How the zero-day settles

Memes can run on vibes. Settlement cannot. Every 0DTE epoch records a starting reference, closes entry before the end, and resolves against an onchain price observation.

The core metric is price return measured from TWAP, not fully diluted valuation. Supply can change through protocol participation, so using FDV as the settlement target would make the game circular.

A time-weighted average price reduces the influence of a single instantaneous print. The production path also applies observation and minimum-liquidity requirements before a settlement can be accepted.

Those controls do not remove market or oracle risk. They make the settlement rule explicit and harder to distort with one last-second trade.

The path set is deliberately overlapping in places. A directional move can also satisfy a volatility path, while a smaller move may satisfy a Crab range. Multiple paths can therefore win in the same epoch.

The displayed multiplier describes relative reward-pool share. It is not a guaranteed payout multiple. Actual outcomes depend on eligible bonds, protocol caps, contractions, and the epoch result.

Settled positions become claimable. Users can withdraw, compound when the next epoch accepts entry, or sit out. Exact accounting assigns integer residuals to a final claimant so the system does not accumulate stranded token dust.

If an oracle or operational precondition is not satisfied, the correct outcome is not to improvise a price. The protocol includes pause, cancellation, and restart paths governed by defined roles.