rug/run docs
Binary prediction markets on Bags-launched memecoins. Native SOL, CPMM AMM, zero platform rake.
Launch appWhat is rug / run
rug / run is a binary prediction market on Solana, built around Bags-launched memecoins. You bet native SOL on whether a fresh launch will rug (drop ≥ 80% within the market window) or run (survive). The pool is a real CPMM (x·y=k), so prices move continuously and you can exit before resolution — no parimutuel lockup.
Why it matters
Memecoin launches generate the most intense directional conviction in crypto, and the least infrastructure to express it. rug / run turns that conviction into a tradable, continuous market — with a public trade feed that doubles as a whale-signal aggregator for the Bags ecosystem.
What's different
- Real AMM, not parimutuel. CPMM (x·y=k), continuous P&L, exit before resolution. No "locked until settlement" UX tax.
- Simple fee model. 50 bps per trade, fully retained in the pool as LP yield. Zero platform rake.
- Full-collateral invariant. Vault solvency is provable at any slot:
vault ≥ max(yes_reserve + rug_traders_total, no_reserve + run_traders_total). - Zero platform rake. We take nothing. The 50 bps is the full fee schedule.
Where to next
- Quickstart — connect a wallet and place your first trade in 60 seconds.
- Markets & resolution — how a market opens, ticks, and resolves.
- Liquidity & bias — how the bias slider works and what it means for LP payouts.