Binary contracts that pay 100 TK¢ or 0 TK¢ at resolution

Updated 2 min readLearn hub

A YES/NO event contract is a binary derivative that pays 100 TK¢ per contract if the underlying event resolves YES and 0 TK¢ if it resolves NO. The NO contract is the mirror — pays 100 TK¢ on NO and 0 on YES. Prices sit between 1¢ and 99¢ and reflect the community's current implied probability.

The contract itself

Every AMP Predict market is defined by a clear yes/no question, a closing date, and objective resolution criteria (typically a public source like a news outlet, official announcement, or sports API). On the closing date the outcome is determined and every YES contract pays either 100 or 0 TK¢. NO contracts pay the mirror.

The orderbook

Each market has two orderbooks — YES and NO — with visible bids and asks. Bids are the highest prices buyers are willing to pay; asks are the lowest prices sellers are willing to accept. The mid-price is the current implied probability. AMP Predict uses price-time priority matching and updates in real time via WebSocket.

Limit vs. market orders

A LIMIT order executes only at your specified price (or better) — you may not get filled if no one meets your price, but you never pay more than you asked. A MARKET order executes immediately at the best available price on the opposite side of the book. Limit orders reduce slippage; market orders guarantee execution.

Position and P&L math

If you buy 10 YES contracts at 40¢ your cost is 400 TK¢ and your maximum payout is 1000 TK¢ (10 × 100). Maximum profit is 600 TK¢ (1000 – 400); maximum loss is 400 TK¢. You can close early by selling into the orderbook at the current price.

Settlement and edge cases

When a market closes, the outcome is set from public sources and payouts are credited automatically. If the event cannot be resolved from public sources (e.g., a match is canceled), the market settles as a TIE and every holder receives a 50 TK¢ refund per contract.

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