> 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/specification-index.md). # Specification Index Consolidated specifications for active trade\[XYZ] events markets.
MarketCategoryResolutionFrequency
IPO Confirmed by DateEconomic

The market resolves to Yes if Company’s first public common-equity offering for listing on a regulated exchange is publicly confirmed by the set Deadline. Otherwise, it resolves to No.

Confirmation occurs when any of the following becomes public: (i) the relevant securities regulator approves or clears the offering filing; (ii) the company or underwriters publish the final offering price and share count; or (iii) the exchange grants unconditional listing approval. Conditional approval qualifies only once all conditions are publicly confirmed as satisfied. Trading need not begin by the deadline. Filings, confidential submissions, proposed price ranges, ticker reservations, or statements of intent alone do not qualify. SPAC transactions, reverse mergers, private placements, resale-only direct listings, or offerings solely of debt, preferred shares, or depositary receipts do not qualify. Prior public trading of the issuer’s common equity disqualifies the offering.

Later delay, withdrawal, or cancellation does not reverse a qualifying confirmation. Evidence or corrections published within 7 days after the deadline may be used to determine whether the criteria were satisfied by the deadline.

Source priority is: regulator, company, exchange, underwriters. If official sources do not establish a necessary fact, two independent reputable news organizations may do so, provided there is no material contradiction. Rumors do not qualify.

Deadline Based
UFC Contest Winner Sports

This MMA market has two sides, Participant A and Participant B. It covers the bout between Participant A and Participant B at Event, scheduled for Scheduled Time, UTC (the "Contest").

The Counted Play is the completed bout. The Contest Result is the official record of the Counted Play.

A participant is the sole winner if the Contest Result names that participant as the sole winner. The Contest Result is a draw if it records a draw, tie, or co-winners.

The market resolves to Participant A if Participant A is the sole winner and to Participant B if Participant B is the sole winner. It resolves to 0.5 if the Contest Result is a draw, no contest, records no winner, names an unlisted winner, or is not established by Resolution Deadline, UTC.

If the Counted Play is not completed, an administrative or rules-based result, including abandonment, walkover, forfeit, disqualification, or retirement, is the Contest Result. A completed bout is resolved solely on its recorded result.

A postponed, suspended, rescheduled, or replayed bout between the same participants at the same event remains the Contest, subject to the same resolution deadline.

The result is established by Primary Source, or failing that, by a clear consensus of independent reputable reporting available by the resolution deadline. The Contest Result is fixed as Primary Source records it one hour after first publishing the result, or at the resolution deadline if earlier or if resolution relies on reporting. Later appeals, corrections, reversals, or reassignments do not change the result.

Contest Duration
NFL Game Winner Sports

Each football game market has one named outcome for each listed team. The market resolves to the team ESPN records as the winner of the game.

The Game Result includes regulation time and all overtime played as part of the official game. If the game is not completed, an official result recorded by ESPN following a forfeit, abandonment, disqualification, or other rules-based or administrative decision will determine the winner.

If the Game Result is a tie, no contest, or otherwise records no winner, the market resolves to 0.5. A postponed, suspended, or rescheduled game between the same teams in the same NFL season remains the same market. If no result is established by the applicable resolution deadline, the market resolves to 0.5.

The Game Result is final one hour after ESPN first records the game as complete or otherwise publishes an official result. Subsequent appeals, corrections, reversals, or reassignments do not change the resolution.

Game Duration
NCAAF Game WinnerSports

Each college football game market has one named outcome for each listed team. The market resolves to the team ESPN records as the winner of the game.

The Game Result includes regulation time and all overtime played as part of the official game. If the game is not completed, an official result recorded by ESPN following a forfeit, abandonment, disqualification, or other rules-based or administrative decision will determine the winner.

If ESPN records the game as a tie, no contest, or otherwise records no winner, the market resolves to 0.5. A postponed, suspended, or rescheduled game between the same teams in the same NCAAF season remains the same market. If no result is established by the applicable resolution deadline, the market resolves to 0.5.

The Game Result is final one hour after ESPN first records the game as complete or otherwise publishes an official result. Subsequent appeals, corrections, reversals, or reassignments do not change the resolution.

Game Duration
Soccer Game WinnerSports

Each soccer game market has one named outcome for each listed team. The market resolves to the team ESPN records as the winner at the end of regulation time, including stoppage time.

The Game Result includes regulation time and stoppage time only. Extra time, penalty shootouts, or any other tiebreak procedure are disregarded, even if they determine which team advances or is treated as the overall winner of the match.

If the score is tied at the end of regulation time, including stoppage time, the market resolves to 0.5.

If the game is not completed, an official result recorded by ESPN following a forfeit, abandonment, disqualification, or other rules-based or administrative decision will determine the winner.

A postponed, suspended, or rescheduled game between the same teams in the same competition remains the same market. If no result is established by the applicable resolution deadline, the market resolves to 0.5.

The Game Result is final one hour after ESPN first records the game as complete or otherwise publishes an official result. Subsequent appeals, corrections, reversals, or reassignments do not change the resolution.

Game Duration
MLB Championship Winner SportsThis baseball market has one named outcome per listed participant in the 2026 MLB Championship (the "Tournament") plus the fallback. Exactly one outcome resolves to Yes; every other outcome resolves to No. The Tournament Result is the final result of the Tournament, including every contest, period, and tiebreak procedure that MLB treats as part of the Tournament, as determined under the source rules below. A named outcome resolves to Yes if the Tournament Result names the corresponding participant the sole winner. A named outcome resolves to No once MLB's record shows that the corresponding participant can no longer win the Tournament under its rules, including upon elimination from the Tournament. A named outcome that has resolved to No is final and is not affected by any later change in MLB's record, including reinstatement of the corresponding participant. If any part of the Tournament is postponed, delayed, suspended, or rescheduled, the Tournament as ultimately completed applies if completed by Nov 10, 2026, 12:00 AM UTC.

If MLB names a listed participant whose outcome has not already resolved to No the sole winner without a completed Tournament, including but not limited to a decision following abandonment, walkover, forfeit, disqualification, or withdrawal, that participant's outcome resolves to Yes. The fallback resolves to Yes and every named outcome not already resolved resolves to No if the Tournament Result records no winner, names co-winners, names anyone other than a listed participant the winner, names a participant whose outcome has already resolved to No, or is not established by Nov 10, 2026, 12:00 AM UTC. The fallback resolves to Yes via a named outcome called No winner that is registered after every other named outcome has resolved to No. A result or status is established when MLB publishes it or, failing that by Nov 10, 2026, 12:00 AM UTC, when a clear consensus of independent reputable reporting available by that deadline supports it; otherwise it is not established. The Tournament Result is fixed as MLB's record stands one hour after MLB first publishes on any official channel the final result of the Tournament or a winner by decision, or at Nov 10, 2026, 12:00 AM UTC if earlier or if it rests on reporting; later appeals, corrections, reversals, or reassignments do not change it. This market is not sponsored by, endorsed by, or affiliated with MLB or any competition, league, governing body, organizer, team, club, participant, or other person or entity referenced in this market. All names and trademarks are the property of the respective rights holders and are descriptive only.
MLB Game WinnerSports

Each baseball game market has one named outcome for each listed team. The market resolves to the team ESPN records as the winner of the game.

The Game Result includes the full official game, including any extra innings. If a game is shortened, suspended, or otherwise not played to its originally scheduled length, any result that ESPN records as official under MLB rules will determine the winner.

If ESPN records the game as a tie, no contest, or otherwise records no winner, the market resolves to 0.5. A postponed, suspended, or rescheduled game between the same teams in the same MLB season remains the same market. If no result is established by the applicable resolution deadline, the market resolves to 0.5.

The Game Result is final one hour after ESPN first records the game as complete or otherwise publishes an official result. Subsequent appeals, corrections, reversals, or reassignments do not change the resolution.

Game Duration
SK Hynix DailyUp/DownThe market resolves to Yes if the SK Hynix resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:05 AM – 3:30 PM GMT+9

Evening Session (Mon-Fri):
3:30 PM – 9:05 AM GMT+9

Weekend Session (Fri-Mon):
Fri, 3:30PM - Mon, 9:05AM GMT+9
Gold DailyUp/DownThe market resolves to Yes if the Gold resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:35 AM – 4 PM ET

Evening Session (Mon-Fri):
4 PM – 9:35 AM ET

Weekend Session (Fri-Mon):
Fri, 4:00PM - Mon, 9:35AM ET
Crude Oil (WTI Oil) DailyUp/DownThe market resolves to Yes if the WTIOIL resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:35 AM – 4:00 PM ET

Evening Session (Mon-Fri):
4:00 PM – 9:35 AM ET

Weekend Session (Fri-Mon):
Fri, 4:00PM - Mon, 9:35AM ET
XYZ100 DailyUp/DownThe market resolves to Yes if the XYZ100 resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:35 AM – 4:00 PM ET

Evening Session (Mon-Fri):
4:00 PM – 9:35 AM ET

Weekend Session (Fri-Mon):
Fri, 4:00PM - Mon, 9:35AM ET
Micron DailyUp/DownThe market resolves to Yes if the MU resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:35 AM – 4:00 PM ET

Evening Session (Mon-Fri):
4:00 PM – 9:35 AM ET

Weekend Session (Fri-Mon):
Fri, 4:00PM - Mon, 9:35AM ET
SNDK DailyUp/DownThe market resolves to Yes if the SNDK resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:35 AM – 4:00 PM ET

Evening Session (Mon-Fri):
4:00 PM – 9:35 AM ET

Weekend Session (Fri-Mon):
Fri, 4:00PM - Mon, 9:35 AM ET
SpaceX DailyUp/DownThe market resolves to Yes if the SPCX resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:35 AM – 4:00 PM ET

Evening Session (Mon-Fri):
4:00 PM – 9:35 AM ET

Weekend Session (Fri-Mon):
Fri, 4:00PM - Mon, 9:35AM ET
Nvidia DailyUp/DownThe market resolves to Yes if the NVDA resolution price is above the strike price at the designated resolution time, and otherwise resolves to No. Settlement is according to the 300-second TWAP of the 1-minute candle price ending at the designated resolution time. Recurring:

Day Session (Mon-Fri):
9:35 AM – 4:00 PM ET

Evening Session (Mon-Fri):
4:00 PM – 9:35 AM ET

Weekend Session (Fri-Mon):
Fri, 4:00PM - Mon, 9:35AM ET
2026 US Open WinnerSportsThis tennis market has one named outcome per listed participant in the 2026 US Open (the "Tournament") plus the fallback. Exactly one outcome resolves to Yes; every other outcome resolves to No. The Tournament Result is the final result of the Tournament, including every contest, period, and tiebreak procedure that ESPN treats as part of the Tournament, as determined under the source rules below. A named outcome resolves to Yes if the Tournament Result names the corresponding participant the sole winner. A named outcome resolves to No once ESPN's record shows that the corresponding participant can no longer win the Tournament under its rules, including upon elimination from the Tournament.Tournament Duration
2026 US Open Match WinnerSports

Each tennis match market has one named outcome for each listed participant. The market resolves to the participant ESPN records as the winner of the match.

The Match Result includes all sets and tiebreaks that form part of the official match. If the match is not completed, an official result recorded by ESPN following a retirement, walkover, forfeit, disqualification, abandonment, or other rules-based decision will determine the winner.

A postponed, suspended, or rescheduled match between the same participants in the 2026 US Open remains the same market. If ESPN records no winner, the match is declared a no contest, or no result is established by the applicable resolution deadline, the market resolves to 0.5.

The Match Result is final one hour after ESPN first records the match as complete or otherwise publishes an official result. Subsequent appeals, corrections, or reversals do not change the resolution.

Match Duration
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