# Price Predictions

## 1. **How It Works**

1. **Choose your market** Select an asset to predict — currently available pairs include  **BTC/USDT** and **ETH/USDT**.
2. **Pick your direction** Decide whether the price will go **UP** or **DOWN** when the round ends. Each round lasts **5 minutes**, from “Live” to “Closed” to “Settled.”
3. **Set your order** Enter the amount of **USDT** you want to place on.
4. **Confirm your prediction** Once your position is locked in, it cannot be changed for that round.
5. **Check the results**

* If you choose **UP**, you win when the **Settled Price > Locked Price**.
* If you choose **DOWN**, you win when the **Settled Price < Locked Price**.

***

## **2. Mechanics & Fees**

* **Supported Chain: Solana Chain**
* **Supported Token: USDT**
* **Round Duration**: Every **5 minutes** (Rolling Rounds)
* **Participation fee**: Winners need to pay a 10% participation fee before they receive their winnings
* **Winnings**: System will distribute to winners' account when the calculation ends
* **Payouts** are based on the ratio of amount in each pool:

  * Payout Ratio (UP Pool) = *(Total prize pools ÷ Amount of UP Pool)*
  * Payout Ratio (DOWN Pool) = *(Total prize pools ÷ Amount of DOWN Pool)*

***

## 3. Outcomes

* **Win:** You share the total prize pool with other winners — after a **10% participation fee** is deducted.
* **Lose:** You lose your entire order amount

**Special Cases**:

* **Tie** (Locked Price = Settled Price): All the amount in the prize pool will be forfeited by the platform
* If there are no opposing orders:
  * If you win: reclaim 90% of your initial order (10% fee applies).
  * If you lose: forfeits your full order amount to the platform.

***

### FAQ – Everything You Might Want to Know

<details>

<summary>Q1：<strong>Are there any fees associated with the Price Prediction markets?</strong></summary>

❖ Winners will pay a 10% participation fee before they receive the winnings.

</details>

<details>

<summary>Q2：Is there a time limit for winners to claim their winnings?</summary>

❖ The winnings will be distributed automatically to winners' account within 20 mins when the round is settled and calculated.

</details>

<details>

<summary>Q3：<strong>How can I calculate the payout?</strong></summary>

❖ Payout Ratio for UP Pool = Prize Pool Amount / Prize Pool Amount \* UP Pool Proportion\
❖ Payout Ratio for DOWN Pool = Prize Pool Amount / Prize Pool Amount \* DOWN Pool Proportion

**Example - Place 50 USDC "DOWN" in BTC/USDC, outcome = "DOWN":**

* DOWN side = 20% of the Prize Pool, Prize Pool = 10,000 USDC
* DOWN payout ratio = Prize Pool Amount / Prize Pool Amount \* DOWN Pool Proportion = 10,000 / 10,000 \* 20% = 5x
* Payout Amount = Payout Ratio × Position × (1 - Claim Fee Rate)
  * If you Place 50 USDC on DOWN, payout = (5 × 50) × (1 − 10%) = 225 USDC
* Profit = 225 − 50 = 175 USDC

</details>

<details>

<summary>Q4：<strong>What is Locked Price &#x26; Settled Price?</strong></summary>

❖ **Locked Price:** The initial price at the beginning of the LIVE phase.\
❖ **Settled Price:** The final price at the end of the round, used to identify the winners.

**Example – Round 520 ( BTC/USDC Price Prediction):**

1. **12:00–12:05:** Place Order - User Place 50 USDC on "UP"
2. **12:05–12:10:** Lock Phase → Locked Price = $150,000
3. **12:10:** Settle Phase → Settled Price = $150,500
4. **Result: "UP"** order wins

**Notes:**

* The Oracle price may take up to 20 seconds to update.

</details>

<details>

<summary>Q5：<strong>Can I change or remove my position?</strong></summary>

❖ No, once your position is confirmed, you cannot change its direction. Make sure you're completely satisfied with your chosen direction before confirming.

</details>

<details>

<summary>Q6：<strong>Can I place orders on both sides in one round?</strong></summary>

❖ Yes. Besides the current position, you can check the payout on the real-time market and place the opposite direction order.

</details>

<details>

<summary>Q7：<strong>What will happen if Settled Price = Locked Price</strong></summary>

❖ Users from both sides will lose all their orders amount and all the amount in the prize pool will be forfeited by the platform.

</details>

<details>

<summary>Q8：<strong>What will happen if nobody is on the other side of your orders?</strong></summary>

❖ You will receive 90% of your initial order amount after the 10% fee applies if you placed the right outcome orders, or you will lose all your order amount.

</details>

<details>

<summary>Q9：<strong>Where does the price information in the Price Prediction market come from?</strong></summary>

❖ All the price information in the Price Prediction market comes from ChainLink oracle. Prices from other websites will not be considered.

</details>


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