1. Minimum open amount
The minimum open amount per order is 1 USDT
Orders below the minimum cannot be submitted.
2. Settlement rules
After the event result is confirmed, settlement is as follows:
| Final outcome | "Yes" settlement price | "No" settlement price |
|---|---|---|
| Event occurs | Settled at 1 | Settled at 0 |
| Event does not occur | Settled at 0 | Settled at 1 |
The final outcome is subject to the result announced by the platform.
3. Event outcome determination
Event outcomes usually follow the rules of the event source platform (Polymarket).
4. Dispute period mechanism
On the event source platform, when an event outcome is disputed:
- The market may enter a dispute period
- The market remains tradable during the dispute period
- The dispute period duration depends on processing by the third-party event platform or external data source. The platform cannot guarantee a specific end time.
The platform will complete settlement after the event outcome is finally confirmed. If the dispute ultimately affects the event's validity, the platform reserves the right to apply special handling to the market.
5. Void mechanism
The following situations may trigger void processing:
- Event canceled
- The event result cannot be confirmed for an extended period
- Abnormal data source
-The result cannot be determined according to the rules
-Market rules become invalid
-Normal settlement cannot be completed due to external events
After an event is voided: users' open positions will be fully refunded according to platform rules.
Refer to the platform announcement for specific handling.
6. Liquidity and price risks
Classic mode prices may be affected by:
-Market sentiment
-External news
-Event developments
-Market liquidity
and other factors.
The market may experience:
-Sharp volatility
-Short-term price jumps
-Insufficient liquidity
Under extreme market conditions:
User orders may not be filled at the expected price. The actual filled price may differ from the expected price.
7. Risk control mechanism
The platform has the right to take risk control measures in the following situations:
Abnormal market volatility, abnormal liquidity, abnormal data sources, abnormal trading behavior, system risks, and compliance requirements
Risk control measures include but are not limited to:
Restrict opening positions, limit certain trading functions, adjust price limit ranges, close the market early, suspend trading, and apply special settlement procedures
Final handling results are subject to the platform announcement and the system's actual execution.
