Bitcoin 15-minute Up or Down
Will Bitcoin be higher at the end of the round than at the start? Buy Up or Down, and every winning token pays 1 USDC.
Long enough for a move to develop, short enough to stay focused. Fifteen minutes suits traders who read short-term charts and want a few clear calls an hour.
Current round
How a round works
- Open. The round records the Pyth BTC/USD price as the strike.
- Trade. Buy Up or Down in the order book at your price, or take the best offer. Placing and cancelling orders costs no gas.
- Settle. At the end time a smart contract reads the Pyth price: above the strike, Up wins; at or below, Down wins.
- Collect. Each winning token redeems for 1 USDC. The next 15-minute round is already open.
Questions
How does a 15-minute Bitcoin Up or Down market work?
When a round opens it records the Bitcoin price from the Pyth BTC/USD oracle as the strike. You buy Up or Down tokens at a price between 0 and 1 USDC. When the round ends, Up wins if the price is above the strike, Down wins if it is at or below. Each winning token pays 1 USDC.
What does the price of a token mean?
The price is the market's estimate of the chance. Up at 0.62 means traders put a 62% chance on Bitcoin finishing higher. Buy 100 Up at 0.62 for 62 USDC: if Up wins you get 100 USDC, if not the tokens are worth 0.
Can I exit before the round ends?
Yes. Lucyd is an order book, not a bookmaker: sell your tokens to another trader at any time before the end to lock in a gain or cut a loss.
Who decides the result?
A smart contract. It takes the first Pyth BTC/USD price published at the end time and compares it with the strike. Nobody, including Lucyd, can choose the price.
What if there is no price at the end?
If Pyth publishes no price within 10 seconds of the end time, the round is voided and every token, Up or Down, redeems for 0.5 USDC.
Is it real money?
Not yet. Lucyd runs on the Sepolia testnet with test USDC, so you can learn the markets without risk. Testnet trades earn airdrop points.