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Markets

Isometric launches with Bitcoin on Base. Every market takes the same four inputs and settles the same way. Markets listed as coming soon appear in the app so you can see what is next, but they cannot be traded until they go live.
Every market pays out in USDC, long and short, and the protocol sends it to your wallet automatically. When that automatic payment cannot complete, the payout waits in Portfolio for you to claim, and a long can be claimable in the market's own asset instead, cbBTC for Bitcoin. Payouts and claims lists every case where that happens.

Crypto

MarketStatusLong positions pay inShort positions pay in
BitcoinLiveUSDCUSDC
EtherComing soonUSDCUSDC
SolanaComing soonUSDCUSDC
LitecoinComing soonUSDCUSDC
XRPComing soonUSDCUSDC
DogecoinComing soonUSDCUSDC

Stocks

Tokenised US equities, priced against the underlying share.
MarketStatusLong positions pay inShort positions pay in
NVIDIAComing soonUSDCUSDC
AppleComing soonUSDCUSDC
MicrosoftComing soonUSDCUSDC
AlphabetComing soonUSDCUSDC
AmazonComing soonUSDCUSDC
MetaComing soonUSDCUSDC
TeslaComing soonUSDCUSDC
NetflixComing soonUSDCUSDC
StrategyComing soonUSDCUSDC
SanDiskComing soonUSDCUSDC
SpaceXComing soonUSDCUSDC

Commodities

MarketStatusLong positions pay inShort positions pay in
GoldComing soonUSDCUSDC
SilverComing soonUSDCUSDC

What a market is made of

Each market has its own pair of pools. The long pool holds the market's own asset, which for Bitcoin is cbBTC, Coinbase's wrapped bitcoin on Base. The short pool holds USDC. Every position is backed by one of the two, which is why one market's trading never touches another market's liquidity.
A winning short is always paid in USDC. A winning long is calculated in the market's asset and then converted to USDC at settlement, so you receive USDC too. The few cases where a long payout stays in the market's asset are listed in Payouts and claims.

Prices

The chart and the header ticker read the exchange price, which is Coinbase for crypto and the primary listing for stocks and commodities. Trades are never priced from the chart. A trade is priced from a signed oracle price that the contract verifies against Chainlink at the moment you open, and settled from Chainlink at expiry. Oracles and settlement has the detail.