Market Types

This page outlines common market structures you can build using Depredict.

Binary (YES/NO)

• Description: Two-outcome markets, the default protocol primitive
• Examples: Will SOL close above $200 today?
• Notes: Highest liquidity and simplest UX

Multi-Outcome (coming soon)

• Description: More than two outcomes (e.g., A/B/C)
• Examples: Who will win the tournament? Team A, Team B, Team C
• Status: Roadmap item; can be composed by multiple binary markets today

Scalar (coming soon)

• Description: Continuous outcomes within a range
• Examples: What will BTC price be at expiry?
• Status: Roadmap item; can be approximated using bands or discrete binaries

Tournament/Bracket (coming soon)

• Description: Hierarchical markets where outcomes depend on earlier rounds
• Examples: March Madness style brackets
• Status: Roadmap item; compose using multiple markets and off-chain orchestration

Live vs Future

Live Markets

• Start trading immediately upon creation
• Use for real-time or ongoing events

Future Markets

• Trading opens at bettingStartTime, before marketStart
• Use for scheduled events such as elections or sports matches

SDK Notes

• Use client.trade.createMarket({ marketType: MarketType.LIVE | MarketType.FUTURE })

See also: Architecture and SDK API