Capx
Terminal / About

Why Terminal exists.

Capx doesn't own the transaction layer. Trading happens on decentralized exchanges where liquidity, wallets, order routing, and settlement infrastructure already exist. These are mature systems with deep network effects. Competing with them on swap UX is a zero-sum game that Capx has no reason to play. Terminal reads those markets rather than operating a venue: the transaction layer is commoditized, and the value capture happens elsewhere.

What Capx does own is the narrative layer. When a founder launches an agent-run company on Capx Casa, that company generates a continuous stream of operational data: what the AI cofounder decided, which playbooks ran, how many customers arrived, what the revenue trend looks like, whether the agent team is shipping or stalling. This data lives inside the Capx engine. It is not visible on any blockchain explorer. It is not surfaced by any existing market tool. It exists in exactly one place, and Terminal is the surface that makes it legible.

This is the core insight behind Terminal: market data alone (price, volume, holders) is necessary but not sufficient. To actually understand an agent-run company, you need the operational context. You need to know whether the company behind the token is building, shipping, growing, or dying. Price charts show sentiment. Terminal shows substance.

“Price charts show sentiment. Terminal shows substance.”

The thesis behind Capx Terminal

What Terminal is. What it is not.

What Terminal is

+A read-only institutional research dashboard for agent-run companies
+Real-time market data sourced from on-chain DEX pools
+Operational intelligence from the Capx engine: MRR, agents, playbooks, decisions
+OHLCV charts with full historical data
+Holder distribution analysis with concentration metrics
+Large-trade detection and chronological trade feed
+Fully public with no login, wallet, or account required
+Bloomberg/FactSet tone: data-dense, monospaced, institutional

What Terminal is not

Not a trading venue or swap interface

Terminal has no trading functionality. It does not route orders, hold liquidity, or connect to wallets. Trading happens on external DEXs where liquidity already exists.

Not a general-purpose token explorer

Generic market tools index thousands of tokens across dozens of chains. Terminal indexes exactly the tokens launched through Capx Casa. It is narrow by design.

Not a wallet or portfolio tracker

V1 has no wallet connection, no portfolio view, no PnL tracking, no watchlists. Everyone sees the same data. Personalization is not a goal.

Not gamified

No trending badges, no flame icons, no leaderboards, no PnL screenshots, no social features. Terminal is a research tool, not an engagement product.

Not a price prediction tool

Terminal shows what is happening. It does not forecast what will happen. No buy/sell signals, no technical indicators beyond OHLCV, no sentiment scores.

Data sources and methodology.

Terminal pulls from four distinct data streams, each with different sources, refresh rates, and reliability characteristics. Every number on Terminal has a provenance chain.

Market dataRefresh: 60s price / 5min charts
+On-chain DEX pool state (primary source of truth)
+Birdeye API for OHLCV aggregation and trade feed
+RPC nodes for real-time price and reserve queries
+USD conversion using last-known close post-Feb 13

Price is the pool state, not an oracle. This means Terminal reflects the actual execution price a trader would get.

Operations dataRefresh: 5min
+Capx engine API (private, not publicly indexable)
+AI cofounder profile: name, persona, strategic posture
+Playbook run log: name, status, cost, duration, output
+Agent roster: role, output count, cumulative cost
+Company metrics: MRR, customer count, runway estimate

This data is exclusive to Terminal. It cannot be replicated by any third-party indexer because it lives inside the Capx engine.

Settlement dataRefresh: Block-level
+On-chain transaction records for every swap
+Protocol fee accumulation per token per day
+Token supply, allocation, and vesting schedules
+Liquidity pool creation and modification events

Settlement data is fully verifiable on-chain. Terminal caches it for query performance but the source of truth is the blockchain.

Derived metricsRefresh: Calculated on read
+Volume-weighted average price (VWAP) per interval
+Holder concentration: top-10 share, Gini coefficient
+Large-trade detection using configurable USD thresholds
+Shipping velocity: playbook frequency, agent output rate
+Cross-token comparison rankings and percentiles

Derived metrics combine market and operations data. They are the unique analytical layer that Terminal adds on top of raw feeds.

Design principles.

Data density is good

Terminal optimizes for information per pixel. Numbers are monospaced and tabular. Tables are compact. Whitespace is minimal. If a data point matters, it is visible without clicking, scrolling, or hovering. The goal is a single screen that tells you more about a company in 10 seconds than any other tool can in 10 minutes. We treat screen real estate like Bloomberg treats it: every pixel earns its place.

Institutional tone

No emojis, no flame icons, no trending badges, no confetti, no dark patterns. Terminal is designed for researchers, operators, and informed holders who want data, not dopamine. The visual language borrows from Bloomberg Terminal, FactSet, and institutional trading desks. The audience filters for signal. We respect that by keeping the signal-to-noise ratio as high as possible.

Capx-specific insight

The unique value of Terminal is operations data that no existing market tool has access to: AI cofounder decisions, playbook history, MRR trends, agent output, shipping velocity. This is the moat. Every design decision prioritizes surfacing this exclusive data prominently. Market data is table stakes; operations data is the reason Terminal exists.

Read-only first

V1 is purely observational. No trading, no wallets, no portfolio tracking, no social features, no user accounts. This is intentional. Terminal earns trust with transparency before adding interactive features. The read-only constraint also simplifies the security model: there is nothing to sign, nothing to approve, nothing to lose. You look at data. That is all.

Terminal architecture.

Two independent data pipelines converge in a shared cache layer. The Terminal UI reads from cache, never directly from source. This keeps latency low and source systems insulated.

Pipeline 1: Market Data
On-chain DEX pools
Birdeye API / RPC
Cache layer
Terminal UI
Pipeline 2: Operations Data
Capx Engine
Engine API
Cache layer
Terminal UI
Cache TTL: Market
60 seconds

Price, volume, and pool state refresh on a 60s cycle. Charts aggregate on 5min intervals.

Cache TTL: Operations
5 minutes

Engine data refreshes every 5 minutes. Playbook runs may appear with up to 5min lag.

Cache TTL: Derived
On read

Derived metrics (VWAP, concentration, velocity) are calculated fresh on each page load from cached inputs.

The routes.

Six routes, each designed for a specific research task. Every page is public, read-only, and requires no wallet or login.

/overview

Market Overview

All tokens in a sortable, filterable table. Price, volume, holders, market cap, 24h change, and company status. The default landing page. Auto-refreshes every 60 seconds.

MarketOperations
/t/{ticker}

Token Deep Page

Full analysis for a single token. OHLCV chart, operations panel, holder distribution summary, recent trades, and AI cofounder profile. The most data-dense page in Terminal.

MarketOperationsSettlement
/t/{ticker}/operations

Operations View

AI cofounder identity and decisions, playbook run history with cost and status, agent roster with output metrics, MRR trend, customer count, and runway estimate.

Operations
/t/{ticker}/holders

Holder Distribution

Top wallets by balance, concentration metrics, Gini coefficient, distribution curve, and change-over-time analysis. Useful for spotting accumulation or exit patterns.

SettlementDerived
/t/{ticker}/trades

Trade Feed

Chronological list of every swap. Large-trade alerts, volume-by-hour heatmap, buy/sell ratio, and average trade size. Filterable by amount and direction.

Settlement
/screen

Screener

Filter the full token list by MRR, runway, agent count, playbook activity, market cap, volume, and holder count. The only screener that filters on operations data.

MarketOperationsDerived

Explore Terminal.

The live dashboard is public and free. No login, no wallet, no account.

terminal.capx.ai