Open Trading Stage

Open Trading Stage is the main phase in the lifecycle of a prediction market.

Traders can purchase Yes and No shares in the event market with up to 10x leverage, at a price defined by the vAMM pools.
Trading activity directly impacts share prices.
One trader's profit is another trader's loss.
PnL is calculated based on traders' position sizes (collateral x leverage) and the market's current YES and NO prices/odds, allowing the traders to realize profits or losses on demand during this stage.
During this stage, on closure of a position, 1% of position's profit is directed towards the reward pool.
The trading is allowed until a market resolution is accepted on UMA Oracle.

Last updated 4 months ago

Open Trading Stage is the main phase in the lifecycle of a prediction market.

Traders can purchase Yes and No shares in the event market with up to 10x leverage, at a price defined by the vAMM pools.
Trading activity directly impacts share prices.
One trader's profit is another trader's loss.
PnL is calculated based on traders' position sizes (collateral x leverage) and the market's current YES and NO prices/odds, allowing the traders to realize profits or losses on demand during this stage.
During this stage, on closure of a position, 1% of position's profit is directed towards the reward pool.
The trading is allowed until a market resolution is accepted on UMA Oracle.

Last updated 4 months ago