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Buy YES or NO

Buying YES gives you upside if the event resolves YES. Buying NO gives you upside if the event resolves NO. Before buying, check:
  • the market question and rules
  • the current YES and NO prices
  • the collateral token
  • fees and expected fill
  • whether the market is still open for trading

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Sell YES or NO

Selling reduces or exits an existing share position. Your payout depends on the current market price, fees, and available liquidity. Use payout protection if the app offers it. This prevents a transaction from executing below the minimum amount you are willing to receive.

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Partial fills

Large event trades may hit a liquidity boundary or the market’s hard price limit. In that case, the protocol can fill only the portion that fits within the allowed market state. If you see a partial fill, it does not necessarily mean the transaction failed. It means the protocol stopped before crossing a boundary.

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Fees

Event market fees depend on the liquidity tranches that are active for your trade direction. When shallow tranches drop out, deeper tranches may have higher fee rates. Fees are split between LPs and the protocol. LP fees are accounted separately from the instant pricing pool, so they do not immediately change the quote curve.

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What can change between quote and execution

Quotes can change if another trade, LP action, or resolution update lands before your transaction. Use slippage or payout guards when available, and review the wallet prompt before signing.