# Introduction Cultured: Speculate on Sentiment [Cultured Protocol](https://x.com/Cultured_RWA) is a decentralized perpetuals-based exchange innovating at the intersection of DeFi and cultural analytics. The platform enables sophisticated trading of synthetic positions based on real-time cultural sentiment, leveraging advanced AI analysis of social media, news feeds, and market data to create dynamic indices. Unlike traditional prediction markets, Cultured offers continuous trading on cultural metrics without fixed end dates, allowing users to take positions on sentiment toward public figures, brands, social movements, and cultural phenomena. The protocol's architecture supports both direct real-world data feeds and composite indices derived from multi-source sentiment analysis. Our proprietary indexing system updates in real-time, creating a responsive market environment that rewards active trading strategies and market analysis. The platform's modular design enables developers to create and deploy custom indices, fostering an ecosystem of specialized cultural metrics and trading strategies. Importantly, Cultured is not a predictions market, but instead provides indices on sentiment toward certain aspects of culture with no end date. **Key Features** 1. Focus on the Attention Economy: Cultured is designed to capture and monetize areas where people invest time and attention, not strictly event outcomes. 2. Stablecoin-Based CLP Basket: Cultured’s index uses a pool entirely of stablecoins, providing stability and reducing the risk of high volatility in comparison to asset-backed indices.
# Tie to Plume! # Roadmap ( dont really need on docs) 2024 Q4: * Mainnet Launch * Launch of Trump/Elon index 2025: * Advanced Order types: * Limit Orders * Take-Profit & Stop-Loss * Multi-Collateral: * Adding Plume tokens as collateral * More Indices * Pop Culture: Markets based on artist popularity (e.g., Kanye, Taylor Swift) determined through social media sentiment, streaming data, ticket sales, and news presence. * Political Approval Ratings: Sentiment for politicians and political parties, leveraging polling data, news mentions, social media analysis, and approval ratings. * Societal Issues: Examples include US obesity rates, crime rates in major cities, and real wage comparisons across income brackets. * Brand Sentiment: Sentiment for companies or brands (e.g., Disney, Marvel, DC), based on social and mainstream media mentions, revenue and streaming data, and market share statistics. # Community & Links Come check us out! **Website:** **App:** **Twitter:** **Discord**: **Telegram:** # Security and Audits Security and trust are fundamental pillars of Cultured's approach to decentralized perpetuals-based exchange. Through comprehensive third-party audits of our codebase, smart contracts, and system integrations, we maintain rigorous oversight of potential vulnerabilities. These regular external reviews demonstrate our unwavering commitment to providing a secure and dependable tokenization platform that meets the highest industry standards. Audited by [Zellic](https://reports.zellic.io/). * *Audit Reports*: [view here ](https://github.com/Zellic/publications/blob/master/Cultured%20-%20Zellic%20Audit%20Report.pdf)
# Contracts # Referrals Get fee discounts and earn rebates through the Cultured referral program. \ **Overview:** Go to Referral tab to create a referral code, once you have the referral code and link. Just click the **copy icon** next to it to grab your link. Now the fun part: share your link anywhere—Twitter, Telegram, you name it! Here’s what happens when someone clicks your link: 1. Your referral code gets tied to their account. 🎉 2. They get a discount on trading fees. 💸 3. You earn points every time they trade. 💰 **Trading Discount:** Currently there are 3 tiers for referrals, the more people you refer, the more rewards they would get: 1. Tier 1: * 5% discount for referee * 50/50 rebate between referee and referrer 2. Tier 2: * Requirements: * 30 Referees * Minimum volume per referee: $10 thousand * Total aggregated volume: $1 million * 10% discount for referee * 50/50 rebate between referee and referrer 3. Tier 3 * Requrements * 100 Referees * Minimum volume per referee: $10 thousand * Total aggregated volume: $5 million * 15% discount for referee * 50/50 rebate between referee and referrer **Campaigns:** From time to time, we will run campaigns to further incentivize referrals, keep an eye out for those!
# Trading **Depositing Collateral:** * Currently, Cultured V1 supports pUSD as collateral for traders, pUSD is a synethix dollar on Plume Network, users can buy pUSD directly on (website link) * On the swaps tab, traders can swap ETH/WBTC for pUSD **Opening Position:** * **Click "Long"** if you believe the index price will go up. 📈 * **Click "Short"** if you think the index price will go down. 📉 After choosing your side, simply enter the amount you want to trade and set your desired leverage. **Closing Position:** Closing your position by just hitting the **"Close"** button in the position row. You can choose to close part of it or the whole position. Any pending profits or losses will be realized based on how much of the position you close. All positions are settled in pUSD. **Liquidations:** If the loss amount is close to the collateral value of a position, then liquidation may occur. Traders are recommmended to either close the positions prior to liquidation or adding more collateral to the account prior to the liquidation price. The price used to caulcate liquidate will fluctuate due to borrowing and funding fees. When a position is liquidated, any collateral remaining after deducting losses and fees would be returned to your account. **Fees:** * Open/Close fees * Swap fees * Price Impact * Funding fees * Borrowing Fees
# Providing Liquidity CLP is the liquidity provider token for Cultured. Liquidity providers earn fees from leverage trading, borrowing fees and swaps. ### Overview[​](https://gmx-docs.io/docs/providing-liquidity/v1#overview) CLP consists of an index of stablecoin and yield generating assets used for swaps and leverage trading. The current basket of coins in CLP includes: * pUSD * nRWA * nYIELD * nTBILL It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on (total worth of assets in index including profits and losses of open positions) / supply. **Index Weight:** In incentivize there is enough pUSD to pay out profits and losses for traders, there is an optimal weight for each assets within CLP. Users might experience slippage if they deposit an asset that is currently overweight in the LP pool.
# Risk Management Risk Management Settings #### Max Leverage[​](https://gmx-docs.io/docs/trading/v2#max-leverage) As a pool’s total open interest grows, the max allowed leverage decreases. This helps protect the pool from high-leverage strategies exploiting price impact. For closing or reducing positions, your collateral won't be affected if leverage limits are hit. **Auto-Deleverage:** Since all the markets on Cultured are synthetic markets, in extreme scenarios, it is possible that the profit of long positions exceed the value of tokens in the LP pool. To avoid this scenario, ADL (Auto-Deleveraging) may take place. Auto-Deleverage will take place if the protocol has hit a threshold for leverage, in that scenario, positions maybe partially or fully closed based on profitability, position size and collateral. This ensures that the protocol will always be solvant and profits can be paid out.

# Support # Page 1