Rules

Every market carries frozen rules. The title in the panel is a summary; the rules decide the result. Read them when a threshold, a window or an edge case matters to you.

What the rules answer

Subject

• Which token, by chain and address or mint.
• Which launchpad and venue identity apply.

Outcomes

• The complete list of named outcomes.
• How boundary values are assigned. “Up 15% or more” includes exactly 15%. “Rise X%” is reached when the price touches X% above the reference, not only if it closes there.

Timing

• When entries close.
• Whether the condition is checked once, at the end of the window, or throughout the window.
• Which clock governs. On-chain questions use the chain’s block time.

Measurement

• Which metric: a launch event, a valuation, or a price.
• Which source: launchpad contract events, a venue’s swap logs replayed from finalized blocks, or venue samples taken at fixed times.
• Which reference: for price questions, the price at the moment entries close.
• What precision and rounding apply.

Exceptional cases

• What happens if the source is unavailable or stale beyond the allowed window.
• What happens after a chain reorganisation.
• Which conditions void the market.

Touch versus at expiry

These are different questions and are labelled differently:

• Touch: the level is reached at any valid observation inside the window. A token can touch a level and fall back below it, and the touch still counts.
• At expiry (the “up 15% or more” questions): the value at one defined time is compared with the reference.

Inclusive boundaries

“At least” and “or more” include equality. “Above” does not. The machine rule, the displayed question and the settlement comparison agree; if you believe they do not, do not enter, and report it.

Precedence

When short copy and the detailed rules appear inconsistent, do not enter. Pools Markets stops or corrects a market before positions are accepted; an open market is never repaired by silently changing its rule. An ambiguous market that cannot be resolved under its published rules voids, and everyone is refunded.