The internet let anyone publish. YouTube let anyone broadcast. Fermah lets anyone mint a market.

If it can be measured, Kernel turns it into an onchain market. The rules are locked before the first trade.

285K markets settled in 8 weeks. Backed by a16z cryptoLemniscapBalaji Srinivasan and more
ULTRAMINT Mint the market, earn the cut. Live

Mint and trade markets. Finish quests, earn USDC bonus credits.

Fermah Pay on Stellar On Stellar

Deposit once, spend per request.

Fermah Protocol The prediction market starter kit

Your own prediction market platform, live in a day.

You bring the frontend and users. We run the backend.

  • Market creation
  • Universal resolutioncore
  • Settlement
Froben ZK proof market

Any proof system, any chain.

Kernel The engine everything above is built on

Write the rule. It runs.

How Fermah fits together: Kernel is the foundation. Fermah Protocol is built on it and ULTRAMINT runs on Fermah Protocol. Froben and Fermah Pay are also built on Kernel.

  • ULTRAMINT Live

    Mint the market, earn the cut.

    Mint and trade markets. Finish quests, earn USDC bonus credits.

    Mint your market
  • Fermah Pay

    On Stellar

    Prepaid billing for agent commerce.

    Deposit once, spend per request, settle in batches so the fee stays negligible even on sub-cent charges.

    Explore Fermah Pay

Every industry loses its gate. Markets are next.

  • TV networks YouTube anyone uploads
  • Encyclopedia Britannica Wikipedia anyone edits
  • Taxi medallions Uber anyone drives
  • NowExchanges pick a few thousand markets Fermah anyone mints a market

Workflow-based resolution beats AI quorums.

AI-judge quorum compared with Fermah Kernel
AI-judge quorumFermah Kernel
ClarityDecided at the deadlineFixed before the first trade
ReliabilityWhatever search findsNamed sources, frozen at mint
Manipulation resistancePlant pages it might readMust compromise the named source

Zero to launch in one day.

We run the backendKYC & geo-blockingSettlement contractsResolutionMarket creation+You bringYour usersYour frontend
1 day
from zero to live markets
285K
markets settled in 8 weeks
100%
of trading fees stay yours
Backed by
  • a16z crypto
  • Lemniscap
  • Bankless Ventures
  • Lambda Class
  • V3locity
  • Daedalus
  • Public Works
  • ZeroDAO
  • Pops
  • LongHash Ventures
All backers
285K
Markets settled in 8 weeks
4.2M
Proofs generated

Kernel is the engine under everything Fermah runs. You write the rule; Kernel watches the data and settles onchain, with no one in the loop. Markets are just the start.

  • Perps on any number

    Trade a number over time, like monthly deliveries, revenue or season stats. Kernel computes the index from the sources, on a schedule, by a published method.

  • Money with a mandate

    Give an agent money and rules: hold 60/40, rebalance on 5% drift, at most three trades a day. Every action is inside the rules or it does not happen.

  • Insurance that pays itself

    Flight late? Stablecoin off peg? Kernel watches the source, applies the threshold, and pays out on its own. No claims desk.

  • Pay when it's done

    Bounties, milestones, ad spend. Money sits until the work is confirmed against the agreed check, then moves.

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