Markets

Binary Event Contracts

Yes/no contracts on anything with a public data source

A market on anything with a public data source.

Binary event contracts can be built on anything with a public data source: prices, sports results, elections, weather, economic releases or any question a website or API can answer. Each contract pays a fixed amount if the outcome happens and nothing if it doesn't, so the price is a live probability. Every market trades on its own order book and resolves through the Somnia Oracle, which reads the named sources directly, with no dispute window.

Features

Build on any outcome a public data source can confirm
Fixed payout: winning contracts redeem for 1 USDso
Resolution from named sources through the Somnia Oracle
Voided markets refund at half a USDso per side
Rolling interval markets, such as BTC and ETH up/down

At a glance


Underlyings	Any public data source
Settlement	USDso
Resolution	Somnia Oracle