Redeem

Once a market closes and its outcome is finalized, you can redeem the outcomes you hold for USDT.

#How a market ends

Tradable (ACTIVE)
  ↓ close time reached
Trading halted (LOCKED) — awaiting outcome
  ↓ outcome finalized
Redeemable (RESOLVED)
  ↓ Redeem button
USDT deposited to your wallet

For a CANCELLED market whose outcome was voided, holders are refunded USDT proportionally.

#How much you receive

For a binary market (YES / NO):

Categorical and scalar markets may settle at different ratios depending on the outcome distribution; this is shown in the Resolution section of the market page.

#Redeeming in the UI

1. Open the closed market, or select redeemable items under Profile → Positions.
2. Press the Redeem button.
3. After a short while, USDT is deposited to your wallet. No gas required.

#Frequently asked questions

• How soon after close can I redeem? As soon as the outcome is finalized. This is usually on or right after the market's expected resolution date.
• Can I redeem later? Yes, there's no expiration. That said, the value is already fixed, so there's no reason to delay.
• Can I redeem only the winning outcome? The UI handles your holdings automatically, so you don't need to worry about it.

#Next steps

• Split / Merge — beyond redemption, options to swap USDT ↔ outcomes 1:1
• Resolution — how an outcome is finalized