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How questions resolve

A question is open while the answer is still unknown, and resolves once it isn’t. Resolution is rule-based and settles on-chain. Slate curates the question and shows you the source it resolves against. It doesn’t decide the outcome.

The timeline of a question

• Open. The market is live, the price moves, and you can take either side. Each question shows when it closes.
• Closed. At the deadline, trading stops. No new takes while everyone waits for the real-world result.
• Settled. Once the outcome is known, Hyperliquid settles the market on-chain. Winning shares pay out, and the question moves to Recently resolved for the record.

Who decides the outcome

The market is built on Hyperliquid HIP-4, and resolution follows the rule set when the question was created, against the source named in its context. When that source reports the result, the market settles on-chain. Because it’s rule-based and recorded on Hyperliquid, nobody at Slate can lean on the result, and you can verify it independently.

What your shares pay

At settlement, each share of the winning side pays $1 and each share of the other side pays $0, in USDC. The proceeds land in your Slate balance, ready to take again or withdraw. There’s nothing to claim by hand.

If a question can’t be answered cleanly

Sometimes an event is cancelled, postponed past the deadline, or the result is genuinely ambiguous. A question like that can resolve invalid rather than forcing a Yes or No. When that happens, the position is unwound at its fair value rather than paying a side. The aim is simple: you should never lose a take to a question that turned out to be unanswerable.

Seeing how a read played out

Resolved questions don’t disappear. They sit in the Recently resolved shelf on the markets page with their final outcome, so you can look back at how a question moved and how your read held up. The point of a calm room is to learn from it, not just to act in it.