MARKET
Metering
How MEAL meters MARKET operations.
Every call on MARKET is metered through MEAL across three dimensions and may be settled across organizations through MADE.
Per-operation profile
| Operation | Tokens | Seconds | Watts |
|---|---|---|---|
asset_genesis | yes | yes | yes |
create_order | yes | yes | yes |
modify_order | yes | yes | yes |
cancel_order | yes | yes | yes |
create_bounty | yes | yes | yes |
query_orderbook | yes | yes | yes |
execute_trade | yes | yes | yes |
trade_history | yes | yes | yes |
Rate card
MARKET is an agent kind — heavy on tokens and watts. Standard multipliers apply unless the tenant has a Sovereign-tier override.
| Dimension | Base rate | Multiplier on MARKET |
|---|---|---|
| Tokens | $3.00 / M tokens | 1.0× |
| Seconds | $0.018 / second | 1.0× |
| Watts | $0.42 / kWh | 1.0× – 1.2× |
Runway enforcement
MANA::budget is consulted at Stage 5. If the tenant's runway is below threshold for any required dimension, PolicyDenied { reason: "runway exhausted" } is returned — the call never reaches MARKET.
Settlement
Cross-organization calls settle via MADE on the rail declared in the active MOAT treaty. MEAL::reconcile cross-checks metered events against settled payments nightly.