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Feed 00 __ 00:00

The
Protocol

Thermal sits between your market and the chain. It sources the truth, prices it, settles it and keeps the receipt. Four moving parts, none of which you have to write.

Spec / v0.1

Docs / Coming Soon

[ Built by people who have run these books ]

Prediction markets fail on unglamorous things. A feed that lags. A resolution three days late.

Protocol

Mechanics

01

Oracle

Oracle Layer

TRM_01

02

Pricing

Price Engine

TRM_02

03

Settlement

Settlement Rail

TRM_03

04

Liquidity

Liquidity Bootstrap

TRM_04

05

Resolution

Resolution Court

TRM_05

06

Latency

Latency Budget

TRM_06

Every

Question

Has

A

Price

We

Find It

Thermal heat map of a continent seen from orbit

Previously
At

01

02

03

04

05

Thermal image of a group of people

Polymarket

Market Design & Resolution

Thermal image of figures in a dark room

Kalshi

Regulated Exchange Operations

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Goldman Sachs

Derivatives Structuring

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Citadel Securities

Pricing & Market Making

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Robinhood Chain

Onchain Settlement

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Thermal image of a flag
Thermal rendering of a market chart
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