# Numera

> A prediction market where the odds are public and the trader is not.

## Docs

- [How it's built](https://docs.numera.trade/architecture/overview.md): The moving parts, and what each one guarantees.
- [What it costs](https://docs.numera.trade/concepts/costs.md): The spread, the fee, and why there are no network charges.
- [How it works](https://docs.numera.trade/concepts/how-it-works.md): The whole thing, start to finish, in plain language.
- [What a market is](https://docs.numera.trade/concepts/markets.md): The question, the outcomes, the deadline — and what stays fixed.
- [How prices work](https://docs.numera.trade/concepts/pricing.md): What a price means, why it moves, and why your payout is always covered.
- [Why nobody can see you](https://docs.numera.trade/concepts/privacy.md): How Numera keeps the market public and the trader private.
- [How a market settles](https://docs.numera.trade/concepts/resolution.md): How the answer is decided, and how you get paid.
- [Placing a trade](https://docs.numera.trade/concepts/trading.md): Backing an outcome, betting against it, and taking profit early.
- [What Numera is](https://docs.numera.trade/index.md): A prediction market where the odds are public and the trader is private.
- [Check it yourself](https://docs.numera.trade/reference/addresses.md): The live contract addresses, and what you can verify with them.