What are unique markets?

Uniques are high-growth, alternative assets that are only available on Morpher. Uniques let you invest in what you know and love - leveling the playing field for everyday investors. These markets are made possible with the Morpher Protocol, enabling us to turn any data into investable markets.

NFT collections, watch models, sneakers, and football markets are just four types of unique markets, with many more assets to come.

What is the waiting time for trades?

Unique markets require one extra validation before trades execute. After placing your trade, we wait for the next price update. You do not have to take any additional steps, your trade will always execute automatically.

The expected wait time is less than one hour, but most trades should execute after several minutes. Sometimes, the wait time is longer on slow market days (Sundays). It can also take longer for exclusive NFTs like CryptoPunks, and watch Indices since these markets move less often.

For unique markets, you can cancel a trade even after submitting it. You have full control over your order until the price update arrives.

Keep in mind, wait time does not apply to stop loss or take profit. Once a stop loss or take profit hits the limit price, it executes without delay.

Can unique markets be shorted?

Sorry, short selling is not supported for unique markets right now. We are actively exploring making this possible in the near future. However, you can short sell every other type of market on Morpher. That includes stocks, cryptocurrencies, commodities, forex, and indices.

Do unique markets support leverage?

Leverage (magnifying your position 1.1-10x) is not currently available for unique markets right now. We are actively exploring making this possible in the near future.

NFTs

NFTs are the ultimate collectible. Their scarcity and exclusivity contributes to their high prices. Like any high return investment, NFTs can also be high risk.

Luckily on Morpher you invest in the price movement of an entire collection - not just one artwork. Each NFT market is built to represent an entire collection, which usually contain over 10,000 individual artworks. For example, where more Bored Apes start selling at higher prices, the BAYC market price rises.

The best digital artworks, the NFTs that fetch the highest prices, are just too expensive to buy yourself. Morpher lets you invest in the best no matter the size of your bank account.

The benefits of trading NFTs on Morpher

Earn the best NFT returns by only investing in blue-chip crypto art collections.
Buy million dollar NFTs with $1. Invest without being limited by the size of your bank account.
Get exposure to an entire NFT collection. Avoid the risk of individual artworks becoming unpopular and losing value.
Trade 10,000+ artworks with one-click, it doesn't get easier.

How is the price determined?

The market price of NFT collections on Morpher is a variation of the popular “floor price”. The floor price is the price of the cheapest NFT artwork in a collection. Both the price, and which artwork is the cheapest, change over time. It’s a simple way to benchmark the changing value of an NFT collection.

Prices for NFT collections on Morpher are derived from a basket of the cheaper artworks. This creates a more robust price that is designed to follow the trend of the entire NFT collection. As interest in Bored Apes grows, the entire collection becomes more valuable, and the market price rises.

What about drops and exclusives?

Investing in NFT collections on Morpher does not support drops, exclusives, or other ownership perks.

Like all markets on Morpher, NFT collections are also virtual markets. This means you do not own the underlying NFT, but instead are rewarded based on the performance of your investment.

Watch Markets

Over the last 10 years market values of many notable watch models eclipse their retail prices, birthing a “grey market”, or secondary market, for wristwatches where demand outpaces supply.

Certain watch brands are more liquid than others and can offer a form of a value store or serve as speculative investments. The value of luxury wristwatches fluctuates greatly due to a number of factors, and traders can take advantage of that on Morpher.

On Morpher, the watch indices track the secondary markets for some of the world’s most iconic watch models, from the leading watchmakers. Relying on real-time verified sales data from another source, we are able to offer our users exposure to a recently emerging niche through price indices. Morpher’s goal is to allow users to stake in markets that were previously accessible only to the wealthy and elite.

Benefits of trading watch markets on Morpher

Earn returns by investing in the most sought after watch models.
Invest in Watches worth thousands of dollars with just $1. Invest without being limited by your bank account.
Gain exposure to notable watch models

What do these markets represent?

These markets represent an average price for a group of select variants of a specific watch model or design. This gives you a similar exposure to the watch market as you would have if you owned the particular watch model.

How is the price determined?

We use verified after-sales data from a number of reputable sources (relying on dealer and peer transactions) to calculate a weighted price index for select models. For example, the Rolex Submariner index takes into account the sales of references: 116610, 14060, 126610, and 124060.

Sneaker Markets

In recent years, the sneaker market experienced a surge in hype and popularity, resulting in a lucrative market. The sneaker resale market is now worth over $10 Billion and is growing fast. Sneaker enthusiasts now view sneakers as art and a showcase of exclusivity. As a result, the market has grown exponentially leading to sneaker resales skyrocketing. Highly sought after releases sell-out within minutes leading to inflated prices on the secondary market.

Our unique markets let you invest in a piece of sneaker culture. By tracking the real-time price of sales across the web, we allow our users to invest in expensive sneakers, just like stocks. More importantly, you no longer have to compromise on which sneakers to buy. On Morpher, you can add $5,000 sneakers to your portfolio with as little as $1.

Why trade sneakers on Morpher?

No need to compromise which sneaker to buy; invest in a whole sneaker collection with as little as $1.
The sneaker markets are growing fast due to high demand.
Invest in the most sought-after sneakers and get in on the hype.

How is the price determined?

Each sneaker market is a weighted price index representing a collection of several sneaker models. Only the best, most interesting, and highest-potential sneaker models were picked for each collection. This means that you can trade your favorites without risking everything on just one model/shoe.

For example, the Air Jordan 1 High market follows the price of these SKUs: 555088-101, CN8607-002, DH3227-105, CD4487-100, AQ0818-100, AQ0818-148, 555088-602, BV1300-106 and DC3481-900.

We track the price of the actual shoe models during sales across the web. This includes resale values posted by trusted sellers and brands. Using real-time verified sales data from multiple sources, we are able to offer one reliable price for each sneaker model. Finally, we package those sneaker models into one virtual market to achieve super liquidity.

Football Markets

Football is more than just a game; it's an investment opportunity in a billion-dollar industry. With Morpher, you can now invest in legendary teams like Real Madrid, Barcelona, Man United, Bayern Munich, and PSG.

What are Football Markets

Our football markets use the ELO rating system to give you a unique opportunity to monitor and invest in the real-time performance of legendary clubs, just like blue-chip stocks. You can invest as little or as much as you want in your favorite team and profit from their success on the field.

Listed teams include:
FC Barcelona (BAR)
Juventus (JUV)
Liverpool FC (LIV)
Manchester United (MAN)
Paris Saint-Germain (PSG)
Real Madrid (RMA)

In traditional sports betting, a wrong bet could wipe out your funds, whereas Morpher football markets offer a more strategic way of investing in the long-term performance of top-tier clubs. This isn't just about predicting a single game's outcome; it's about capitalising on a team's trajectory over time.

Benefits of Trading Football Markets:

You don’t have to lose all your funds over one bad bet.
Zero commissions and narrow spreads (< 0.1%).
The charts reflect and move with every change on the pitch.
No bookmaker to bet against you.
No complicated odds.

Frequently Asked Questions - FAQ

Why is the latest match missing?

At the moment, we only track major international events for the top professional leagues. For example, with English teams, we track Premier League games but not FA Cup or EFL Cup games. We currently include live matches from the following leagues: Champions League, Europa League, Premier League (England), La Liga (Spain), Serie A (Italy), and Ligue 1 (France).

When teams play games outside of these leagues, their market price on Morpher may still go up or down. However, usually, this change is very slight compared to the games in supported leagues.

Why is the price up/down right now?

There are a couple of reasons you could see a price movement when you’re not expecting one. For example, when a match ends in a draw, the market price can still go up and down. A draw against a much weaker team is a bad outcome, so the price will fall. A draw against a stronger team is a good signal, and the price may rise.

Sometimes prices move even when there are no live matches. This can be driven by important news about the team, or by the team’s performance in other leagues and competitions. Anything that changes a team’s prospects can affect the price.

How is the price determined?

Our football markets use a unique version of the ELO score to determine the value of each football club. This unique ELO score isn't just a static number; it's a dynamic reflection of a team's strength and performance factoring in variables such as match outcomes, goal differences, quality of opponents, and even away game performances.

Furthermore, by tracking all teams' matches in real-time, we can instantly update and adjust the ELO score, ensuring the market value is always in sync with the latest results. So, for instance, if Real Madrid wins several games against top-tier teams, their ELO score, and, as a consequence, their market value, will go up.

Updated on: 16/05/2024