Platform · Information Markets
Noise
Stay Relevant. · long/short perpetual contracts on trends, brands, and ideas. Paradigm-led $7.1M seed.
- Mechanism
- Information Markets
- Chain
- Base
- Status
- Live (invite-only beta)
- Founded
- 2024-03 (X @noise_xyz created Mar 22, 2024)
- Market types
- Scalar
- Audience
- Crypto-native · Quant · Power user · Retail · Generalist
- Website
- noise.xyz
- @noise_xyz
Pricing mechanism
Onchain CLOB (perpetual)
Settlement
Kaito-powered relevance oracle + funding-rate convergence (perpetual, no resolution)
Strengths
- Paradigm-led $7.1M with elite angel stack (Kain Warwick, 3lau, Jordi Hays, Yu Hu of Kaito) · both capital and distribution
- Real attention/distribution before launch · 34.7K X followers is industry-leading for an unreleased product
- Kaito oracle integration is a moat · settlement layer no other attention market has comparable access to
- Brand voice ('Stay Relevant.') and cultural curation feel real-vs-derivative · strongest non-Dekant brand in our universe
Weaknesses
- Public mainnet still unshipped as of July 2026 · invite-only beta a full year after testnet debut; the Paradigm-led seed (Jan 2026) was raised explicitly ahead of a Base mainnet launch that has not yet landed
- Funding-rate-convergence settlement on a never-resolving perp is mechanically novel but unproven at scale
- Kaito oracle is centralized · perpetual exposure to a single off-chain attention scoring layer
- 'Attention market' positioning has multiple credible rivals (Cookie.fun, Polymarket Attention, Narrative on Monad)
About this mechanism
Markets whose underlying is information itself · attention, mindshare, sentiment, reputation, narrative. The Vitalik 'InfoFi' umbrella term covers this category.