Glossary

Words we use in Marketplace docs.

Terms

Supplier: Someone who posts daily capacity as offers and earns on clears. Prefer this over seller. Avoid: Seller (except historical UI labels still named Sell)

Offer: A posted ask for a quantity of day-market capacity at a fixed cents-per-dollar price.

Clear: A matched trade: inference completes, the user is debited gross, the supplier is credited net, the fee is recorded, capacity decrements.

Day market / DIEM: $1 of inference capacity per UTC day. Unused capacity expires at midnight UTC.

Price bounds: Hard 30–80¢ band on every clear. The 80¢ cap is the minimum-20%-off promise.

Max price: A user's ceiling (30–80¢) that filters which offers the router may clear.

Platform fee: Flat 10% of gross USDC on each clear. Suppliers keep 90%.

Routable DIEM: What the router can sell now: min(remaining posted capacity, synced remaining capacity).

x402: HTTP 402 payment flow; EIP-3009 exact scheme on Base USDC for top-ups.

PZERO (token): Protocol ERC-20 on Base. Revenue-backed. Not the payment rail. Settlement is USDC.