Guide

How Lucyd works

Prediction markets from first trade to on-chain settlement.

01What is a prediction market?

You buy Up or Down tokens on where the BTC price goes. If you're right, each token pays 1 USDC. If you're wrong, it pays 0.

The price reflects probability. If Up trades at 0.62 USDC, the crowd thinks there's a 62% chance it happens.

Live example · BTC Up/Down 1h

UP · 62%DOWN · 38%

1.00

USDC if Up wins

0.00

USDC if Down wins

02How it works

Sign up with email or Google. We create a wallet for you automatically via Privy, no seed phrases needed. Deposit USDC from any network or buy with a card. Withdraw to any wallet or cash out to your bank.

03Orderbook & settlement

Off-chain CLOB

Low latency, no gas

Order matching

On-chain (Sepolia)

ERC-1155 outcome tokens

Token minting

On-chain oracle

Tamper-proof result

Resolution

Smart contract

Non-custodial, instant

Payout

Orders match off-chain in microseconds with no gas costs. Settlement happens on Sepolia via smart contracts.

Fast like a centralised exchange, transparent like a blockchain. Every position, fill, and payout is verifiable on-chain.

04Fees & resolution

FREE

Trading fee

Placing or cancelling orders is free

FREE

Gas fee

Orders are signed off-chain

FREE

Protocol fee

Winning redemptions only

FREE

Withdrawal fee

USDC withdrawals to any wallet

Markets resolve using Pyth Network prices. At expiry, the price for that exact moment is submitted on-chain automatically. If the data falls outside the valid window, the market voids and every Up and Down token redeems for 0.50 USDC, with no fee.

05Outcomes & payouts

Each market has exactly two mutually exclusive outcomes. Outcome tokens are ERC-1155 assets on Sepolia. You can hold, transfer, or sell them like any token. If the market resolves Down, your Up tokens expire at 0 and you lose your stake. No additional fees are charged on losing positions.

Payout example · 100 Up tokens at 0.62 USDC

62

USDC

100 × 0.62

→

100

USDC

resolves Up

−

0.00

USDC

0% of payout

=

100.00

USDC

+38.00 profit

06Risks
Only trade what you can afford to lose. Prices can move sharply and markets can resolve against you. Thin markets may have wide spreads. Resolution depends on oracle data being available. Smart contracts are audited but not risk-free. Make sure prediction markets are permitted in your region.