Sway
Sway

FAQ


What makes Sway different from everything else?

Sway introduces a new financial primitive.

Instead of trading assets or copying strategies, you're able to:

  • Express belief
  • Coordinate with others
  • Capture value from narratives

It's a shift from markets of assetsmarkets of ideas.

Is this like prediction markets?

No. Prediction markets are about forecasting specific outcomes (e.g. "Will X happen?").

Sway is about trading narratives in real time.

Instead of waiting for a final resolution, you can go long or short on how a story evolves — as sentiment, news, and attention shift.

It's less about binary outcomes, and more about continuous expression of conviction.

What exactly is a "narrative"?

A narrative is a market-driven story or theme, which is something participants collectively believe will influence price.

Examples:

  • "AI tokens outperform this quarter"
  • "ETH ecosystem gains dominance"
  • "Memecoins are cooling off"

Narratives are how markets make sense of information. Sway turns them into something you can act on.

Is this just social trading?

No.

Social trading is about copying people.

Sway is about coordinating around ideas.

It's not "follow a trader" but being a participant or creator in a narrative.

How is this different from perps?

Perps are tied to the price of a single asset.

Sway introduces a new primitive: narrative markets, where positions are based on ideas, themes, and market stories that can span multiple assets.

You're not just trading price. You're trading why price moves.

Can I lose money?

Yes.

If the narrative you back loses traction, shifts direction, or the market moves against your position, you can incur losses.

Sway gives you new ways to express conviction but like any market, risk is part of participation.

How do I benefit from using Sway?

There are two primary ways participants derive value on Sway:

As a participant

You engage by identifying and acting on narratives early — or reacting faster than others.

  • Go long on narratives gaining momentum
  • Short narratives that are losing traction
  • Follow emerging or trending ideas before they peak

If your view aligns with how a narrative evolves, your position may increase in value as participation grows or sentiment shifts.

As a creator

You contribute by creating narratives that attract attention and participation.

  • Launch narratives that others find compelling
  • Shape market attention and direction
  • Participate in the activity generated around your narratives

The stronger your ability to identify and frame narratives that resonate, the more engagement and participation your narratives may attract.

Do narratives expire or resolve?

Some do, but not all.

Unlike prediction markets with fixed endpoints, narratives can:

  • Evolve
  • Lose relevance
  • Transform into new narratives

Sway is designed for fluid, ongoing markets, not just fixed outcomes.

Do I need to be an expert trader or KOL?

No. This is the beauty of Sway.

It is built to be a permissionless exchange where participants can create, shape, and trade narratives.

The best narratives naturally attract liquidity and attention.

Why charge Fees?

Fees are the engine that keeps our network resilient and evolving.

They are reinvested directly into:

  • Market infrastructure and execution
  • Protocol security and signal integrity
  • Continued development of new primitives and features

More importantly, fees ensure the platform remains aligned, sustainable, and continuously improving.