Your unfinished novel is an asset class.

Slush is the regulated exchange for manuscripts that will never be read. List your draft. Short your writing group. Earn yield on the rejection letters you were keeping anyway.

Open an account View the trading desk

Capital at risk. Your novel was already at risk. Slush is not a broker, a publisher, or a substitute for finishing the book. Past rejection is the strongest available indicator of future rejection.

Three instruments. One regrettable habit.

FIG. 01 — PRODUCTS

01 / FUTURES

Manuscript futures

List a work-in-progress as a tradeable contract and let the order book price it. The market sets a number on your fourth draft so you no longer have to.

02 / DERIVATIVES

Short your cohort

Open a position against any debut listed on the platform. When their agent stops returning emails, your contract settles in the green.

03 / YIELD

Rejection staking

Lock your form rejections in custody and collect yield. Eighty rejections clears the high-APY tier. You were filing them in a shoebox regardless.

Disclosures from verified account holders.

FIG. 02 — TESTIMONY

I have been on submission since 2021. Slush is the only platform that let me realize the loss.
Gerald PflumAuthor of three unpublished manuscripts and one published acknowledgments page

Shorted my entire workshop. Closed up forty percent the week the favorite signed with a small press nobody had heard of.
Diane OreskyMFA fiction, 2019 cohort, did not place

My rejection yield now exceeds my royalty income. My royalty income is zero.
Marcus HeelSelf-described novelist, employed full time in regional logistics

Membership tiers.

FIG. 03 — ACCESS

Querying

$0/mo

For the writer between drafts and between agents.

Spot trading on your own manuscript
One (1) watchlist
Rejection staking up to 25 letters

Start querying

On Submission

$48/mo

For the writer whose book has been with editors for fourteen months.

Margin against unfinished work
Short other writers' debuts
Priority settlement the day they get dropped

Go on submission

Posthumous

$2,400/mo

Estate-grade liquidity. Billed annually, in advance, to whoever is left.

Trade the back catalog you never wrote
Cold storage for drafts in perpetuity
A dedicated account manager who has read none of it

Settle the estate

The desk is open. Bring a draft.

Live order book, fictional fills, a rejection-staking slider. No manuscripts are read at any point.

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