> For the complete documentation index, see [llms.txt](https://docs.strixlab.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.strixlab.io/readme.md). # Welcome to Strix Lab You already have views on what happens next: will your team win the league, will Bitcoin close above a price, who takes the election. On Strix Lab, those views become tradable positions. Every market is built around one specific question about a real-world outcome, and the price moves as people take positions on either side. ### How it works Every market has two sides — **Yes** and **No** — and you trade shares in the side you believe in. * **Shares are priced between 1¢ and 99¢.** The price is the market's live forecast: if Yes shares cost 67¢, the market collectively believes there's roughly a 67% chance the outcome happens. * **When the outcome is confirmed, the market settles.** Shares on the correct side settle at $1 each; shares on the other side settle at $0. * **You're never locked in.** If the market moves in your favour before settlement, you can sell your shares at the current price and take your profit early — no need to wait for the real-world result. That's the whole model. Buy the side you believe in, watch the market move as collective belief shifts, and either exit early or hold to settlement. **Example:** The Fed decision is 8 days away. Yes shares on "Will the Fed cut rates?" are trading at 67¢. You think a cut is coming, so you buy 100 Yes shares for $67. If the Fed cuts, your shares settle at $1 each — $100 back on your $67 position. If the market climbs to 85¢ before the announcement, you can also sell early and lock in the gain. {% hint style="info" %} **New here?** The fastest path from zero to your first trade is four short steps. Start with [What is Strix Lab?](/getting-started/what-is-strix.md) {% endhint %} Developer Docs ### Jump in
🚀 Getting StartedConnect a wallet, add funds, and place your first trade./pages/KOq877svN9ZOeJqR6Y1n
📈 TradingUnderstand markets, the order book, order types, and fees./pages/v2RMbL303VZN7xfMEdTJ
🎁 RewardsEarn Strix Points, liquidity rewards, and referral bonuses./pages/2Tq5cjbwKO4oJYExXjO9
🌍 AvailabilityWhere Strix Lab is available, and what stays open everywhere./pages/N3neUfsk9K9RK3LBid4Q
### Why trade on Strix Lab * **Low fees.** Placing an order that waits in the market is always free. Matching an existing order carries a small fee — among the lowest of any prediction market. Full breakdown in [Fees](https://docs.strixlab.io/trading/fees). * **Real-time matching.** Orders match instantly against a live order book — the same system professional exchanges use — so you always trade at the current market price, with full visibility into where the market stands. * **Your funds stay yours.** Strix Lab never holds your money. Funds sit in your own built-in wallet — no separate app or browser extension needed — and every trade settles transparently on the blockchain in USDC, a digital dollar that always holds a value of $1. * **Markets on everything.** Sports finals, rate decisions, elections, crypto prices, cultural moments — if people have opinions on the outcome, there's a market for it. You can even [create your own market](https://docs.strixlab.io/trading/create-a-market). ### New to prediction markets? Five terms you'll see everywhere | Term | What it means | | ---------------- | ------------------------------------------------------------------------------------------- | | **Market** | A tradable question about one real-world outcome, e.g. "Will it rain in KL this weekend?" | | **Position** | The side you've backed — Yes or No — and how many shares you hold. | | **Market price** | The live cost of a share. It doubles as the market's forecast: 67¢ ≈ 67% collective belief. | | **Settlement** | When the real-world result is confirmed, the market closes and shares resolve to $1 or $0. | | **Order book** | The live list of everyone's buy and sell orders. Your trade matches against it instantly. | {% hint style="info" %} **Building a bot?** Everything for the TypeScript SDK and the REST + WebSocket API lives at [dev.strixlab.io](https://dev.strixlab.io). {% endhint %} {% hint style="warning" %} Strix Lab is a trading platform for real-world event outcomes. Market prices reflect collective belief, not guaranteed results — every position carries risk. Please confirm that prediction markets are permitted in your jurisdiction before participating. {% endhint %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.strixlab.io/readme.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.