How Settle works
Settle matches signed orders off-chain and settles fills through an on-chain hub contract.
One market, two outcomes
Every market asks one question: will an asset’s price be at or above a stated target when the market closes?
The final price meets or exceeds the target.
The final price is lower than the target.
Shares trade from 1–99¢. The quoted price expresses implied probability: 62¢ means the market estimates a 62% chance of Above.
From order to settlement
Signs an EIP-712 order locally.
Finds compatible orders off-chain.
Verifies and settles each matched fill.
Off-chain matching keeps order placement responsive. On-chain verification makes the signed price, quantity, expiry, and account authorization enforceable.
Custody and permissions
Funds and positions live in the SettleMarkets hub contract. The operator can match compatible signed orders, but cannot fill an order at a price you did not approve or withdraw your balance.
- Orders are authorized by wallet signatures.
- Matched fills are verified on-chain.
- Withdrawals return funds to the balance owner.
- Available funds remain withdrawable if the exchange is paused.