Phases at a glance
| Phase | What it means | Your action |
|---|---|---|
| Betting | Market is open. | Place a bet |
| Awaiting resolve | Betting closed. Waiting for the resolver. | Wait |
| Pending resolution | Outcome posted. Challenge window open (24-48 h). | Flag if wrong |
| Disputed | Someone flagged the result. Admin reviewing. | Wait |
| Claimable | Challenge window passed. Payouts available. | Claim if you won |
| Refundable | Resolver never posted. Stakes returnable. | Claim refund |
| Expired | All deadlines passed. | Nothing |
The happy path
For most markets:- Betting opens when the market is created.
- The close time passes - no new bets.
- The resolver posts the outcome. Arcium decrypts every bet and computes payouts (≈10 seconds).
- A 24-48 hour challenge window opens. No flags → market enters Claimable.
- Winners claim USDC.
Edge cases
Resolver doesn’t show up. After the resolution deadline, the market enters Refundable. Bettors pull back their net stake. Someone flags the result. The market enters Disputed. An admin reviews and posts the correct outcome. Market becomes Claimable after the override. Multiple bets on the same market. Each bet is a separate position. You claim them one at a time.What’s next
- Place a bet - the Betting phase from your side.
- Claim payout - the Claimable phase.
- Dispute resolution - how to flag a bad result.