Base |
| **Contract address** | `0x396FfAd9469e3d3E3fc4061B79accE2Ad0Ce4B9E` |
| **Total supply** | 709,001,939 (reduced from 1,000,000,000 via bonding curve burn) |
| **TGE** | 21 January 2026 |
| **Liquidity pool** | Aerodrome `$BETTER/WETH` on Base |
The `$BETTER` contract was redeployed on Base on 10 March 2026. The current and only valid contract address is `0x396FfAd9469e3d3E3fc4061B79accE2Ad0Ce4B9E`. Do not interact with any other contract address.
### 11.2 Allocation and Vesting
| Allocation | Amount | Vesting / Lock-Up |
| ------------------------------------------ | ----------: | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Public sale + liquidity (Base BETTER/WETH) | 124,668,904 | Public sale unlocked at TGE; liquidity deployed to the Aerodrome BETTER/WETH pool with LP tokens locked permanently; remaining supply burned post bonding curve launch |
| Team (`0x775E`) | 200,000,000 | 15-month vesting with a 6-month cliff, then 9-month linear unlock |
| Treasury (`0x664f`) | 234,333,035 | 12-month linear unlock from TGE |
| OpenServ SERV token drop (`0x1aBd`) | 50,000,000 | Unlocked; claimed by SERV token stakers |
| Programmatic funding (`0x4777`) | 100,000,000 | Released across fully diluted valuation bands |
Estimated circulating supply is approximately **121,112,384 tokens** (public sale plus liquidity allocation, net of team, treasury, OpenServ, and programmatic funding wallets). 290,998,061 tokens were burned during the bonding curve launch, reducing total supply from 1,000,000,000 to 709,001,939.
### 11.3 Access Gate and the Ratchet Mechanism
`$BETTER` is the access token for both the Terminal today and future vaults. BETTER uses a token-denominated access gate with a permanent downward ratchet: once BETTER reaches a new fully diluted valuation all-time high, the lower access threshold becomes the permanent threshold. It does not move back up if FDV subsequently falls.
| FDV band | Standard Terminal | Lite Mode | Future Vault Stake |
| -------------- | ----------------: | ---------------: | -----------------: |
| Below \$10M | 100,000 `$BETTER` | 50,000 `$BETTER` | 100,000 `$BETTER` |
| $10M – $20M | 75,000 `$BETTER` | 37,500 `$BETTER` | 75,000 `$BETTER` |
| $20M – $100M | 50,000 `$BETTER` | 25,000 `$BETTER` | 50,000 `$BETTER` |
| \$100M or more | 10,000 `$BETTER` | 5,000 `$BETTER` | 10,000 `$BETTER` |
Access is checked per wallet and per session. A qualifying stake for vault access also satisfies the Terminal access requirement.
### 11.4 Trading Taxes
BETTER uses a **2% buy tax** and **2% sell tax** for interaction with the Aerodrome `$BETTER/WETH` liquidity pool on Base. Important clarifications:
* This is a liquidity-pool interaction tax, not a wallet-to-wallet transfer tax
* It is separate from the Lite Mode copy-trade fee
* LP tax proceeds are split between BETTER and OpenServ development wallets
### 11.5 Programmatic Funding Schedule
BETTER's 10% programmatic funding allocation is structured to release capital across FDV bands to support infrastructure, hardware, and future model distribution work.
| FDV Range | % Sold | Raise | Cumulative |
| ----------------- | -----: | ------------: | ------------: |
| US$1M to US$5M | 2% | US\$60,000 | US\$60,000 |
| US$5M to US$10M | 2% | US\$150,000 | US\$210,000 |
| US$10M to US$20M | 2% | US\$300,000 | US\$510,000 |
| US$20M to US$50M | 2% | US\$700,000 | US\$1,210,000 |
| US$50M to US$100M | 2% | US\$1,500,000 | US\$2,710,000 |
### 11.6 Treasury, Buybacks, and Future Value Flow
BETTER may perform discretionary, rule-based market buybacks and transfer purchased tokens to a burn wallet. Current treasury spending is a majority team decision.
Buybacks and burns are not guaranteed, are not automated in every case, and should not be interpreted as a promise of price support.
Future revenue lines that may later support discretionary treasury actions, once those products exist, include:
* vault performance fees (20% of profit on profitable exits)
* business-to-business prediction-market data ingestion products
* OpenRouter credit sales for BETTER's planned prediction-market model
* arbitrage and flywheel mechanics around future `vBETTER` markets
* later-stage products including `$TRUTH-PERP`
These are future lines, not the current live product set.
***
## Part XII — The Base Chain: Infrastructure Choice
### 12.1 Why Base
BETTER has chosen the Base blockchain (Coinbase's L2) as the home for `$BETTER` and the future vault system. This is a strategic choice rooted in cost, ecosystem alignment, and user experience:
**Low friction.** Base offers EVM compatibility with low gas fees, making it suitable for the high-frequency deposit, withdrawal, and access-check interactions associated with a vault system.
**Consumer crypto ecosystem.** Base is aggressively targeting the on-chain consumer market. With prediction-market competitors including Limitless building natively on Base, the liquidity environment on the chain is growing. BETTER's presence on Base positions it within that gravitational field.
**Coinbase credibility.** Base's backing by Coinbase provides a layer of institutional credibility and potential distribution through the Coinbase product surface that other L2s do not replicate.
**UX abstraction.** Base supports smart wallet experiences where users do not need to manage complex gas tokens or manual bridging — consistent with BETTER's core goal of abstracting cross-chain friction.
### 12.2 Cross-Chain Execution
The BETTER system operates across chains in a coordinated way. User capital is aggregated on Ethereum mainnet or Base via the UDA flow. BETTER then routes that capital into USDC.e on Polygon, where Polymarket's CLOB currently operates. This cross-chain liquidity abstraction — Enclave.money-powered on the deposit side, cross-chain routing on the settlement side — is the practical implementation of the access layer described throughout this whitepaper.
As Polymarket and prediction markets more broadly expand across chains, BETTER's routing layer is designed to follow liquidity wherever it concentrates.
***
## Part XIII — Roadmap
Roadmap dates are soft targets and can change when needed.
### Shipped
| Date | Milestone |
| --------------- | --------------------------------------------------------------------------- |
| 21 January 2026 | `$BETTER` token generation event on Base |
| Q1 2026 | Token-gated Terminal closed beta live |
| Q1 2026 | UDA funding flow from Ethereum mainnet and Base into Polygon-ready balances |
| Q1 2026 | One/two-click Polymarket copy trading inside the Terminal |
### In Progress
**First BETTER vault** — targeted for Q1 2026 with one initial vault, fixed-term and high-risk structure, deposit windows, batched withdrawals, and Polymarket-first execution.
**Vault infrastructure and safeguards** — staking-enabled vault access, fixed drawdown tolerance and fractional Kelly sizing in the strategy layer, and independent vault audit work before or around launch.
### Planned Next
| Category | Planned Developments |
| ------------------- | --------------------------------------------------------------------------------------------------------- |
| **Receipt tokens** | `vBETTER` receipt tokens for future vaults; Enzyme Onyx accounting layer |
| **Vault expansion** | Specialized vaults across market types (sports, weather, politics); more flexible withdrawal mechanics |
| **Venue expansion** | Kalshi integration; Opinion.xyz integration |
| **Business lines** | B2B prediction-market data ingestion products; prediction-market model distributed through OpenRouter API |
| **Longer-term** | Arbitrage flywheel around `vBETTER` markets; `$TRUTH-PERP` on Hyperliquid |
### Access Ratchet Milestones
Once a new FDV all-time high is reached, the lower threshold becomes permanently fixed. The gate does not move back up later.
| FDV Band | Standard Terminal | Lite Mode | Future Vault Stake |
| -------------- | ----------------: | --------: | -----------------: |
| Below US\$10M | 100,000 | 50,000 | 100,000 |
| US$10M–US$20M | 75,000 | 37,500 | 75,000 |
| US$20M–US$100M | 50,000 | 25,000 | 50,000 |
| US\$100M+ | 10,000 | 5,000 | 10,000 |
***
## Part XIV — Risks and Disclaimers
BETTER does not remove market risk. Users of the Terminal and future vault products should understand the following risks before funding or trading.
### Execution risks
* Copy trades do not guarantee equal fills, equal timing, or equal performance relative to the original signal
* Signal quality is historical; past performance of a scored wallet does not guarantee future performance
* Liquidity in prediction markets can change rapidly, causing fills at worse prices than expected
### Settlement risks
* Market disputes and oracle disputes can delay or affect the settlement of prediction-market contracts
* Polygon network queues can slow final market resolution; in some conditions this can take 30 minutes to 2 hours
* Rare edge cases including court rulings, venue disputes, or technical oracle failures can cause unexpected resolution outcomes
### Infrastructure risks
* UDA routing and Enclave.money infrastructure can fail or degrade
* Cross-chain bridging and routing introduces dependencies that can produce delays or errors
* Co-located execution infrastructure is subject to the same hardware and network failure risks as any production system
### Vault risks (future)
* Smart contract risk from vault contract code; audit work is planned but does not guarantee zero vulnerabilities
* Strategy risk: automated execution can lose capital, not just generate it
* Withdrawal window risk: the batched withdrawal structure means funds are not accessible at all times
* A paused strategy means delayed access to capital under the vault's withdrawal rules
* Staking lock risk: staked `$BETTER` is expected to remain locked for the duration of a vault position
### Token risks
* Access thresholds, product availability, fee structures, and timelines can change with market conditions or product development
* Buybacks and burns are discretionary and not guaranteed
* The `$BETTER` token price can fall, potentially below the threshold required for continued access
### Regulatory risks
* The regulatory status of prediction markets, token-gated access products, and automated vault strategies varies by jurisdiction and may change
* Future KYC, geo-blocking, or compliance requirements may restrict access for certain users
***
Nothing in this whitepaper constitutes investment, legal, or tax advice. BETTER is a technology product. Users are responsible for their own due diligence, legal compliance, and risk management.
***
## Appendix: Key Research Data and Citations
| Metric | Value | Source |
| ---------------------------------------------- | ---------------------------- | ------------------------------ |
| Retail loss rate on prediction markets | \~89% | Dune Analytics / Cryptopolitan |
| Profitable wallets overall | \~12.7% | Medium on-chain analysis |
| Elite participant threshold | \$1,000 PNL → top 0.51% | Bitget / Dune |
| Polymarket prediction accuracy (4-hour window) | \~95.2% | Phemex |
| Endgame sweep yield | 4–8% risk-free per event | BlockBeats |
| BETTER signal processing volume | 40,000+ signals/day | BETTER project data |
| 2024 Polymarket annual volume | \$9 billion+ | The Block |
| 2024 US Election Polymarket volume | \$3 billion+ on single event | Multiple sources |
### Selected Sources
1. "Up to 89% of Polymarket Users Carry Losses, Shows On-chain Data" — Cryptopolitan / Binance Square
2. "Polymarket's Huge Year: \$9 Billion in Volume" — The Block
3. "Is a New Whale on Polymarket Skewing Odds?" — Blockworks
4. "People Quietly Making a Fortune Through Arbitrage on Polymarket" — Bitget News
5. "How to Achieve a Super High Win Rate on Polymarket Through Insider Trading?" — Bitget
6. "Polymarket Accuracy Rates Analyzed" — Phemex
7. "Eighteen Individuals and Entities Charged in International Operation Targeting Widespread Fraud and Manipulation in the Cryptocurrency Markets" — U.S. Department of Justice, District of Massachusetts
8. "SEC Charges Three So-Called Market Makers and Nine Individuals in Crackdown on Manipulation" — SEC Press Release
9. "Alpha Decay: What Does It Look Like?" — Maven Securities
10. "SoK: Market Microstructure for Decentralized Prediction Markets" — arXiv
11. "Why We Are Investing in Limitless" — Collider VC
12. "Tracking Insider Activity on Polymarket Boosts Prediction Accuracy" — Phemex
13. "WSS Overview" — Polymarket Developer Documentation
14. "What is Maximal Extractable Value (MEV)?" — CoinTracker