Every coin says it’s going up. Doubt it? Fade it. Believe it? Back it and get paid by the faders.
That’s the gap. fadethat.family lists the long tail nobody else will — and does it without a borrow, a funding rate, or a liquidation engine.
Six hours or twenty-four. The coin drops 20%, you get your stake back plus 20%. It drops to zero, you get double. It rips, the most you lose is the stake — there is no liquidation price, because there is nothing to liquidate.
Every fade needs someone behind it. Back a coin’s pool and you collect the premium and half the fee up front, then pay out when the faders are right. You only ever take risk on the coin you backed.
Half of every fee buys $FADE and burns it. A fade that pays out and a fade that dies paid the same fee, so both burn the same. More faded, more burned.
| Price at settlement | You receive | Versus stake |
|---|---|---|
| Down 100% | 20 ETH | +10 |
| Down 20% | 12 ETH | +2 |
| Unchanged | 10 ETH | 0 |
| Up 20% | 8 ETH | −2 |
| Up 100% or more | 0 ETH | −10 |
Premium and fee sit on top of the stake and are spent either way. A fade that cannot be priced at expiry is voided and refunded in full — stake, premium and fee. Read the rules →