Markets
Market Mechanics
How minting, trading, pricing, and settlement work in BinaryMarket.
Lifecycle
AMM
Resolution
Lifecycle
Users mint paired YES+NO with collateral, trade YES in the AMM, optionally redeem paired balances pre-resolution, and claim winning tokens post-resolution.
AMM model
BinaryMarket maintains YES and USDC reserves with constant-product swap math and a 0.5% fee. The contract also tracks cumulative price for TWAP-style consumption.
Resolution path
Markets include proposal/challenge states before final resolution. Claims settle onchain through winning token burns against collateral.