Trading Overview

Understand how orders, settlement, and positions work together in Event Contracts.

Event Contracts trading connects signed CLOB orders with on-chain settlement. Users select an Outcome Token, authorize and sign the order, and submit it to the order book. After matching, settlement transfers USDT and outcome tokens between accounts.

​

Trading Flow

Account initialization usually only needs to be completed once. For subsequent orders, users repeat the process of selecting an outcome, placing an order, and managing that order.

1. Prepare the Account

   Connect the signing wallet to the account, prepare trading funds, and complete the required contract allowances.

2. Select an Outcome

   Choose the Outcome Token to buy or sell and confirm the Market’s current trading restrictions.

3. Place the Order

   Set the price and quantity, sign the order, and submit it to the CLOB.

4. Manage the Order

   Monitor fills and cancel any remaining unfilled quantity. After matching, the trade settles on-chain, and account balances and positions are then updated.

​

Start Trading

First Order

Complete your first authenticated Event Contracts trade.

Place Orders

Review order request parameters and trading restrictions.

Order Lifecycle

Learn how an order changes state from submission through fill, cancellation, or expiry.