Market rules
The common rules applied to every UmbrellaX binary market.
Pool mechanics
Each finalized transfer is a stake on Side A or Side B. The live index is A divided by A plus B. There is no order book, market maker, cashout or position sale.
Closing and forming markets
New stake intents stop two minutes before close. A transaction must reach finalized status before the closing timestamp. A market with an empty side at close is Cancelled.
Results and claims
An administrator submits A, B or Cancelled with a wallet signature, WebAuthn approval and a public source. A one-hour correction window follows. Event claims never expire and pay only the original stake wallet.
Direct transfers
A USDC transfer made without a signed stake intent is unassigned, never credited to a side and not returned. After finalization of the market it is swept to treasury.