Market types
There are two types of markets on the platform: Event Markets and Price Markets. Both are parimutuel whereby all funds enter a shared pool, and winners split it proportionally. However, they differ significantly in structure, pricing mechanics, and how strategies are managed.
Comparison between Event Markets and Blitz Markets
Topic focus
Event outcomes
Fast-paced token races
Round structure
Open-ended until resolution
30s rounds
Resolution trigger
Event conclusion or scheduled end time
Fixed target time (30s from opening)
Pricing model
Power Curve
Double07 Curve
Driver of price
Number of tokens minted per outcome
Time elapsed in the round
Early entry advantage
Lower price before demand builds
Significantly lower price early in round
Position exits
Allowed before resolution
Not permitted — locked until resolution
Payout structure
Proportional share of total pool
Proportional share of total pool
Payout availability
At resolution finalization
At resolution finalization
Continuous rounds
No
Yes — new round opens every 30s
Event Markets are open-ended outcome markets. A market is created around a specific question or event, with multiple possible outcomes. Participants mint outcome tokens for whichever outcome they expect to grow in demand, or resolve as correct, depending on their strategy.
Outcomes & Structure
Event Markets support multiple outcomes — not just binary yes/no. Each outcome has its own token, and all tokens draw from the same shared pool at resolution. Market resolution can occur at a pre-set end time, or earlier if the underlying event concludes — for example, a market on a sports result resolves as soon as the final score is confirmed, not at a scheduled future time.
Sports markets
Sports markets are a subset of Event Markets. They create eventcoins around live sports events. There are two main structures: Scoregrid and Outright & Prop markets.
Scoregrid
Scoregrid asks one specific question: What will the exact score be?
For a soccer match, traders buy and sell tokens across a 6 × 6 grid. Each cell represents one exact scoreline, such as 2–1 or 0–0. All cells draw from the same shared pool. When the match ends, the full pool flows to holders of the correct scoreline.
Trading window: Scoregrid markets close at kickoff. There is no in-play trading
Dynamic odds: Prices shift continuously as traders buy and sell. Crowded scorelines get expensive. Thin scorelines stay cheaper. Early, contrarian calls benefit the most: you pay less and face fewer competitors for that cell's payout. If the crowd piles into 1–0 and you take 2–1 early, a correct call on a thin cell pays out at a higher multiple than following consensus
Position exits: Positions can be sold only while the market is open. After kickoff, positions remain locked until settlement
Resolution & payouts: Once the final score is confirmed, holders of the winning scoreline split the pool proportionally
Outright & Prop markets
Outright and Prop markets cover outcomes beyond the exact final score
Examples include:
A player's total points or assists in a match
Whether a team reaches the knockout round
Which team wins a series or advances a stage
Pricing: Power curve
Outcome token pricing follows a power curve that is demand-based. Each mint increases the price of that outcome token for subsequent buyers — cost is a function of how many tokens for that outcome already exist.
The more popular an outcome becomes, the more expensive it gets to enter.
This means:
Early entrants pay lower prices on outcomes before they attract attention
Later entrants pay a higher price, reflecting accumulated market conviction
Prices across outcomes shift dynamically as minting activity changes supply
Learn more in Pricing: Power curve
Position Exits
Positions in Event Markets can be sold before resolution. Participants may exit at any point while the market is open, realising a gain or loss based on the sell price relative to their entry cost. The sell price is affected by the redeem tax. Learn more about it in Sell
Resolution & Payouts
When the market resolves, the correct outcome is confirmed. The entire pool flows to holders of that outcome's tokens, distributed proportionally by token share.
Blitz Markets are a structured, time-bound market type focused on how much each token's price gains in each round.
Unlike Regular Markets, Blitz Markets follow a strict round schedule. Prices of outcomes are based on a time-based pricing curve, and exits are not allowed.
Outcomes & Structure
Participants mint outcome tokens for the token they expect to win at resolution. As with Regular Markets, the pool is shared and flows entirely to the winning token at resolution.
Rounds follow a fixed, repeating 30s schedule, opens from 8:00 AM to 4:00 PM UTC
Trading Phase
15s
Market is open. Enter and build your position
Watch Window
10s
Trading closes, watch the race
Settlement Window
5s
Winner is determined. Payouts are calculated
Position Lock
Once a position is minted in a Blitz Market, it cannot be sold. Tokens are locked until the round resolves.
This is an intentional design constraint. Combined with the clockCurve, it ensures:
No value leakage from early exits
Payouts reflect committed conviction, not late repositioning
The pool remains intact for winners at resolution
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