A public reputation layer for people who make useful market calls, and a reward layer for scouts who find them early. Create calls, take the other side of weak ones, and back researchers whose records are becoming visible.
Three ways to participate
Make public calls across crypto, NFT floors, commodities, and equities. Stake VOUCH on your work. Build an accountable record.
Your reputation grows with every correct prediction.
Disagree with a call? Fade it by staking on the opposite outcome and testing the research in public.
Take the other side when you think the call is weak.
Stake on researchers you believe are finding real signal. If they qualify, scouts can share weekly VOUCH rewards.
Back useful signal before it is obvious.
How to participate on CEFX
CEFX is open to anyone with a wallet. Browse calls, view researcher profiles, and explore the platform freely. To make predictions, fade calls, scout researchers, or post — connect your wallet and stake VOUCH tokens.
Building automation? Start with the developer quickstart.
Four market types, each with its own data and settlement rules
24/7 Markets
Make public calls on leading cryptocurrencies around the clock. Crypto markets settle from live 24/7 price data.
24/7 Markets
Make public calls on eligible NFT floor markets, using smoothed feeds built from recent marketplace observations.
23h/day (Sun-Fri)
Make public calls on precious metals and energy. Gold settles at COMEX settlement (~1:30 PM ET), silver at ~1:25 PM ET. WTI crude settles at NYMEX settlement (~2:30 PM ET).
Extended hours (Sun-Fri)
Make public calls on S&P 500 (SPY) price movements. Resolves at market close (4:00 PM ET) on the selected trading day. Weekend and holiday expiries roll to the next trading day.
One clear standard for each market type
Crypto and NFT calls can resolve after expiry once CEFX confirms trusted market data. Settlement uses the latest trusted price or smoothed floor after expiry, not a pre-captured deadline tick.
Resolution rule: Fresh value after expiry
Stocks and commodities can resolve after expiry once fresh verified close data is available for the relevant trading session. If the selected date lands on a weekend or holiday, the call rolls to the next valid trading day.
Resolution rule: Fresh close data
Every call settles from the right market value for that asset and time window. If the official close or trusted live value is still updating, settlement waits for the verified value instead of taking a stale-price shortcut.
The winning side receives 98% of the matched pot. The result and payout path are recorded on Base so the outcome is inspectable after settlement.
How to create public calls
Take the opposite side of predictions you disagree with
Back researchers and earn weekly emissions
Badges unlock floors, and live rewards scale up to today's 3.0x cap
| Tier | Requirements | Badge Floor |
|---|---|---|
| LEGENDARY | 36+ scored-idea points · 66%+ tier accuracy | 3.0x |
| EXPERT | 24+ scored-idea points · 62%+ tier accuracy | 2.0x |
| SKILLED | 14+ scored-idea points · 58%+ tier accuracy | 1.5x |
| NOVICE | 6+ scored-idea points · 54%+ tier accuracy | 1.0x |
| UNRANKED | Below 6 scored-idea points or below 54% tier accuracy | 0x |
Scored Idea Points (recent sample) answers “how much signal?” Short counted ideas earn 1 point in their first year. Longer-horizon ideas earn slightly more because they resolve less often. In year two, every counted idea keeps only half credit before dropping off entirely. Repeating the same thesis for roughly the same window doesn't add extra points.
This does not mean researchers need broad market variety. A crypto specialist can stay in crypto and a stock picker can stay in equities. What matters is producing distinct ideas, not many near-duplicates of the same one.
Tier Accuracy answers “how accurate?” With few results, the system starts conservative — closer to 50%. As more predictions resolve, it converges toward your true resolved-call accuracy. This means 4 wins out of 5 won't outrank 40 wins out of 60.
The table shows each badge's floor. Once a researcher qualifies, their current base multiplier can keep rising smoothly above that floor until it reaches today's 3.0x Legendary cap, before the recent activity window is applied.
If you post BTC bullish on May 16, 2026 for a 2-week window and again on May 20, 2026 for a similar 2-week window, those usually group into one counted idea. If you post another BTC bullish call that resolves a month later, that later window can count separately. This grouping rewards genuinely separate ideas, not volume.
If the same researcher posts both sides of the same asset for roughly the same window, that hedge does not earn emissions credit. The goal is to reward real conviction within a researcher's edge, not same-window hedging.
How 25,200 VOUCH is distributed each week
Saturday
23:59 UTC
Week ends
Sunday
00:00 UTC
Pending stakes activate and unstakes execute
Sunday
~00:30 UTC
Previous week's emissions published on-chain
Sunday
00:30-06:30 UTC
Latest-week reinvest window for auto-reinvest and manual reinvest claims
Any time after publish
Wallet initiated
Manual scout claims submit from the connected wallet
For your stakers to earn emissions for a given week:
The authoritative scout payout model is:
Earnings multiplier = current base multiplier after the recent activity window is applied. Badge tiers still matter because they unlock floors, but the current base multiplier can keep rising until it reaches today's 3.0x Legendary cap. Scouts on the same researcher split that weighted pool proportionally by active stake.
Recent signal matters more than stale history. The activity window tracks the horizon class the researcher has been working in lately — so a MACRO researcher is not held to a SHORT researcher's 28-day rhythm, and a researcher who pivots disciplines is recognized once they have a fresh cadence in the new class:
| Horizon class | Full Weight | Cooling Off | Inactive | Activity Multiplier |
|---|---|---|---|---|
| Short-term | 0-28 days | 29-56 days | >56 days | 1.0x → 0.5x → 0x |
| Swing | 0-60 days | 61-120 days | >120 days | 1.0x → 0.5x → 0x |
| Position | 0-120 days | 121-240 days | >240 days | 1.0x → 0.5x → 0x |
| Long-term | 0-240 days | 241-480 days | >480 days | 1.0x → 0.5x → 0x |
Alice has reached the SKILLED badge. That unlocks a 1.5x floor, but her current base multiplier is 1.8x because her sample and tier accuracy are strong. A scout has 1,000 VOUCH staked on her.
Fully active
1,000 × 1.8x = 1,800 weight
Cooling off
1,000 × 1.8x × 0.5x = 900 weight
The grouping rules stop one idea from counting fifty times, the horizon weighting gives slower research a fairer path to qualify, and the recent activity window stops old wins from carrying emissions forever.
Join the prediction market where your track record matters. Make calls, scout talent, or fade bad predictions.