Trading
Buy and sell outcome tokens on PMX markets
Outcome Tokens
When you trade on PMX, you receive SPL outcome tokens representing a claim on a specific side of a market.
YES Tokens
Claim that the event will occur. Redeemable at full value if YES wins.
NO Tokens
Claim that the event will not occur. Redeemable at full value if NO wins.
How to Trade
- Connect wallet — Any Solana-compatible wallet
- Pick a market — Browse active markets
- Choose YES or NO — Based on your belief
- Enter amount & review quote — See your fill price and potential payout
- Confirm — Execute on-chain; tokens appear in your wallet instantly
Instant Settlement
All trades settle on-chain immediately. No waiting, no manual confirmation.
Token Properties
PMX outcome tokens are standard SPL tokens:
- Transferable — Send to any Solana address or trade on any DEX
- Composable — Integrate with DeFi protocols, wallets, and dApps
- Redeemable — Winning tokens can be redeemed for full value after resolution
External Trading
Since tokens are standard SPL, they can be traded on external platforms — DEXs, peer-to-peer, or other prediction markets.
Lower Slippage on PMX
Trading directly through PMX generally gives lower slippage, since you interact with the native liquidity pools.
Payouts
After resolution, winning tokens are redeemable at par value. Payouts are enforced by smart contracts — no intermediaries needed.
Example
You hold100 YES tokens
Market resolvesYES wins
Your payout100 x par value
Next
Learn about market resolution or claiming winnings.