Question 1

What is outcome trading on Dexly?

Accepted Answer

Outcome trading lets you take a position on whether a real-world event will happen. These are Hyperliquid HIP-4 outcome markets: each resolves YES or NO, and you trade shares of each side. Winning shares settle to $1 USDC; losing shares settle to $0.

Question 2

How is a share price determined?

Accepted Answer

The price of a YES share is the market's live probability of that outcome, between $0 and $1. A YES share trading at $0.65 means the market prices that outcome at roughly 65% likely. Prices come from live Hyperliquid order books.

Question 3

What does it cost — do I need USDC?

Accepted Answer

Yes. You fund your Dexly account with USDC and use it to buy YES or NO shares. There is no separate token, no points, and no XP — just USDC in and USDC out.

Question 4

Can I sell before the event ends?

Accepted Answer

Anytime. Shares trade continuously until the market settles, so you can sell back into the order book to lock in a gain or cut a loss before the event resolves.

Question 5

What happens at settlement?

Accepted Answer

When the event resolves, each share on the winning side pays exactly $1 USDC and each share on the losing side becomes worthless. Your payout is the number of winning shares you hold.

Question 6

What is the difference between a binary and a multi-outcome market?

Accepted Answer

A binary market has two sides — YES and NO. A multi-outcome (bucket) market splits a question into several ranges or choices, such as a price range or a championship field, where each option is its own tradeable side.

Question 7

Which events can I trade?

Accepted Answer

Sports (match winners and tournaments), crypto (price levels and milestones), and macro (CPI, rate decisions, jobs reports), with more categories added over time.

Question 8

Is there an XP, points, or rewards program?

Accepted Answer

No. Dexly outcome trading is straightforward USDC trading — you keep exactly what you make from your positions. There is no campaign, no countdown, and no reward funnel.

Question 9

How do World Cup and sports markets work?

Accepted Answer

A tournament market lists each nation or team as a side. You buy shares of the team you think will win; if they lift the trophy, your shares settle to $1 each.

Question 10

Where do the prices come from?

Accepted Answer

All outcome markets are Hyperliquid HIP-4 markets — prices come straight from live Hyperliquid order books. Dexly reads that live market data and presents it here; the odds you see are the market's real prices, not a house line.

Question 11

Are these prediction markets?

Accepted Answer

Yes. Dexly surfaces Hyperliquid HIP-4 outcome (prediction) markets across sports, crypto, and macro — you trade the probability of an event in USDC and it settles on-chain.

Question 12

How do I predict who will win a match?

Accepted Answer

Open a match market — for example “Spain vs Brazil” — and buy shares of the team you think will win, or Draw. Each side is priced as its live win probability; if your pick is right, those shares settle to $1 USDC each.

Question 13

Can I trade who wins the World Cup?

Accepted Answer

Yes. The tournament market lists every nation as a side with live winner odds. Buy shares of the team you back; if they lift the trophy, each share pays $1 USDC. You can sell anytime before the final.

Question 14

What price will Bitcoin be? How do crypto prediction markets work?

Accepted Answer

Crypto markets ask whether an asset will be above or below a level by a deadline — e.g. “Will Bitcoin top $100,000?”. Buy YES or NO with USDC; the price reflects the market's live odds and settles to $1 on the winning side.

Question 15

How are match and event odds set?

Accepted Answer

Odds are simply the live market price, set by buyers and sellers on Hyperliquid's HIP-4 order books — not by a bookmaker. A side trading at $0.62 means the market prices it at roughly 62% likely.

Question 16

Is outcome trading the same as betting?

Accepted Answer

It's a market, not a house line: you trade shares against other participants at live prices and can exit anytime before settlement. There's no bookmaker margin — prices come from real Hyperliquid order books.

Trade the outcome.

Know the market. Trade the outcome.

Pick an event

Buy YES or NO with USDC

Trade anytime

Settle to $1

Markets are live, it's time to trade

What can you trade?

Crypto

What will you predict?

Have questions?

Trade the outcome on Dexly