Trade Tokens
Last updated
Last updated
The Trade Page on Prophecy.bet is designed to provide a seamless trading experience for users participating in prediction markets. Below is a detailed breakdown of the interface and functionality for Buying and Selling shares in a market.
The page consists of three primary sections:
Market Overview and Graph: Displays a chart showing the historical price trends of the selected market's outcomes.
Graph Details:
X-axis: Time (e.g., Nov, Dec)
Y-axis: Price of each outcome (e.g., 0.50 for "Yes" and "No")
Helps users analise market trends before trading.
Buy/Sell Interaction Panel: Allows users to either buy or sell shares of a market outcome.
Market Trades Table: Displays all recent market trades, showing key details such as the amount, odds, price, and transaction IDs.
Outcome Selection:
Options displayed (e.g., "Yes" and "No") with the current price for each outcome.
Example:
"Yes" priced at 0.500
"No" priced at 0.500
Balance and Currency:
Shows the user’s wallet balance (e.g., 0.443 SOL) and allows users to select the trading currency (SOL or USDC).
Trade Amount:
Input box for specifying the number of shares to buy.
Option to adjust the amount using +
and -
buttons or by typing directly.
Balance Percentage:
A slider to quickly set trade amounts as a percentage of the total wallet balance (e.g., 25%, 50%, 75%).
Value Estimation:
Displays the Value in terms of the selected outcome (e.g., "Yes").
Shows the equivalent cost in the chosen currency (e.g., USDC or SOL).
Buy Button:
Once the desired amount is set, click Buy to complete the purchase.
Confirmation updates the Market Trades Table with the new transaction.
Displays a log of all recent trades in the market:
Columns:
Date: Timestamp of the trade.
Amount (USD): Amount traded in USDC.
Amount (ODD): Number of shares traded.
Price: The price at which the trade was executed.
Odd: The outcome of the trade (e.g., Yes/No).
Maker: The wallet address of the market maker.
Transaction ID: A clickable link to view the transaction details on the blockchain.
Buying Shares
Select "Yes" outcome priced at 0.500.
Set the amount to 2 shares.
Choose SOL as the currency and click Buy.
The Market Trades Table updates with a new entry showing the purchase.
Selling Shares
Select "No" outcome.
Input the number of shares to sell or use the slider to adjust.
Click Sell to execute the trade.
The wallet balance and holdings update accordingly.
This user-friendly interface ensures transparency and ease of use, enabling participants to engage confidently in prediction markets..