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How and when does a position settle?

Settlement is automatic. When the offer’s time window ends:

  1. We compare the starting rate to the ending rate.
  2. If the rate went up, the long/up side wins; if it went down, the short/down side wins.
  3. Winners get their own stake back plus a share of the losing side’s pooled stake.
  4. If the rate didn’t change, or everyone ended up on the same side, it’s a draw — everyone gets their stake back and no fee is charged.

Winnings are credited automatically, usually within about a minute of the window closing.

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