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At the deadline trading stops, and the question gets its answer.

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Deciding the answer

For questions that are a matter of public record, a designated resolver can settle the market directly — quick and simple, because there’s nothing to dispute. Most markets use an open process instead, where anyone can take part and being right is what pays.
1

Someone proposes the answer

Anyone can, backed by a deposit. Having money behind the claim is what makes it credible.
2

A review window opens

For a set period, anyone who believes the answer is wrong can challenge it by matching that deposit.
3

Usually, it stands

A clear, correct answer passes through unchallenged, and the market settles. The proposer gets their deposit back. This is the normal path.
4

If challenged, it's reviewed

A dispute goes to a designated group who determine what actually happened. Whoever was right receives both deposits.
The incentives line up neatly: proposing a correct answer earns your deposit back, spotting a wrong one earns you the proposer’s, and challenging a correct answer costs you yours. The accurate answer is the profitable one for everybody involved.

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Settlement always completes

Every stage has a time limit. If a dispute isn’t resolved within its window, anyone can reset it — deposits return to both sides and the market reopens for a fresh proposal.
There’s always a path forward. No market can end up permanently stuck, and your funds always remain claimable.

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Getting paid

Once a market settles, each winning share is worth exactly $1. Claim it whenever suits you. There’s no deadline, no expiry, and no fee — including no network fee. It goes straight to that market’s account, and from there back into your private pool. The claim is a direct action you take against the blockchain, so there’s nothing to request and nobody to approve it.

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If a market is voided

Occasionally a question can’t be settled fairly — an event is cancelled, or the result doesn’t match any listed outcome. In that case the market is voided and everyone receives their money back. If you’d already sold part of your position along the way, that’s taken into account, so what you get back reflects what you actually had in.

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During settlement

Your position is secure throughout. Your shares are recorded on the blockchain and stay claimable regardless of how long settlement takes. You can follow it live. Every market displays its current stage — proposed, under review, settled — with the relevant deadlines. The whole process is visible. Trading has already finished. The review window affects only the final answer, not your ability to have traded.