Predix

How it works

  • • Each round lasts 1 minute.
  • • Predictions close when the round ends (no early cutoff).
  • • Buy UP if you think the price will rise, DOWN if you think it will fall.
  • • UP and DOWN prices are set by an AMM (LMSR).
  • • At the end of the minute: if price went up, UP pays $1 per share; if it went down, DOWN pays $1 per share.