Minute Markets Documentation

Overview

Metera Minute Markets is a short-term prediction protocol that allows users to predict price movements of assets within all types of markets such as Crude Oil and BTC in continuous 5-minute cycles.

Users participate by selecting a direction (Up or Down) based on whether they believe the asset price will increase or decrease within a given round.

The system is built on the Cardano blockchain, ensuring:

• Transparent state tracking

• Deterministic outcomes

• On-chain settlement of funds

Markets run continuously, with no downtime between rounds.

Key Concepts

• Round: A 5-minute prediction cycle

• Up / Down: Direction of price prediction

• Oracle: External system providing price data

• lockPrice: Price recorded when betting closes

• closePrice: Price recorded at market resolution

• Continuous Markets: Each round triggers the next