Markets
Binary Event Contracts
Yes/no contracts on any outcome a public data source can confirm, settled in USDso.
When a binary event market resolves, each winning contract pays 1 USDso and each losing contract pays nothing, so a contract's price reads as a probability. If the market is voided instead, every contract refunds 0.5 USDso. Each market trades on its own order book and resolves through the Somnia Oracle, which reads the market's named public data sources.
How they work
- A market can be built on any outcome a public data source can confirm.
- Rolling interval markets, such as BTC and ETH up/down, open on a schedule.
| Settlement | USDso |
| Resolution | Somnia Oracle |