Market types

Dekant supports three kinds of markets. The first two are familiar from existing prediction-market platforms; the third is the differentiator.

Binary

Two outcomes: Yes or No. Used for crisp factual questions.

"Will the FOMC cut rates by 50 bps at the next meeting?"

Trading is straightforward: you buy Yes or you buy No. At resolution, the winning side redeems for $1 per token. Same shape as any binary prediction market.

Multi-outcome

Three to thirty-two discrete outcomes. Used when the question has a small fixed set of possibilities.

"Which studio wins Best Picture this year?" Outcomes: A24 · Searchlight · Universal · Warner · Other

You buy tokens for one outcome at a time. At resolution, the winning outcome's tokens redeem for $1 each; the rest go to zero.

Continuous

Two to two-hundred-fifty-six bins covering a numerical range. Used when the answer is a number on a line.

"What will SOL be on July 1, 2026?" Range: $50 to $500, divided into 64 bins of $7 each.

Two ways to trade:

1. Bin-by-bin — buy a single bin, like betting on one slot.
2. Distribution buy — set a center (μ) and conviction (σ), and your stake is allocated across all bins weighted by the Normal PDF.

Almost all real continuous-market trading uses distribution buys. That's the "draw a curve" flow Dekant is built around.

Comparison

For most crypto, election-margin, and benchmark-score questions, continuous is the natural shape. For "did event X happen", binary is fine.