How AthX Works

What is AthX?

AthX is a sports trading platform where you can buy and sell shares of professional athletes and teams. Prices change over time based on real performance and market activity, and eligible holdings can earn dividends and bonuses.

Think of it like the stock market, but for sports. Your portfolio value changes as athletes and teams perform, and you can trade shares within the rules of the platform.

Trading

Buying Shares

  • Standard users pay a small buy fee; AthX Pro buys are fee-free
  • Minimum purchase: 0.01 shares
  • Shares are fractional - you can own 1.5 shares, 0.25 shares, etc.
  • Available shares decrease when you buy (supply/demand)

Selling Shares

  • Fees apply and are always shown before you confirm a trade
  • Standard users: manual sell fee is typically ~3% (may vary)
  • AthX Pro users: 2% baseline on manual sells (some events may reduce)
  • Free shares cannot be sold manually (only via force-sell)
  • Available shares increase when you sell

Trading Power

  • 20x multiplier: Deposit $1 USD = 20 AthX$
  • Minimum deposit: $10 USD
  • Maximum deposit: $100/month (increases with account age and AthX Pro status)
  • Withdrawals: Minimum $10 USD (20 AthX$ = $1 USD)

Pricing System

How Prices Move

Prices are updated based on two main inputs:

  1. Performance: Prices are influenced by fantasy points earned over the season
    • Assets can move up or down depending on performance
  2. Market activity: Buying pressure and selling pressure can influence price
    • Higher demand can push price up; higher selling pressure can push price down

IPO Period

  • New assets may start with a 3-day IPO (Initial Public Offering)
  • Price is fixed during IPO at the IPO price
  • IPO price = projected points for rest of season
  • After IPO ends, price becomes dynamic
  • Trading is allowed during IPO at fixed price

Price Bounds

  • Minimum price: $0.01 (floor)

Dividends

Monthly Dividends

  • Rate: 1% of holding value per month
  • Holding Period: Must hold shares for 30+ days
  • Performance Requirement: Player must be "on pace" (performing at or above purchase price pace)
  • FIFO Tracking: Uses First-In-First-Out lot tracking
  • Payment: Credited to your AthX$ balance monthly

On-Pace Requirement

A holding is eligible when it meets the platform’s “on pace” requirement. Eligibility is determined automatically and shown in-app.

Bonuses

Diverse Holdings Bonus

  • Requirement: Hold 10+ full shares (1.0+ shares each) of different assets
  • Standard users: 0.25% of total portfolio value monthly (3% annually)
  • AthX Pro users: 0.50% of total portfolio value monthly (6% annually)
  • Payment: Credited on the 1st of each month
  • Portfolio value = holdings value + cash balance

Signup Bonus Shares

  • Regular users: 1 free share at signup
  • Free shares are selected from available marketplace
  • Free shares cannot be sold manually (only via force-sell)
  • Free shares count toward bonuses and dividends

Fees

Trading Fees

Buys

Standard users pay a 0.5% buy fee. AthX Pro users pay 0%.

Sells

Manual sell fees vary for standard users (typically ~3%). AthX Pro users have a 2% baseline manual sell fee. All fees are shown before you confirm.

Other Fees

  • Deposits: 3% processing fee to cover Stripe fees (shown at checkout)
  • Withdrawals: No fee (Stripe may charge small processing fee)
  • Auto-sells / Force-sells: 2% fee (standard) or 1% fee (AthX Pro)

IPO Process

How Assets Enter the Market

  1. Eligibility: Asset becomes tradeable when it meets the platform’s eligibility rules (varies by sport)
  2. Projection: Fantasy points projection calculated
  3. Tier Assignment: Asset assigned a tier
  4. IPO: 3-day fixed price period begins
  5. Live Market: After IPO, price becomes dynamic

IPO Price Calculation

IPO price = projected fantasy points for the rest of the season

Force Sells

When Force Sells Happen

  • Roster Removal: 10-day window after an athlete is removed from eligibility (sport-specific)
  • Long-Term Inactive: Certain long-term inactive/injury designations can trigger force-sell (sport-specific)
  • End of Season: Season-based assets are force-sold the day after the championship game (sport-specific)
  • Off-Season: Some assets may be unavailable during the off-season (sport-specific)

Force-Sell Payout

  • Payout is credited to your AthX$ balance after applicable fees
  • Free shares are also force-sold (same payout calculation)

AthX Pro

Benefits

  • No buy fee: 0% on buys
  • Manual sell fee: 2% baseline
  • Auto-sell fee: 1%
  • Higher Deposit Limits: +$50 per tier
  • Advanced Charts: 30-day, 60-day, and all-time portfolio charts
  • Diversity Bonus: 0.50% monthly (vs 0.25% standard)
  • Priority Support: Faster response times
  • Exclusive Content: Access to AthX Education Academy

Pricing

  • Monthly: $9.99/month
  • Annual: $89.99/year
  • Cancel anytime - benefits last until current period ends

Fantasy Points

Scoring varies by sport. Below is the current baseball scoring used for the 2026 launch.

Batters

  • Single: 1
  • Double: 2
  • Triple: 3
  • Home run: 4
  • Run: 1
  • RBI: 1
  • Walk: 1
  • Hit by pitch: 1
  • Stolen base: 2
  • Caught stealing: -1
  • Strikeout: -1
  • Error: -1
  • GIDP: -2

Pitchers (Baseball)

  • Innings pitched: 3 per inning (prorated for partial innings)
  • Win: 2
  • Loss: -2
  • Quality start: 2
  • Complete game: 2
  • Shutout: 2
  • Hold: 5
  • Save: 5
  • Strikeout: 1
  • Earned run: -2
  • Hit allowed: -1
  • Home run allowed: -2
  • Walk allowed: -1

Teams

  • Win: 3
  • Loss: -1
  • Runs scored: 2
  • Runs allowed: -1
  • Some team events may award one-time bonus points (shown in-app when applicable)

Special Events

  • Some special events can award bonus fantasy points
  • Event rules (if active) are shown in-app when they apply

Key Rules

Trading Rules

  • Assets must be eligible for trading (availability varies by sport, season timing, and status)
  • Some assets may be temporarily restricted due to roster/injury/inactive designations (sport-specific)
  • New assets may be tradeable during IPO at a fixed IPO price
  • Free shares cannot be sold manually

Pricing Rules

  • Prices update over time based on performance and market activity
  • IPO prices are fixed for 3 days

Dividend Rules

  • 30-day minimum holding period
  • Asset must be "on pace" (performing at purchase price level)
  • 1% monthly dividend on qualifying holdings
  • FIFO lot tracking (oldest shares qualify first)
  • Dividends paid monthly on the 1st

Getting Started

  1. Sign Up: Create your account (receive 1 free share!)
  2. Deposit: Add funds ($10-$100/month, 20x multiplier = AthX$)
  3. Browse Marketplace: Find athletes and teams you want to invest in
  4. Buy Shares: Purchase shares at current market price
  5. Hold & Earn: Earn dividends and bonuses for holding
  6. Trade: Buy and sell within the platform rules
  7. Withdraw: Withdraw available USD (minimum $10 USD)