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Price markets

Price markets are recurring Up/Down markets on the price of a crypto asset. Each market asks one simple question: will the price at the end of a fixed window be at or above where it started? If yes, Up wins; if not, Down wins.

You'll find them under the Recurring tab on the markets list. The window length is fixed per series — 5, 10, or 15 minutes are typical — and each series (e.g. "BTC 15m") shows one live card at a time. Past and upcoming windows are one tap away from the market page.

#How the target works

  • The target is the asset's price at the moment the window starts. It's provided and cryptographically signed by the RedStone oracle.
  • Every market opens for trading one window early. During that phase the target shows as -- — it hasn't been set yet.
  • The target locks the moment the market's own window starts, and never changes afterward.
  • The market page shows the target and the live current price side by side, so you always see how far the price is from the line that decides the outcome.
What you see is what settles

The live chart and the current price come from the RedStone oracle — the same signed price feed the market settles on. Prices on other exchanges may differ slightly, but only this feed decides the outcome.

#How resolution works

Resolution is automatic and on-chain — no one on the operations team enters the outcome:

  1. When the window ends, the settlement contract compares the price at the window's end against the target.
  2. End price at or above the target → Up wins. Otherwise Down wins. An exactly equal price resolves Up.
  3. Settlement completes shortly after the window ends — typically under a minute. Once resolved, winning shares redeem for USDT like any other market.

Both prices are signed by the RedStone oracle and verified on-chain by the settlement contract (the RedStone Adapter) — see contract addresses.

#Windows & schedule

  • Windows run back-to-back: the moment one window ends, the next one starts.
  • Because each market opens one window early, the next window's market is already tradable while the current one is still running — you never have to wait for a new market.
  • The market page shows a countdown to the window's end. When it reaches zero, trading stops and the market resolves.
  • Past results (green/red dots) and neighboring windows are navigable from the chips below the chart.

#Next concepts

  • Resolution — how outcomes are finalized on other market types
  • Prices — why an outcome's price is a probability
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