Catalyst

How it works

Pick a side

Every market has 1,000,000 YES shares and 1,000,000 NO shares. Buying moves the odds your way, just like buying a memecoin moves its price.

Sell any time

You can sell at the current price whenever you like, so your position goes up and down as other people trade.

Winners split the pot

Everyone's money goes into the market's pot. When the result is in, the winning side shares the pot, in proportion to their shares.

Being early pays

The earlier you buy, the cheaper your shares. A late buyer on a crowded side can be right and still get back less than they paid.

Trading stops for results

When a result breaks or the closing time passes, trading stops so nobody can trade on news that is already out.

Fees

Buying and selling are free. At close, 1% comes off the pot before the winning side is paid, and the losing side pays nothing. Opening a market costs 0.02 SOL.

Practice market, no real money

57%43%
YESNO

Your 1 SOL on YES could sell for

1 SOL

If it settled now and YES won

1.4 SOL

Each press is a 2 SOL buy from someone else.