Market Types

Documentation Index

Fetch the complete documentation index at: https://docs.predictamarkets.com/llms.txt

Use this file to discover all available pages before exploring further.

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Market Types Overview

Predicta supports three types of markets, each designed for different prediction scenarios. Understanding these types helps you choose the right markets to trade — and create.

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Binary Markets

Binary markets are the simplest form of prediction markets, focusing on yes/no outcomes.

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Characteristics

• Two possible outcomes: YES or NO
• Simple price structure: YES price + NO price = 100
• Clear resolution criteria: Easy to understand and resolve
• High liquidity potential: Simple structure attracts more traders

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Example

Market: “Will Bitcoin reach $100,000 by December 2025?”

• Buy YES shares if you think it will
• Buy NO shares if you think it won’t
• Prices always add up to 100

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Use Cases

• Event-driven questions — policy decisions, product launches, election results
• Short-duration markets that benefit from tight spreads
• Great for beginners due to their simplicity

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Multi-Outcome Markets

Multi-outcome markets allow for multiple possible outcomes, each with its own independent YES/NO trading.

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Characteristics

• Multiple conditions: Several outcomes to choose from
• Each outcome has YES/NO options: Trade on each condition independently
• More opportunities: More assets to trade across a single event
• Independent resolution: Each condition resolves separately

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Example

Market: “Which tech company will launch a major AI product in 2025?”

• Apple: YES/NO
• Google: YES/NO
• Microsoft: YES/NO

You can trade on any or all of these conditions simultaneously.

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Use Cases

• Comparing several competing outcomes (teams, candidates, products)
• Events where multiple things can happen independently
• Hedging strategies across related outcomes

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Series Markets

Series markets automatically regenerate after each instance resolves. They create recurring trading opportunities on a schedule.

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Characteristics

• Automatic regeneration: Creates new market instances on a set schedule
• Configurable intervals: Hourly, daily, weekly, monthly, or custom
• Historical tracking: See performance across all past instances
• Continuous presence: The market stays active indefinitely
• Inherited parameters: Each new instance uses the same rules and resolution criteria

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Example

Market: “Will Bitcoin close above $50,000 today?”

• A new market is created every day
• Each day is a separate trading opportunity
• Historical data shows how the market has resolved in the past

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Use Cases

• Rolling indicators — daily price levels, weekly stats
• Recurring events — weekly sports results, monthly economic data
• Community predictions that benefit from a consistent history

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Regeneration Schedules

• Hourly: New market every hour
• Daily: New market every day
• Weekly: New market every week
• Monthly: New market every month
• Custom: Custom schedule with specific start/end windows

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Choosing the Right Market Type

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For Beginners

Start with Binary Markets — they’re the simplest to understand and trade.

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For Advanced Traders

• Multi-Outcome: When you want to trade on multiple related conditions.
• Series Markets: When you want to trade on recurring events (can be Binary or Multi-Outcome).

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Market Comparison

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Market Lifecycle

All market types go through the same lifecycle:

1. PENDING_APPROVAL → Waiting for admin approval
2. OPEN → Active trading
3. CLOSED → Trading stopped
4. LOCKED → Locked for resolution
5. COMPLETED → Outcome determined
6. SETTLED → Payouts processed

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Next Steps