How to open a position
Choose your prediction market.
Select Yes or No depending on whether you believe the outcome will occur.
On the order screen, enter your preferred order size in-dollars or in-contracts.
Review the order details.
Tap Place order when you’re ready.
Enter your passcode to confirm.
You’ll see a confirmation screen and receive a notification once your order is filled or rejected.
You can increase your position anytime before the event ends, as long as the market has sufficient liquidity.
How do I calculate the cost to open a position?
Before you place the trade, the “Potential payout” tooltip shows a clear breakdown of:
Number of contracts
Estimated average price (final price may vary slightly depending on order size and liquidity)
Total fees
Estimated total cost = (Quantity × Average Contract Price) + Total Fees
Once filled, the actual amount paid (including final price and fees) will appear in Portfolio > History > Order.
Your maximum loss is always limited to the total amount you paid to open the position, including fees.
Example – Opening a position
Contract price: $0.19
Your order: 10 contracts (each with a $1 contract size)
Fee per contract: $0.02. Total fees: $0.02 × 10 = $0.20
Estimated total cost = (10 × $0.19) + $0.20 = $2.10
Once the order is filled:
Actual amount paid = ($0.19 + $0.02) × 10 = $2.10
If only a partial fill occurs (e.g., 7 contracts), the cost is automatically adjusted to the filled quantity: ($0.19 + $0.02) × 7 = $1.47, and the unfilled portion (of 3 contracts) is cancelled.
Your maximum loss is always limited to the amount you actually paid plus fees