KangarooDeFi Documentation

Oracle-free sentiment markets, documented end-to-end.

KangarooDeFi prices reflect crowd conviction, not oracle-settled truth. This hub covers the AMM model, dual-liquidity architecture, creator flows, reward mechanics, and every contract detail — so you can trade, build, or integrate with full context.

Trader

Deposit USDT, get KUSD, and trade answer tokens on live sentiment markets.

Creator

Launch sentiment markets, earn creator fees, and build on-chain reputation.

Researcher

Understand the AMM model, dual-liquidity design, and manipulation resistance.

Essential Reading
Start Here
KangarooDeFi Overview
KangarooDeFi is an oracle-free, AMM-powered sentiment market. You do not bet on who wins. You trade tokens that measure what the crowd believes — and prices form entirely through on-chain liquidity, with no external oracle, no winner pool, and no forced settlement.
Dual-Liquidity Architecture
KUSD and Liquidity
KangarooDeFi separates every KUSD token into either "backed" (minted from real USDT deposits) or "virtual" (protocol-only AMM seed). This separation is what makes oracle-free sentiment markets solvent.
How Prices Form
Sentiment Pricing
Prices on KangarooDeFi are AMM-derived demand signals, not oracle-set probabilities. This page explains the constant-product model, how sentiment shares are computed, and what manipulation resistance looks like.
Getting Your KUSD Back
Redemption and Market Close
After a market closes, every answer's token holders redeem their pro-rata share of that pool's real KUSD. There are no winners or losers — just proportional return of each pool's remaining backed liquidity.
For Creators
Create a Market
Launch a sentiment market in minutes. Define a question, set 2–5 answers, choose your schedule and fee, then publish. The contract deploys all tokens, pairs, and liquidity atomically.
Participation Incentives
Rewards, Points, and Badges
KangarooDeFi rewards meaningful on-chain participation through a points system, a leaderboard, and non-transferable soulbound badges. Points accumulate from trading, creating markets, and depositing KUSD.
5 min – 90 days
Market Duration
Configurable per market
25%
Max Price Impact
Per buy and per sell trade
0%
Platform Buy Fee
No creator or protocol fee on buys
0.3%
Holder AMM Share
Pool value kept for end holders
0 – 0.5%
Creator Fee
Set at market creation
0%
Protocol Sell Fee
No protocol fee on sells