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Memo 0x4d4a36c4…3f44ba on Ethereum

# FEY - Trade with superpowers [![Watch the intro video](https://hackmd.io/_uploads/BJXruXMvze.png "https://www.youtube.com/watch?v=FiPv16LQEPM")](https://www.youtube.com/watch?v=FiPv16LQEPM) Authored by [Sam](https://x.com/SamScolari) & [Wiz](https://x.com/0xWiz_) **TLDR** We are looking to partner with Nouns on the launch of [FEY](https://fey.trade), our new agentic trading app that reimagines what market participation looks like as AI becomes the interface for everything, including finance. With this partnership we are requesting **$360,000** to help fund the launch and growth of the product. In return, we want to give the DAO a stake in the upside by committing 30% of our entire trading fee revenue to purchase up to **$540,000** worth of Nouns at auction. Additionally, we plan to tastefully include information about Nouns and its branding throughout the FEY experience: - Make the default profile pic for accounts a random Noun - "Funded by Nouns" branding in app and website - Regular inclusion in FEY marketing material ![Funded by Nouns](https://hackmd.io/_uploads/Hkn_vMMDGe.png) FEY is currently in private beta. Join the [Discord](https://discord.com/invite/feytrade) or DM [@feytrade](https://x.com/feytrade) on X for access. We will prioritize access for members of the Nouns community. ## Why and How it works We have spent the past few years working closely with frontier AI models, using them to build real products and long running systems. That experience changed our view of what software can do. The best models are no longer just tools that answer a question. With the right environment, they can observe, reason, and keep working toward a goal. We started asking what that would look like for participating in markets. Trading moves quickly, reacts to the world, and rarely fits a fixed workflow. A useful trading agent needs to understand what is happening, decide what to watch, and return when something changes. FEY is built around that idea. It gives an AI a live trading environment, with market data, portfolio context, and the ability to act within the limits a user approves. Instead of only responding when prompted or running on a simple schedule, FEY can react to the market itself. That is why FEY feels alive, and why trading with it feels like **trading with superpowers.** ![FEY Overview](https://hackmd.io/_uploads/r1Uz7MGDGx.png) ## Use Cases The following example shows how FEY can adapt to the user, the market, and the context of a conversation during a volatile moment. ### Buy the sell off, not a falling knife FEY monitors live market conditions and interprets them in real time to decide when there is a defensible basis for a trade. Rather than waiting for a scheduled check or reacting to a single trigger, it can recognize higher order signals, like a bullish divergence as it forms, and use them to identify shifts in momentum or signs that a selloff is losing strength. ### A DCA that can think FEY can start building a position over time. Instead of a fixed schedule, FEY can look at more than just the chart, including market news, upcoming events, and how related markets are moving, before choosing how to enter. It's a DCA that can think. ### When the trade changes FEY is designed to work with the way you trade. You tell it what matters: a position, a market, a level, or a risk you are watching. It turns that conversation into the conditions it should monitor in the background and returns when something meaningful changes. Over time, you can build your own edge around the signals, ideas, and strategies that matter to you. ## Market Onchain trading and prediction markets are already large, and they are growing quickly. - HIP 3 monthly volume grew from roughly $756 million in October 2025 to $62.5 billion in May 2026. - Lighter grew from $138 million to $39.8 billion over a similar period. - Combined Kalshi and Polymarket volume rose from under $1 billion in July 2024 to $23.8 billion in April 2026. ![Monthly volume for onchain trading and prediction markets since June 2024](https://hackmd.io/_uploads/BkqWzMfDMe.png) *Monthly volume in USD from June 2024, Sources: Hyperliquid public API, The Block/DefiLlama, Pew Research Center/The Block.* Market participants are becoming more informed, more active, and more willing to manage their own financial exposure. They need tools that give them the same kind of advantage Codex gives software developers: a capable agent that can understand what is changing and help them act. **FEY is built for that world.** It gives users a frontier model inside a live trading environment, with real time market data, a full computer, persistent storage, and the ability to create new tools as the situation demands. It is not limited to a few fixed trading workflows. **FEY is an always on trading assistant for people who want more control over their investments.** ## Team ![Sam and Wiz](https://hackmd-prod-images.s3.ap-northeast-1.amazonaws.com/uploads/upload_026b64216804f467338a6f533cbc3b91.gif?AWSAccessKeyId=AKIA3XSAAW6AWSKNINWO&Expires=1787081040&Signature=QgTIwzuak7akiC5jF7RjA3b6amc%3D) We have both been part of Nouns since the early days, and we have worked together for years. Wiz's contributions include: - Wiz started WizardsDAO, which accumulated 15 Nouns from its treasury and participates in Nouns governance. - [Plutocats](https://plutocats.wtf/), a fair launch DAO with [staking](https://x.com/plutocatswtf/status/1797694691250684242?s=20) and a revenue model built around stablecoin yield and membership NFT trading fees. - His [open weight model for generating art with Noggles](https://huggingface.co/realwiz/noggles) has been downloaded more than 25,000 times. - He passed [Federation, Proposal 229](https://www.nouns.camp/proposals/229), which experimented with applying ideas from [Radical Markets](https://www.amazon.com/Radical-Markets-Uprooting-Capitalism-Democracy/dp/0691196060/) to Nouns governance. Sam also contributed to Federation along with many other [projects](https://x.com/SamScolari/status/1701655617922810109) in the Nouns ecosystem such as Art Haus, Hack Week, and most notably [nouns.gg](http://nouns.gg/) which itself has reached over 21k users. ![projects](https://hackmd.io/_uploads/ryYwXmGwfe.png) Before FEY, we also built Fey Protocol, a token launchpad. As frontier models became capable enough to work inside a live trading environment, we saw the chance to build something with a larger impact. We refreshed the brand and shifted our focus to giving AI the tools to understand and participate in markets. ![Twitter header - 9](https://hackmd.io/_uploads/BJ0aImfwMl.png) ## Revenue Structure Right now, FEY generates revenue from a monthly subscription and the following trading fee rates: | Plan | Perps | Spot | | ---- | ----- | ----- | | Free | 0.10% | 1.00% | | Pro | 0.01% | 0.50% | We are launching with support for perpetual and spot trading through [Lighter](https://lighter.xyz/), and we expect to integrate more ways to trade in the future such as: - Prediction markets - Onchain tokens & NFTs - Tokenized Stocks & RWAs These markets can support higher trading fees and create additional revenue beyond perpetuals. As we expand the number of assets users can trade trade, the amount of revenue that can flow back into Nouns increases. ## Ask We are seeking a $360,000 grant to accelerate FEY through launch, half upfront and another half streamed over the next 6 months. The grant will fund product development, security audits, and the systems needed to operate a realtime trading product at scale. ### Why This Amount FEY is a real business, and the highest leverage use of capital will change as we move through launch, learn from users, and scale the product. We are not asking Nouns to fund a fixed line item budget. We are asking for the runway to invest where it matters most: product, security, infrastructure, and distribution. The purpose of this grant is to give FEY the flexibility to reach product market fit and scale when the opportunity is there. ![FEY](https://hackmd.io/_uploads/S192HQzvMg.png)fey---trade-with-superpowers