Providing liquidity

Liquidity providers (LPs) deposit USDC and receive LP shares representing their portion of the pool. LPs earn the swap fee on every trade and can withdraw their share at any time while the market is open.

When you remove liquidity, the symmetric portion of your position returns as USDC and any imbalance returns as YES or NO tokens, which you can hold, pair-redeem, or sell back. Note that a market initiator's seed liquidity may be partially locked until settlement to keep the market solvent.

Fees

There are two fee types, both expressed in basis points (1 bp = 0.01%):

Swap fee

Charged on each trade (lpSwapFeeBps) and kept in the pool, accruing to LPs as extra collateral.

Protocol & creator fee

Taken once at settlement (platformFeeBps + creatorFeeBps) from the winning side's payout. The per-token net redemption rates are exposed as netUsdcPerYesToken and netUsdcPerNoToken.