Market Resolution

How markets are resolved on Limitless Exchange

Overview

Every market on Limitless has a defined resolution condition and deadline. When the deadline passes, the market is resolved based on objective data from the designated oracle source.

Resolution Process

1. Market deadline passes

   Each market has a specific deadline (e.g., “Feb 16, 17:00 UTC”). No new trades are accepted after this time.

2. Oracle reports the outcome

   The designated oracle source provides the verified result. The majority of markets are now resolved automatically by Pyth Network.

3. Team reviews (if needed)

   For manually resolved markets, the Limitless team reviews the outcome against the resolution criteria defined on the market page. Resolution typically occurs within 24–72 hours of the market deadline, depending on event complexity and data availability.

4. Winning shares pay out

   Winning shares (“Yes” or “No” depending on outcome) are redeemable for $1.00 each after the payout has been settled on-chain. Losing shares become worthless.

Oracle Sources

Market resolution and on-chain redemption readiness are related but not identical. A market can be shown as resolved in the API before the underlying payout is fully settled on-chain, so direct redemption attempts may need to wait until the payout data has been posted.

The exact method of market resolution is normally determined on the market page. Always check the resolution source and criteria on the specific market before trading.

The majority of markets are now resolved by Pyth Network. Other markets may use manual resolution by the Limitless team.

Oracle	Used For	Resolution Time
Pyth Network	Majority of markets — crypto prices, stock prices, and other data feeds	Automatic at deadline
Manual	Custom event markets (sports, politics, etc.)	Typically 24–72 hours after deadline

Resolution for Different Market Types

Standard (CLOB) Markets

Binary Yes/No outcome. One side wins, the other loses.

Negrisk (Category) Markets

Only one outcome in the group can win. All other outcomes resolve to “No”. See Negrisk Markets for details.

Disputes and Misresolutions

In cases of misresolved markets, the bet amount will be refunded. See the Refund Policy for details.

If you believe a market was resolved incorrectly, contact the team through the support channel on limitless.exchange (footer), via email at [e-mail], or on Discord.