Parimutuels Markets
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Powered by , Pari-Mutuels are a type of short-term options contract. Unlike traditional futures or perpetuals, these contracts are peer-to-peer: you’re not betting against a centralized exchange or a market maker, you’re betting against other traders in a shared pool.
Each contract runs on a fixed timeframe (commonly 20 seconds to 1 minute). At the end of the round, traders who picked the correct direction (e.g., up or down) share the pool of losing bets proportionally.
In simple terms: You’re not trading against the market price—you’re trading against people.
Predictability: Clear start and end times.
No slippage or hidden fees.
Inherent inefficiency—which means more opportunity.
