The NBA Player Stock Market

Trade NBA players like assets.

Every player has a price. Every game moves it. Buy the talent you believe in, fade the hype you don't, and let real performance settle the score.

$10,000
Starter tokens at launch
1%
Flat fee per side. No vig.
82
Games. Every one reprices.
Market · All Players
Prices in SportsTrader Tokens Demo preview · live at launch
Why people stay all season

Ownership, not one-night props.

A prop bet dies at the buzzer. A position compounds. Hold your guys through hot streaks, breakouts, and statement games — your conviction is the asset.

Peer-to-peer trading

You trade against real people in a live order book — never against a house. SportsTrader matches both sides, holds the stakes, and takes a flat 1% from each. That's the whole business model.

Performance drives price

Every player carries a fair value computed from real box scores. After every game finalizes, the model re-rates expectations — so the market always has a truth to argue with.

Two ways to be right

Think a player is underpriced? Buy. Think the hype outran the stats? Mint new shares into the demand and profit when reality bites. Bulls and bears both eat here.

Buy low. Sell high. Prove you know ball.
How to play

Reality settles the score.

The whole market hangs on one anchor: fair value. Learn that, and you already understand SportsTrader.

The anchor: Fair Value

Every player has one fair value, computed from real stats — nothing subjective, nothing hidden. During the season, market prices can run above or below it as traders take sides. At season's end, everyone settles at the player's final fair value. Hype can win a week. Truth wins the season.

The tug-of-war · drag the price
Buy zoneFair valueMint zone
Market price · FV $112.50
$112.50
Price sits at fair value. The market agrees with the model — for now.
Bull · the long side

Buying

Backing a player you think is underpriced.

  • Buy low before fair value climbs.
  • Back players you believe will beat expectations.
  • Sell higher during the season — or hold to final fair value.
Bear · the short side

Minting

Fading a player you think is overpriced.

  • Mint new shares into the hype when price outruns fair value.
  • Sell that new supply into demand — profit if the price falls.
  • Your collateral backs the trade if you're wrong. No surprises.
1

Find the gap

Scan the board for the spread between market price and fair value. The gap is the opportunity — the market arguing with the math.

2

Pick your side

Buy rising value or mint overpriced hype. Every order is a limit order — you set your price, the engine finds your match.

3

Exit or settle

Trade out anytime during the season, or hold to settlement at final fair value. Unrealized P&L shown in %, realized in dollars — always.

Why it stays fair

SportsTrader never bets against you. Every trade has two sides — a real person on each. The platform matches users, holds both stakes in escrow, and takes a small 1% fee from each side. When you win, you're beating another trader's read, not a bookmaker's edge.

Under the hood

One formula. Zero opinions.

Fair value isn't a vibe. It's a published pipeline from box score to price — the same math for every player, every night.

Box Score
Per-36 stats
PPI
Performance Index
× 7.5
Price scaler
Fair Value
The anchor

What the index weighs

Scoring leads, efficiency matters, and the hustle stats count. The weights are fixed and public.

PTS
30%
PER
20%
REB
15%
AST
15%
STL
10%
BLK
10%

The engine room — try it yourself

Drag a per-36 stat line and watch the index turn performance into a price.

27.5
8.0
7.5
1.3
0.6
24.0
Performance Index (PPI)
16.04
Fair Value · PPI × 7.5
$120.30
PPI = 0.30×PTS + 0.15×REB + 0.15×AST + 0.10×STL + 0.10×BLK + 0.20×PER
Stats normalized per 36 minutes. PER refreshes daily as a rolling season average.
Backtested on a real season

The 2025–26 receipts.

We ran the model's five original launch players through the full 2025–26 NBA regular season. Preseason projections set the opening price. Then a season of real box scores — per-36 stats and PER straight off the league's official record — settled the score. Check the math yourself: every line below runs through the exact PPI formula above.

Season Settlement Ledger
Per-36 + PER: Basketball Reference · 2025–26 regular season
PlayerFinal per-36 lineOpenSettleReturn
LD
Luka Dončić
PG · LAL · 64 GP
33.7 pts · 7.7 reb · 8.3 ast · 1.6 stl · 0.5 blk · PER 27.9 → PPI 18.30
$137.78Projected FV
$137.25Final FV
−0.4%
AE
Anthony Edwards
SG · MIN · 61 GP
29.6 pts · 5.1 reb · 3.8 ast · 1.4 stl · 0.8 blk · PER 27.2 → PPI 15.88
$112.50Projected FV
$119.06Final FV
+5.8%
ZW
Zion Williamson
PF · NOP · 62 GP
25.5 pts · 6.9 reb · 3.9 ast · 1.2 stl · 0.6 blk · PER 23.5 → PPI 14.15
$106.50Projected FV
$106.13Final FV
−0.3%
CF
Cooper Flagg
SF · DAL · 70 GP · ROY
22.6 pts · 7.2 reb · 4.8 ast · 1.3 stl · 1.0 blk · PER 17.8 → PPI 12.37
$89.33Projected FV
$92.78Final FV
+3.9%
JM
Jared McCain
SG · PHI/OKC · 67 GP
17.3 pts · 4.2 reb · 2.7 ast · 1.0 stl · 0.2 blk · PER 11.6 → PPI 8.67
$66.53Projected FV
$64.99Final FV
−2.3%
Opening prices are the model's preseason fair value projections. Settlement values apply the published PPI weights to each player's official 2025–26 regular-season per-36 statline and PER, scaled by 7.5. Returns shown are anchor-to-anchor; in the live market, traders could also have captured every swing in between.
The buy · bulls ate
+5.8%

Anthony Edwards put up a career scoring year — and the buyers who backed him before the season banked the re-rate.

The fade · bears ate too
−2.3%

Jared McCain's role shrank in a crowded backcourt. Anyone minting his hype at the open profited as fair value came down.

The flex · model precision
$0.53

The gap between Luka's preseason projection and his actual full-season settlement. A full season of games. Half a dollar.

What happens between games stays in the vault

Fair value doesn't sit still all season — after every game finalizes, a proprietary re-rating engine updates each player's expected PPI, reacting fast to early-season breakouts and staying steady once a player's sample is established. The inputs are public. The weights are public. The engine that moves expectations game to game is ours — and the ledger above is how we prove it works.

The honest comparison

Built to beat the book & the prediction market.

Sportsbooks price in their edge. Prediction markets resolve to a yes/no and forget you. SportsTrader was designed around what both of them lack: real ownership in a free market.

01 · Lower vig

Keep your upside

Vig — short for vigorish — is the bookmaker's built-in fee baked into every line you're offered. SportsTrader charges a flat, visible 1% per side and nothing else. Less built-in disadvantage means more of a winning read actually lands in your balance.

02 · No traditional house

No one sets odds against you

There's no desk shading lines to protect a book. Prices come from real users meeting in a free market, anchored by a public fair value. Mechanically, that's an easier game to beat than a sportsbook's model — your edge is your read, not your luck against theirs.

03 · Ownership, not props

Conviction compounds

You're not betting a yes/no that vaporizes at the final buzzer. You own the player. Every strong game, usage spike, and breakout moment accrues to your position — all season long. Long-term conviction is finally a strategy, not a tweet.

04 · Genuinely immersive

The season gets personal

Owning a player changes how you watch. Matchups matter, minutes matter, the fourth quarter matters. You get ongoing exposure to their journey — news, form, momentum — instead of a single sweaty outcome.

SportsTrader Sportsbook Prediction market
Who you trade againstReal users, P2PThe houseMixed pools
Built-in edge against youNone — 1% flat per sideVig in every lineSpread + fees
What you holdA position you ownA ticket that expiresA yes/no contract
Time horizonAll seasonOne gameUntil resolution
Can you exit early?Anytime, at marketRarely, on their termsIf liquidity exists
Price anchorPublic fair value modelHidden book modelCrowd sentiment
Questions, answered straight

FAQ

Not at launch. SportsTrader runs on SportsTrader Tokens — a virtual currency where 1 Token represents $1.00 of virtual value. You'll start with $10,000 in Tokens, trade with zero financial risk, and prove your read on the league before anything real is ever on the line.

Two forces. First, supply and demand: real users buying and selling in a live order book. Second, the model: after every game finalizes, the player's fair value updates based on their actual performance, and the market re-anchors around it. Hot streaks lift fair value; slumps drag it down.

Minting is the bear side of the market. When you think a player's price has outrun their fair value, you mint new shares — priced just above fair value — and sell them into the hype. You post collateral that backs the trade, so if you're wrong, the buyer is fully covered. If you're right and the price falls back to reality, you buy back cheaper and keep the difference.

Settlement. Every open position cashes out at the player's final fair value — the model's verdict after a full season of games. During the season, hype and momentum can push prices anywhere. At settlement, the truth wins.

A flat 1% per side on each fill, taken from both the buyer and the seller. That's it — no vig hidden in the price, no spread games, no withdrawal nonsense. The fee is how the platform earns; the prices belong to the market.

No. Long positions can never lose more than what you paid. Short (minted) positions are fully collateralized when you open them — the system holds your backing up front, so there are no margin calls and no surprise debts.

The MVP uses virtual tokens only — no deposits, no payouts, no real-money risk. It's a skill-driven market game: prices are set by users and anchored by a transparent statistical model. This site is an educational overview, not financial advice.

Coming soon · iOS & Android

Get in early on the future of sports trading.

Founding traders get first access at launch — and a head start on everyone who's about to find out their takes have a price.

Launch bonus: $10,000 in SportsTrader Tokens
You're on the list. Welcome to the floor. 🎉
Virtual currency only. No purchase, no deposit, no real-money wagering.