How Markets Work

HivePredict uses a parimutuel pooling model. There is no order book. Users pick an outcome and stake tokens into one shared pool. When a market resolves, only the winning side gets paid out.

The Flow

A creator opens a market with a question and an opening bet.
Other users place predictions on their chosen outcome before the trading cutoff.
The market resolves when the outcome is known. Price and supported sports markets resolve automatically; others resolve manually via community proof and admin review.
Winners receive their principal back, then split the loser-side profit after fees.

Pool Mechanics

All stakes go into a single pool. The split between outcomes determines the implied odds. In a binary market, if the YES pool holds 75% of the total, the implied probability of YES is 75%.

Crypto YES/NO markets apply a mild late-entry weighting to the profit split, so earlier predictions receive a proportionally larger share of profits. Sports and non-crypto markets use raw stake share.

Market Formats

Binary (YES/NO): the most common format. Two outcomes, one winner.
Multi-outcome: multiple outcomes (e.g., Player A, Player B, Draw), single winner. Available for sports markets.