Event Contracts

Event Contracts are simple Up/Down markets on crypto prices. Pick a market, choose a side, and stake USDso: if the asset closes the window at or above its opening price, Up wins; below, Down wins. Every winning contract pays out exactly 1 USDso at settlement, and the most you can ever lose is your stake.

Features

  • Zero Fees: no entry, settlement, or winnings fee.
  • Capped Risk: fully collateralized, no leverage, no liquidations — your stake is your maximum loss.
  • Rolling Windows: BTC and ETH markets on 15-minute and 1-hour windows today, with more assets and windows to come. One window closes, the next opens.
  • Fair Odds: prices come from a live on-chain order book, not a house line. What you see is the market's real read on the odds.
  • On-Chain Settlement: everything settles non-custodially on Somnia in USDso, and every result can be checked against the published settlement reference.

How a market works

  1. Pick a window — e.g. BTC, 15 minutes. The line to beat is the window's opening price.
  2. Choose a side and stake — prices are quoted between 0 and 1 USDso and read as the market's implied chance: buying Up at 0.60 costs 0.60 USDso per contract.
  3. Hold or exit — you can sell back at the live price any time while the window is open.
  4. Settlement — when the clock runs out, the closing price is compared to the opening price. Winning contracts redeem for 1 USDso each; losing contracts expire worthless. See Settlement & Voids.

A worked example: stake 60 USDso on Up at a price of 0.60 and you hold 100 contracts. If the window closes at or above its opening price, you redeem 100 USDso. If not, the 60 USDso stake is gone — nothing more.

Find Event Contracts in the dreamDEX app at app.dreamdex.io/event-contracts, next to Trade and Portfolio.