define the composable instrument standard

AGENTS.md

@@ -6,10 +6,11 @@ govern — read the relevant one before touching that directory.
 
 ## What This Repo Is
 
-Strike is a prototype perpetuals DEX on Sui: a central-limit orderbook with
-leveraged, margin-backed orders, USDC collateral, and ByBit-style liquidation
-math (see [docs/margin.md](docs/margin.md) and
-[docs/liquidation.md](docs/liquidation.md)).
+Nth Market is a prototype permissionless orderbook protocol for composable
+financial instruments on Sui. Its current code is a central-limit orderbook with
+early perpetual-specific margin and liquidation work; the generic instrument
+architecture is specified in
+[ADR 02](adrs/02-composable-instrument-standard.md).
 
 | Directory    | Contents                                                                 | Standards                                  |
 | ------------ | ------------------------------------------------------------------------ | ------------------------------------------ |

README.md

@@ -1,4 +1,12 @@
-# Strike Finance
+# Nth Market
+
+Nth Market is a permissionless orderbook protocol for composable financial
+instruments on Sui. A shared matching kernel supports instrument-defined
+positions, collateral, carry, settlement, and liquidation without embedding
+those economics in the orderbook.
+
+The protocol is being specified in
+[ADR 02](adrs/02-composable-instrument-standard.md).
 
 ## Project structure
 
@@ -9,18 +17,10 @@
 
 ## Getting started
 
-Configure git to handle large repositories:
+Clone the repository:
 
 ```sh
-git config --global http.postBuffer 524288000
-git config --global http.lowSpeedLimit 0
-git config --global http.lowSpeedTime 999999
-```
-
-Clone the repository with submodules:
-
-```sh
-git clone --recurse-submodules https://github.com/dataclique/strike.git
+git clone https://github.com/dataclique/nth.git
 ```
 
 Set up the development environment:
@@ -55,38 +55,6 @@ Running tests:
 sui move test
 ```
 
-## Backlog
-
-- [ ] Come up with a different name (there's already a "Stryke" options
-      platform)
-- [ ] Connect Pyth price feeds to the UI
-- [ ] Display the price of an underlying asset (e.g. SOL/USDC)
-- [ ] Connect SUI wallet to the UI
-- [ ] Implement a CLOB (Central Limit Order Book)
-
-## Market Research
-
-### Existing Decentralized Crypto Options Platforms
-
-- [Derive](https://www.derive.xyz/)
-- [SynQuote](https://www.synquote.com/options/BTC)
-  - Seems like more or less the same as derive
-- [Stryke](https://www.stryke.xyz/en/dashboard)
-  - Has options for a wider range of tokens, that's nice
-- [Hegic](https://www.hegic.co/app#/arbitrum/trade/new)
-  - Has some nice UI elements, I gotta take note of that
-- Cega (deprecated)
-  - Had exotic options, which is interesting, but i only see vault stuff in the
-    app. i guess i gotta look into that more
-
-### Existing Centralized Crypto Options Platforms
-
-- [CoinCall](https://www.coincall.com/)
-  - Seems like the only place where you can trade SUI options currently
-- [Binance](https://www.binance.com/en/futures/BTCUSDT_PERP)
-- [Bybit](https://www.bybit.com/en-US/option/BTC)
-- [Delta](https://delta.exchange/)
-
 ## Dev Resources
 
 - [Sui Guides](https://docs.sui.io/guides)
@@ -96,27 +64,3 @@ sui move test
 - [Stork Price Feeds](https://docs.stork.network/resources/asset-id-registry)
 - [Supra Price Feeds](https://supra.com/data)
 - [The Move Book](https://move-book.com/index.html)
-
-## Miscellaneous
-
-### Cool TLDs (top level domains)
-
-- \_.land
-- \_.finance
-- \_.money
-- \_.cash
-- \_.fund
-- \_.xyz
-- \_.fun
-- \_.club
-- \_.house
-- \_.studio
-
-### Brand/Domain Name ideas
-
-- theta.land
-- payoff.studio
-- volatility.studio
-- scholes.house
-- drisk.finance
-- spread.finance