Hibt Prediction Market Frequently Asked Questions (FAQ)

1: What is the Hibt prediction market?

Hibt Prediction Market is an innovative product that predicts and trades based on the short-term (e.g., 5-minute, 15-minute) price movements of underlying assets (such as BTC, ETH, and commodities). Each session corresponds to a specific price direction question ("bullish/Up" or "bearish/Down"). You simply choose the direction you believe is correct to participate in the trade. After the session expires, the system will automatically settle the accounts based on the actual results: winning contracts with correct predictions will be liquidated at a fixed value of 1 USDT per contract; contracts with incorrect predictions will have their value reduced to zero.

2: What does a price of 0.01–0.99 USDT represent?
 

The order book price expresses buying and selling intentions, roughly equivalent to the market's judgment on the probability of that outcome. For example, 0.65 USDT roughly represents a 65% probability expectation. The lower the price, the lower the participation cost and the greater the potential profit if the judgment is correct; the higher the price, the more likely the market believes that the outcome will occur, but the potential profit is relatively limited. Price levels do not guarantee profits or losses, nor are they equivalent to fixed odds.

3: How do I earn income? (Income mainly comes from two sources)

1. Lock in profits by closing positions early: If the market moves in your favor and the contract price rises before the end of the session, you can sell your positions and close them out at any time to realize your profits.
2. Hold-to-expiration settlement: If you hold your contract until the expiration date and the final judgment is correct, each winning contract you hold will be settled at 1 USDT/contract.

Example: You buy 100 call contracts for 0.30 USDT (cost 30 USDT). If the price rises by expiration, you will receive 100 USDT as settlement, resulting in a net profit of 70 USDT (before transaction fees are deducted).

4: Is the platform a gambling platform?
 

Hibt maintains a unified order book, and the order book simultaneously includes both synchronized Polymarket valid orders and Hibt user pending orders. User orders are only created, placed, matched, and canceled within HIbt; they are not submitted or sent back to Polymarket. Event results and settlement results are based on Polymarket data, and the platform matches and settles orders according to its rules.

5. How is the settlement price determined? What data source is it based on?

1. Judgment criteria: The target price at the start of the session is used as the benchmark, combined with authoritative Chainlink TWAP (time-weighted average price) data stream.
2. Rule: If the Chainlink TWAP price is greater than or equal to the target price at expiration, it is judged as "bullish/uptrend"; if it is lower than the target price, it is judged as "bearish/downtrend".
3. Credibility: It does not rely on any single spot market price, effectively avoiding malicious price manipulation and sudden price anomalies. The process is open, transparent and traceable.

6: Can I sell and close my position midway through the holding period?

Yes. You are not required to hold the position until expiration. During trading hours, you can sell your positions at any time using the "Close Position" or "Market Position" function to flexibly take profits or stop losses. Unfilled orders will be released as available positions simply by canceling the order.

7: What happens if I make the wrong judgment? Will I be liquidated?
 

If the prediction is incorrect, the settlement amount is 0. The maximum loss is your initial investment; there is no excess loss. Market predictions use a full payment model, do not offer leverage, do not require margin, and will not trigger liquidation or forced liquidation due to price fluctuations.

8. How are transaction fees calculated? What are some hidden fees?

1. Fee deduction rules: Platform transaction fees are only charged when an order is completed (opening or closing a position).
2. Rate Snapshot: The system will lock the current Maker/Taker rate when the order is confirmed.
3. Zero fees for settlement upon expiration: No settlement fees are charged during the automatic settlement process upon expiration of the session, and there are no hidden fees such as holding fees, overnight fees, or funding rates.

9. Which order modes are supported? What is the difference between Simple Mode and Pro Mode?

1. Supports market orders and limit orders.
2. Easy Mode: Simplifies the input interface, hides complex order book data, and automatically places orders quickly based on the best counterparty with a price protection mechanism, suitable for extremely fast decision-making.
3. Pro Mode: Provides a complete real-time depth chart, order book levels, and advanced order placement area to meet the precise order placement needs of professional traders. Both modes share the same Hibt local order book and matching chain.

10: Do I need to do anything manually if I encounter "Settlement in progress"?

No. Once the countdown reaches zero, the session will enter the "settlement in progress" state, and the transaction will automatically stop. The system will complete the on-chain/upstream data parsing and fully automatic settlement within 3-10 minutes, and the funds and billing details will be synchronized to your account records in real time.

11: What is the difference between the target price and the current price?
 

The target price is the benchmark price for the judgment result. Its source and value are determined by the upstream rules, and HIbt does not calculate it temporarily. The current price is the real-time price of the market data source. It is only used to understand the trend. Whether it is used as the basis for settlement depends on the market rules.

12: Is it easier to make money if the price is lower?
 

Not necessarily. A low price indicates that the market believes the outcome is less likely, and the potential profit is higher if the judgment is correct; a high price indicates a higher probability, but the potential profit is smaller. Price merely reflects market sentiment and does not guarantee the accuracy of the directional judgment.

13: Is it necessary to hold it until the end?
 

No. You can sell your positions before the end of the session to lock in profits or control risk; or you can hold until settlement and receive the settlement value based on the final result. Sales before settlement are recorded as "early sales," regardless of whether they are correct or incorrect.

14: What is the difference between this and a perpetual contract?
 

Predicting market movements involves a fixed short-term cycle and directional predictions: zero leverage, no forced liquidation, automatic settlement upon expiration, and maximum loss equal to the initial investment. Perpetual contracts, on the other hand, involve leverage, margin requirements, a forced liquidation line, no expiration date, and funding fees. These two mechanisms differ, and they are not the same type of product.

Disclaimer

This article is for product description and learning purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or invitation to buy or sell any digital assets. Predicting market fluctuations is a high-risk product; prices may fluctuate significantly due to market supply and demand and event outcomes. You may lose your entire initial investment if your judgment is incorrect. Please make prudent decisions based on your own financial situation and risk tolerance, after fully understanding the product rules, settlement rules, and related risks. Product features, available trading sessions, fees, limits, and page display may be adjusted according to testing progress and operational configuration. Please refer to the latest announcements and actual page display on the Hibt platform. If necessary, it is recommended that you consult an independent professional financial or legal advisor.