Data

Whop Terminal Spec

A real-time monitoring dashboard for the Whop ecosystem. Bloomberg for internet markets. Every data stream is a separate per-second CA micropayment. Subscribers pay only for what they're actively watching, only while they're watching it.

The Terminal is the live monitoring layer. What's moving right now, what signals are firing, what callers are executing, what markets are reacting. The Whop Explorer is the historical record. Terminal is the present moment.

Core Architecture

Stream Model

Every data feed in Whop Terminal is a separate, independently subscribable stream. Each stream is an active CA (Confidential Assets) micropayment by the second to the stream's data provider. Adding a stream starts the payment. Removing it stops the payment instantly. No subscriptions, no billing cycles, no cancellation flows.

A subscriber monitoring three streams simultaneously runs three concurrent CA payment streams:

  • ›One for BTC price feed + liquidation alerts
  • ›One for max.whop signal group live feed
  • ›One for RSI indicator live signals

All three stop independently. All three amounts are CA-private, only the subscriber and the respective providers know the per-second rates.

ACE Encryption

Terminal stream content is ACE-encrypted before WebSocket push. This means:

  • ›Non-subscribers receive useless ciphertext even if they intercept the WebSocket
  • ›Revocation is instant: when a CA stream lapses, the ACE committee stops releasing keys for that content domain
  • ›The platform cannot be "hacked" to expose premium content. The content is ciphertext in transit and at rest. The keys live in the IBE committee

Urgency Pricing

Not all moments are equal. When BTC drops 8% in 10 minutes, the per-second rate for BTC market data streams spikes automatically. The pricing mechanism:

base_rate = standard per-second rate for this stream
urgency_multiplier = 1.0 + (volatility_percentile / 100) * max_multiplier
current_rate = base_rate * urgency_multiplier

A subscriber sees their Terminal billing rate update in real time. During quiet markets: cheap. During a crash or a major news event: expensive. This creates a natural signal. If you're paying 10x the base rate, something significant is happening.

This is the Moody's NewsEdge model applied to crypto-native data: enterprise-grade information pricing that reflects the value of the information at the moment it matters.

Dashboard Layout

Monitoring Panels

Users compose their Terminal from draggable panels. Each panel is an independent stream subscription. Panel types:

Market panels

  • ›Live price chart (any Whop market. Spot + Decibel perps)
  • ›Order depth visualization (bid/ask stack, refreshed continuously)
  • ›Funding rate tracker (Decibel perps. Live funding, predicted next-period rate)
  • ›Liquidation heatmap (active positions approaching liquidation on Decibel)
  • ›Volatility gauge (real-time realized volatility vs implied)

Signal group panels

  • ›Signal caller live feed (max.whop publishes a call → it appears instantly)
  • ›Caller activity monitor (entry/exit events from .whop names being watched)
  • ›Chart replay alerts (when a chart replay clip is generated for a watched caller)
  • ›Copy trading status (your active copy relationships and their current P&L)

Indicator panels

  • ›Live indicator state (current RSI, MACD, SuperTrend readings for any deployed strategy)
  • ›Signal history (last 20 signals fired, with outcome)
  • ›Backtest vs live Sharpe comparison (live-updating as new trades execute)
  • ›Bot execution log (for indicators you've funded. Every AIP-125 execution logged)

News and analysis panels

  • ›Whop Feed latest (newest articles from creators you follow. Teaser visible, full text metered)
  • ›Breaking market news (external data sources if Whop Terminal data partnerships established)
  • ›QVAC analysis panel (AI-generated market commentary based on current onchain data)

Custom alert panels

  • ›Price threshold alerts ("BTC crosses $90K" → panel activates and logs entry)
  • ›Large liquidation alerts (any position above X USDT liquidated on Decibel)
  • ›Signal caller entry alerts (specific .whop name places a trade. Alert triggers)
  • ›Indicator signal alerts ("RSI strategy fires buy signal on BTC" → immediate notification)

The "Monitoring the Situation" Mechanic

When a market event is unfolding. A flash crash, a major news event, a large liquidation cascade. The Whop Terminal subscribers have a one-tap share capability: capture their current dashboard configuration and live state as a snapshot, share it directly to their Whop signal group.

The share contains:

  • ›Which streams they were monitoring
  • ›What the live data showed at the moment of capture
  • ›Which alerts fired
  • ›A link to their Explorer profile (so followers can see their track record)

This turns Terminal into a social product. A signal caller who shares their Terminal snapshot during a major move is showing their followers their process in real time, not just the call after the fact.

Shelby Historical Candle Data

Terminal is not just a live data product. It has a direct pipeline to Shelby CDN's historical OHLCV candle archive.

For indicator backtesting within Whop Terminal: Any Indicator Marketplace strategy visible in Whop Terminal can be backtested on-demand using Shelby's 2-year candle archive. The backtest runs via the same Monte Carlo engine as the deployment flow. 10,000 simulations, certified stats. The difference from the deployment flow: this is exploratory, not onchain certified. Used for research and parameter tuning.

For QVAC training: The Whop Terminal usage data, which streams subscribers add, which alerts they configure, how long they monitor, what they do after a signal fires. Feeds the QVAC training dataset. A subscriber who consistently adds a BTC volatility stream before major economic events is implicitly labeling what "a major economic event" looks like to a trader. At scale, this training data makes QVAC progressively better at understanding what matters.

For indicator training: Creator-controlled: if an indicator creator opts in, their strategy's live execution data (not raw position data, just signal timing and outcome) contributes to improving the indicator's parameter optimization over time.

QVAC in Whop Terminal

QVAC is available as a Terminal panel. Natural language queries over the full Whop indexed data, surfaced in real time.

Query types that work in Whop Terminal:

Historical lookup:

  • ›"What happened to ETH price the last 5 times the funding rate exceeded 0.1%?"
  • ›"Show me all times max.whop entered a BTC position in the last 6 months"

Pattern recognition:

  • ›"Which indicators tend to fire in the 30 minutes before a large BTC move?"
  • ›"What's the average PnL for signal group trades when entry-to-publish delay was under 60 seconds?"

Live synthesis:

  • ›"Is current BTC volatility in the top 10% historically?"
  • ›"Which active Whop signal callers have a profitable track record in high-volatility regimes?"

Surveillance:

  • ›"Alert me when any .whop name makes a trade larger than 5 APT notional in the next hour"
  • ›"Which vaults changed their indicator allocation in the last 24 hours?"

QVAC responses in Whop Terminal are streamed, not static. As new blocks arrive and onchain state updates, QVAC refreshes its answer if the underlying data changes. A query about current liquidity depth shows a live-updating response.

Stream Economics

Who Earns From Terminal Streams

Price feeds: Pyth oracle data is free at the protocol level. Premium Terminal price feeds (higher refresh rate, tick-level precision, predictive analytics) are priced by the Terminal infrastructure operator (Whop).

Signal group feeds: A signal caller whose live feed is included in Whop Terminal earns a per-second CA stream from subscribers watching their feed. This is a new revenue source for signal callers separate from signal group subscriptions. You earn whether or not the subscriber is a group member.

Indicator feeds: An indicator creator whose live strategy state is monitored in Whop Terminal earns from viewers. When the indicator fires a signal that Whop Terminal subscribers act on (they copy the trade), the Content Rewards 10x multiplier applies.

Whop Feed articles in Whop Terminal: When a breaking article surfaces in Whop Terminal and a subscriber pays to unlock paragraphs inline (without leaving Whop Terminal), Content Rewards attribution fires at full 5¢/paragraph rate.

Urgency Pricing Revenue Split

When urgency pricing multiplies the base stream rate, the incremental revenue above base rate distributes:

  • ›60% to the data provider (signal caller, indicator creator, news source)
  • ›40% to Whop infrastructure

This aligns incentives: providers who generate high-urgency events (a signal caller who correctly calls a volatile market) earn significantly more in those moments.

B2B Terminal

Individual traders are one audience. Institutional participants monitoring the Aptos ecosystem are another.

Any fund, protocol, or research team that wants:

  • ›Real-time visibility into Decibel open interest and funding
  • ›Signal from the Whop order flow (aggregate, not individual trades)
  • ›Indicator signal firing frequency across the ecosystem
  • ›QVAC analysis for market research

...has a reason to subscribe to Whop Terminal data streams. The per-second CA pricing model works for B2B: subscribe during market hours, stop on weekends. Pay only for the hours the research team is active.

The institutional value proposition: Whop's onchain data is public, but it's noisy and raw. Terminal processes it into signal. Liquidation alerts, funding rate anomalies, large order flow detection, QVAC synthesis. Institutional participants pay for processed signal, not raw data.

Rumble Livestreams Integration

The longer-term integration vision: Rumble livestreams and news sites on Shelby. Shelby CDN hosts Rumble video streams alongside chart replay recordings. Terminal can display a Rumble livestream (a creator doing live market commentary, for example) in a panel alongside charts, with split-screen layout.

The economics: if a Rumble livestream is gated behind a Terminal stream subscription, the ACE committee controls access. The per-second CA payment covers both the Terminal stream and the embedded Rumble stream access. Content Rewards distributes to both the Terminal operator and the Rumble creator.

This isn't core to the initial product, but it's architecturally natural given the Shelby + ACE + CA payment infrastructure.

Implementation Priority

Phase 1 (launch):

  • ›Price chart panels (Spot + Decibel perps)
  • ›Signal caller live feed panels
  • ›Chart replay alert panels (you configured a watch on max.whop, and their next chart replay fires an alert)
  • ›Per-second CA stream billing
  • ›ACE encryption of premium stream content

Phase 2:

  • ›Indicator state panels
  • ›QVAC analysis panel
  • ›Custom alert configuration
  • ›"Monitoring the situation" social share
  • ›Urgency pricing

Phase 3:

  • ›Institutional data streams (B2B pricing tiers)
  • ›Shelby historical candle integration for in-Terminal backtesting
  • ›QVAC training feedback loop from Whop Terminal usage
  • ›Rumble livestream panels
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