> For the complete documentation index, see [llms.txt](https://docs.trade.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.trade.xyz/events.md).

# Events

Outcome contracts deployed by trade\[XYZ] through Hyperliquid HIP-4.

Events by trade\[XYZ] are fully collateralized outcome contracts deployed on HyperCore through [HIP-4](https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-4-outcome-markets). They provide exposure to a defined event or price outcome within a fixed settlement range. Unlike perpetuals, Events expire and do not use leverage, funding, liquidations, or auto-deleveraging.

trade\[XYZ] deploys Events under the deployment name `txyz`. Each market has published terms that identify its outcomes, trading deadline, resolution methodology, and settlement treatment. HyperCore processes trading and applies the onchain settlement submitted by the outcome deployer or an authorized settlement sub-deployer.

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td>🏗️</td><td><strong>Events Architecture</strong></td><td>Roles, onchain components, and deployment metadata.</td><td><a href="/events/architecture.md">Events Architecture</a></td></tr><tr><td>↔️</td><td><strong>Contract Mechanics</strong></td><td>Outcome tokens, merged books, questions, prices, and settlement.</td><td><a href="/events/event-contract-mechanics.md">Contract Mechanics</a></td></tr><tr><td>✅</td><td><strong>Resolution</strong></td><td>How market data and declared sources determine a result before onchain settlement.</td><td><a href="/events/resolution.md">Resolution</a></td></tr><tr><td>🧾</td><td><strong>Fees</strong></td><td>Hyperliquid outcome-trading fees.</td><td><a href="/events/fees.md">Fees</a></td></tr><tr><td>💻</td><td><strong>Developer Resources</strong></td><td>Read-only tools and feeds for Events market data.</td><td><a href="/events/developer-resources.md">Consolidated Resources</a></td></tr></tbody></table>

Before trading, review the applicable market terms and [Events Risks and Disclaimers](/legal-and-disclaimers/events-risks-and-disclaimers.md).