Loxley

Price discovery

What the programme shows about prices, and what it deliberately does not do.

Prices in the marketplace are set entirely by sellers. The programme records what sold and at what price, and shows that record. It does nothing else.

What is shown

Three figures appear alongside every listing.

FigureWindow
Median sale price for the tierTrailing 30 days
Last sale price for the tierMost recent completed sale
Number of completed sales in the tierTrailing 30 days

All three are drawn from completed sales only. Listings that expired or were cancelled contribute nothing.

What the figures are grouped by

Figures are grouped by tier and by nothing else. There is no per-trait index, no per-permutation history, and no figure for an individual Pal.

Two Pals of the same tier show the same three figures regardless of what they look like.

What the programme does not do

The programme does not suggest a price, does not reject a price, does not set a reserve, and does not hold inventory. There is no market maker, no automated buyer, and no mechanism that acquires Pals.

No fee, limit, or restriction anywhere in the programme varies with price. A Pal listed at 1 Treat and a Pal listed at 10,000 are subject to the same rules.

Thin data

Tiers with few completed sales produce unstable figures. Where fewer than 10 sales have completed in the trailing 30 days, the median is suppressed and the count is shown on its own.

Mythic listings are usually in this position. Treat the absence of a median as an absence of information rather than as a signal.

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