> 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

Strix Lab is a prediction market platform for everyday life — trade on the outcomes of real-world events across sports, crypto, finance, politics, and culture.

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.

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**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)
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<a href="https://dev.strixlab.io" class="button primary" data-icon="code">Developer Docs</a>

### Jump in

<table data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><strong>🚀 Getting Started</strong></td><td>Connect a wallet, add funds, and place your first trade.</td><td><a href="/getting-started/what-is-strix.md">What is Strix Lab?</a></td></tr><tr><td><strong>📈 Trading</strong></td><td>Understand markets, the order book, order types, and fees.</td><td><a href="/trading/how-markets-work.md">How Markets Work</a></td></tr><tr><td><strong>🎁 Rewards</strong></td><td>Earn Strix Points, liquidity rewards, and referral bonuses.</td><td><a href="/rewards/strix-points.md">Strix Points</a></td></tr><tr><td><strong>🌍 Availability</strong></td><td>Where Strix Lab is available, and what stays open everywhere.</td><td><a href="/policies/restricted-regions.md">Restricted Regions</a></td></tr></tbody></table>

### 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.   |

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**Building a bot?** Everything for the TypeScript SDK and the REST + WebSocket API lives at [dev.strixlab.io](https://dev.strixlab.io).
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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.
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