What WICKD is
Parimutuel up/down rounds on tokenized equities, staked in USDG on Robinhood Chain.
WICKD is a set of up/down prediction markets on tokenized equities. You call a direction on a ticker — will it close higher or lower than where it locked — and stake USDG on that call. Everyone's stake goes into one pot. Whoever called the direction right splits the pot between them.
There are twelve markets, one per ticker, each running on Robinhood Chain as its own contract. Each market runs rounds back to back at its own fixed length.
It is parimutuel, not an order book
This matters more than anything else on this page, because it is the part people most often assume wrong.
There is no order book, no counterparty, and no share to buy or sell. You are not paying a price for a position. You put USDG into a pot, and if your side wins, you take a share of that pot proportional to what you staked.
The consequence: the multiple you see before a round locks is indicative, not a quote. It is just the pot divided by your side, less the fee, and it moves every time anyone else places a call — right up to the moment the round locks. Nothing fixes it when you place your call. There is no price you locked in.
Nothing here can be sold or cancelled
Once your call is in, it stays until the round settles. There is no exit, no cancel and no secondary market, because there are no shares. See Placing a call.
The shape of a round
A round opens and takes calls. At its lock time it takes a price from a Chainlink feed — that is the lock price — and stops taking calls. One round length later it takes another price from the same feed: the close price.
- Close higher than lock: UP wins.
- Close lower than lock: DOWN wins.
- Close exactly equal to lock: nobody wins, and every stake is refunded.
The winning side splits the whole pot, less a 3% fee. How a round works covers the phases and their timing in full.
The money rules, in one place
| Rule | Value |
|---|---|
| Fee on a decided round | 3% of the pot |
| Fee on a tie or an uncontested round | none |
| Minimum stake | 1 USDG |
| Stake token | USDG, 6 decimals |
| Calls per address, per round | one |
| Settlement window after the scheduled time | 60 seconds |
Every one of these is enforced by the contract, not by us, and every market contract is public. Markets lists the twelve addresses so you can read the parameters off the chain yourself.
Where to start
How a round works
Phases, timing, and why two rounds are always live at once.
Placing a call
Approvals, the rules the contract enforces, and collecting.
Payouts and refunds
The fee, the worked maths, and the four ways money comes back.
Risks
What can go against you, stated plainly.
Not available to US persons, or in Canada, the UK or Switzerland. No financial advice. You can lose your stake.