💱Trading Prediction Markets

There are several ways you can participate in a market

Liquidity Deposits and Withdrawals

In OPEN markets, you can deposit USDT0 to mint YES and NO tokens. 1 USDT = 1 YES + 1 NO, ALWAYS. In the same way, you can burn 1 YES + 1 NO to get back 1 USDT0.

Trading Component

The Vortx's On-Chain Orderbook allows you to create limit and markets orders that works almost exactly as any regular order system, except for a couple differences:

• Limits orders are POST-ONLY: If a limit orders "match" against an order in the book, it will be reverted. More to that, the UI will not allow you to send limit orders that will collide. This behavior was a design decision to simplify the way the platform works, and provide "exact, expected behavior" to users.

• Additionally, limit orders gets PAID when filled: There's a 0.15% market rebate for limit orders, to be paid automatically in USDT0 to the creator of the order the moment the order gets filled. This work as an incentive for market makers and liquidity providers.

• Market Orders pay 0.5%: Market orders pay 0.5% in fees for taking liquidity. This fees are used as follow:

  • 0.15%: Maker Rebate (Incentive to liquidity providers/market makers)

  • 0.10%: Creator Incentive (Incentive to market creators)

  • 0.25%: Vortx Fee (Incentive for Vortx Treasury and buy-back program)