Glossary
Asset capability
A versioned statement of which market primitives are valid for an asset in its current launch and data state.
Candidate market
A proposed market that has not yet passed every eligibility, risk, scheduling and creation step.
Entry close
The deadline after which the protocol rejects new positions.
Evidence
A source-bound, time-bound and verifiable observation used under a frozen settlement rule.
Launchpad adapter
An integration that maps a launchpad’s asset data and host interface into Pools Markets normalized discovery and injection surfaces.
Market
One frozen, resolvable question with named outcomes, timing, rules and outcome pools.
Market primitive
An approved machine-resolvable question form, such as threshold at expiry, threshold touch, event occurred or first to barrier.
NormalizedAssetState
The versioned representation of an asset’s identity, launch state, market observations, provenance and capabilities.
Outcome
One of 2–32 named results defined before a market opens.
Outcome pool
The total accepted stake assigned to one outcome.
Outcome share
An outcome pool divided by all outcome pools. It describes current stake distribution, not guaranteed probability or fixed odds.
Pari-mutuel
A pool-based distribution model in which winning positions share distributable losing pools in proportion to winning stake.
Position
One account’s accepted stake on one market outcome.
PredictionIntent
A non-executable, structured proposal that an intelligence component may send to the deterministic market compiler.
Resolver
An authorized participant that attests a result derived from the frozen settlement specification and verified evidence.
SettlementSpec
The frozen machine-readable rules defining observation, sources, timing, comparisons, outcomes and void conditions.
Settling
The state after entry closes while finalized evidence and required attestations are being collected.
Void
A terminal market result that returns principal because a predefined valid resolution cannot be produced.