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Khái niệm cốt lõi

Thị trường và sự kiện

A market is the fundamental tradable unit on SatoriEx — each market is a single binary question with Yes / No outcomes. An event is the container that groups one or more related markets together; single-outcome questions live in a single-market event, multi-outcome questions are decomposed into N binary markets grouped inside one multi-market event.

Thị trường là gì

A market is the unit you actually trade. Every market on SatoriEx represents a single binary question — it has a resolution criterion, two outcomes (Yes / No), an order book, and a lifecycle. One outcome resolves to 1 USDC, the other to 0.

  • Tiêu chí phán quyết — quy tắc chính xác để xác định kết quả thắng.
  • Kết quả — các câu trả lời người dùng mua và bán. Đúng một kết quả phán quyết thành 1 USDC.
  • Sổ lệnh — hồ sơ trực tiếp về quan tâm mua và bán từ tất cả nhà giao dịch.

Sự kiện là gì

An event is a container that groups one or more related markets together. It carries the shared metadata — title, description, category, resolution window — that helps users find and reason about the markets inside it. Events come in two shapes:

  • Single-market event — one binary market under one event. The event and the market are essentially equivalent. Example: "Will Bitcoin close above $150,000 on 31 Dec 2026?"
  • Multi-market event — several related binary markets grouped under one event, one per option of the original question. Each market resolves independently.
  • Every event carries a category, resolution window, and the underlying market list — those are the fields integrators key on.

Multi-market events

When a question has more than two outcomes — "Which candidate wins?", "Which team wins the tournament?" — SatoriEx does not create a single multi-outcome market. The platform decomposes the question into N binary markets, one per option, all grouped under a single event. Each decomposed market resolves independently; in a true choose-one outcome, at most one of them resolves Yes.

EVENTEvent: 2026 South Korea presidential election winnerMARKET · BINARYCandidate A wins?KhôngMARKET · BINARYCandidate B wins?KhôngMARKET · BINARYCandidate C wins?Không
One multi-outcome question decomposed into three binary markets, all grouped under one event. Each market resolves independently — at most one can resolve Yes.

Example — multi-market event

Event: 2026 South Korea presidential election winner

  • Market A — Will Candidate A win the 2026 South Korea presidential election? (Yes / No)
  • Market B — Will Candidate B win the 2026 South Korea presidential election? (Yes / No)
  • Market C — Will Candidate C win the 2026 South Korea presidential election? (Yes / No)

Event shapes at a glance

Both shapes share the same underlying market primitive — only the count of markets inside the event differs.

Event shapeWhat it containsWhen you see it
Single-market event1 binary market under 1 eventDirect Yes / No questions — rate decisions, single thresholds, will-X-happen-by-date questions.
Multi-market eventN binary markets under 1 eventChoose-one questions — election candidates, tournament winners, ranked outcomes. Decomposed automatically at submission.

Multi-outcome via negative-risk (planned)

Decomposing a choose-one question into N independent binary markets is the model SatoriEx ships today. It works, but it requires you to post separate collateral on each leg, so capital can sit idle across markets that are mutually exclusive. Negative-risk markets — a capital-efficient design where a single multi-outcome event uses one shared collateral pool and outcome tokens convert between each other — are on the SatoriEx roadmap. When they ship, the event shape stays the same (one event groups its outcomes) but the capital requirement collapses.

Read the negative-risk design page →

Vòng đời thị trường, tóm tắt

Mỗi thị trường đi qua cùng các giai đoạn. Phán quyết và quyết toán được trình bày chi tiết trên trang riêng.

  1. 1Đề xuất — người dùng hoặc quản trị viên đề xuất thị trường với tiêu chí phán quyết.
  2. 2Kích hoạt — thị trường mở và thanh khoản khởi tạo được đặt bởi nền tảng.
  3. 3Giao dịch — nhà giao dịch đặt lệnh; sổ lệnh hoạt động.
  4. 4Dừng và phán quyết — giao dịch dừng trong khi phán quyết được quyết định.
  5. 5Quyết toán — thanh toán được phân phối; thị trường đóng cửa.

Mẹo cho nhà tích hợp

Khi tích hợp qua API, liệt kê các sự kiện để điền vào trang đích danh mục, sau đó đi sâu vào thị trường để hiển thị sổ lệnh. Luôn hiển thị tiêu chí phán quyết của thị trường — đó là hợp đồng của người dùng với nền tảng.