Primer
How Axiom works
Axiom is a paper prediction market. Every contract pays $1 if it resolves Yes (or to that named outcome) and $0 otherwise. The price you see is the crowd’s implied probability.
- 01
Prices are probabilities
A contract at 38¢ is a 38% implied chance. If you’re right at resolution you receive $1 per share. Your profit is $1 minus what you paid.
- 02
Buy the side you believe
Think it happens? Buy Yes. Think it doesn’t? Buy No. Multi-outcome books let you buy any named name, or the Field.
- 03
You can trade out
You are not locked until resolution. Sell back into the book if the implied moves your way — or if you change your mind.
- 04
The book is an AMM
Prices come from a logarithmic market scoring rule. Larger orders move the implied more. There is no separate order book in this demo.
- 05
It’s play money
Every account starts with paper cash. Nothing here is a real wager, advice, or an offer to deal in securities.