Something measurable.
“Will it happen by this date?” A clear condition, deadline, and evidence source make a market understandable.
Prediction markets turn questions about tomorrow
into prices you can trade today. Choose yes or no.
A prediction market turns a specific question into YES and NO shares. Their prices summarize how participants value the possible outcomes. Parallax lets you explore that mechanism with sandbox credits in a local development environment.
“Will it happen by this date?” A clear condition, deadline, and evidence source make a market understandable.
A 0.62-credit YES share is often read as a 62% implied probability. It reflects a price, not certainty.
Under a binary payout, a winning share returns 1 credit and a losing share returns 0. Fees affect the net result.
A YES share pays 1 sandbox USD if the final outcome is YES, or 0 if it is NO. Its purchase price sits between those two values.
Illustrative calculation with fractional shares and a 1% app fee. Actual order tickets apply their own precision rules. No order is placed here.
price-implied probability
A market interpretation, not a forecast guarantee.
+60.29 USD after position cost and this fee.
These are conditional examples. A losing position can lose its full cost and fee. Sandbox credits cannot be withdrawn as money.
Questions and prices here are illustrative. Sandbox credits and Demo PRLX are development units, with no cash redemption. This environment does not offer live financial markets.
Lock 100 Demo PRLX to cut your simulated app fee from 1% to 0.5%.