Narrativ is a data company at its core. The market layer is the mechanism that turns our signals and indices into:time-boxed coordination (markets that resolve on objective outcomes), and
recurring incentives (fees that flow into prize pools)
It's wrapped around the data engine, not separate from it.
What the market layer is#
A system for creating time-boxed markets that resolve on index outcomes computed by the Narrativ data engine.Markets are not just "event wagers." They can be defined on complex, multi-signal outcomes (e.g., sentiment inflections, narrative momentum regimes, behavioral shifts) that traditional platforms do not support because they lack the underlying data and computation layer.
How a market resolves#
A Narrativ market is defined by a Market Spec that includes:| Component | Description |
|---|
| Underlying index | The resolution source |
| Measurement window | Start/end times, sampling interval |
| Resolution rule | What value constitutes each outcome |
| Methodology version | The exact index definition used |
| Fallbacks | What happens if inputs are delayed or degraded |
| Finalization | When the outcome becomes final and non-reversible |
This is what makes Narrativ markets "market-grade": resolution is repeatable, auditable, and explainable.
Where the value comes from#
Markets create value for Narrativ in three ways:
Liquidity and engagement
Markets make users active participants in predicting and interpreting real-world signals, which drives sustained attention and repeat interaction.
Better products over time
Market activity produces structured feedback loops: which indices matter, which windows are useful, which signals correlate with outcomes, where noise and manipulation attempt to enter. That feedback improves index design and product fit over time.
Incentives funding
A portion of market-related fees is routed into recurring prize pools, aligning market activity with user upside and data contribution.
Relationship to the data engine#
The market layer depends on the engine. The engine does not depend on markets.| Layer | Role |
|---|
| nGress | Collects inputs (managed + permissioned user data) |
| Nexus | Computes signals and indices (versioned + auditable) |
| Market layer | References indices as settlement sources |
This keeps markets grounded in objective resolution rather than subjective judgments or off-platform "oracles."
Market lifecycle (high level)#
1.
Market created — Market Spec defined (index, window, resolution rule, methodology version)
2.
Market live — Orders and participation accepted
3.
Window closes — No new participation allowed
4.
Index computed — Methodology version locked, final value calculated
5.
Resolution + finalization — Outcome determined and made non-reversible
6.
Payouts + fees — Positions settled, fees collected
7.
Prize pools funded — Portion of fees routed to recurring prize pools, rewards accounted
Why this matters#
Most platforms can run markets. Few can produce new resolution sources.Narrativ's advantage is that we:generate and refine proprietary indices through a continuously improving engine
wrap those indices in a market system that creates liquidity and incentives
route a portion of fees back to users through prize pools, gated by consented data contribution
That compounding loop makes both the data products and market layer stronger as the network grows.
Notes and disclosures#
Markets carry risk. Participation terms, eligibility, and any jurisdiction-specific restrictions are defined in the applicable product terms and risk disclosures.
For how indices are defined, see Signals and Indices.
For how rewards and eligibility work, see Incentives, Prize Pools, and Flywheel.