FAQ

A prediction market for Latin America: you buy Yes or No on what will happen, and each answer’s price shows the probability the market gives it. It runs on the Monad network, with USDC.

For now Predik is invite-only. Tap “Start predicting” and the app asks for your code.

You sign in with your email and the app creates your own wallet on Monad, or you connect a wallet you already have. Your wallet is your account.

No. If you sign in with your email, the app creates your wallet for you and there’s nothing to install. To trade, all you need is USDC in your wallet.

A question about something that hasn’t happened yet, with 2 to 6 possible answers, a closing time and rules that say which source decides the result.

It’s the price of a share of that answer: 44% means a share costs about 0.44 USDC. That’s why it reads as the chance the market gives that answer.

An automated market maker (LMSR) sets it with every buy and sell: when someone buys an answer, its price goes up and the others go down. Together they add up to 100%.

For now, the Predik team, and every market opens only once it’s approved. Got an idea? Suggest it by tagging us on X or in our Telegram community.

The stage before a market opens: people commit USDC to the answer they think will win, and that money gets the market going. Committing has no fee.

To reach two goals before its deadline: at least 100 USDC committed and at least 10 participants (a market can ask for more). At that moment it graduates and goes live.

From 1 USDC, and at most 33% of the market’s money goal.

Not while the pre-market lasts. When the market graduates, what you committed turns into shares of your answer, which you can keep or sell.

It’s voided and you get back everything you committed. The refund doesn’t arrive on its own: you collect it from the market.

1 USDC. Before you confirm, the app shows how many shares you get, the fee and what you’d collect if it wins.

Each share of the winning answer pays 1 USDC. If you bought Yes at 0.44 USDC a share and Yes wins, you collect 1 USDC for each one, straight to your wallet.

Yes. While the market is live, up to its closing time, you sell your shares at that moment’s price. Selling has no fee and the money goes straight to your wallet.

The most you accept the price moving before your buy confirms. If it moves more, the buy doesn’t go through and your money doesn’t move. You set it under “Trading details” in the buy panel.

1% of each buy in a live market, already included in the amount you enter. Selling, committing in a pre-market and collecting carry no Predik fee. Also, when a market resolves, what’s left in its pool after paying the winners goes to Predik.

The Predik team, using the public source each market names in its rules, such as the organizer’s official result. Then a dispute window opens: if you see a mistake, write to support@predik.io before it closes.

48 hours, 2 hours or 60 seconds, depending on the market type. The type is fixed when the market is created, and nobody gets paid while the window is open.

Email support@predik.io before the window closes, with the market link, the result you think is right and the source that shows it. It costs nothing and needs no vote.

From your Portfolio, under “Ready to collect”, or from the market page. Winnings don’t arrive on their own, but collecting is never paused and has no deadline.

If it was in the pre-market, you get back everything you committed. If it was already live, each share is refunded at its last price, which can be more or less than you paid. Either way, you collect the refund from the market.

The USDC you haven’t used is in your wallet, and it only leaves when you confirm a transaction. What you buy or commit sits in PredikVault, a contract on Monad, until you sell or collect. More in Security.

Tap “Deposit” in your Portfolio. To send your USDC to another address, use “Send”.

Yes. If you created it with your email, in Settings → “Wallet and security” you can view your private key; importing it into another wallet, such as MetaMask, opens the same address with your balance. Never share it: Predik will never ask for it.

The money in your wallet, no. What’s in a market sits in PredikVault, and Predik holds operator roles over the markets, such as proposing results or pausing trading. We explain them in Security.

Email us at support@predik.io: it’s our only support channel. We don’t give support on social media or by private message.

The market link and your wallet address. Never send your private key.

On X, Instagram, TikTok, Telegram, Facebook and LinkedIn, as predikapp. For support, email us.