Guides

Redeem

Collect what your positions return once a market has settled.

Steps

  1. Open the market in the app. Its status reads Settled or Settled at midpoints, and the panel beside the bell shows what your positions return.
  2. Choose Redeem all there, and approve each transaction in your wallet. It merges every matched UP and DOWN of a band back to the band's width with no fee, then redeems what is left.
  3. Or work one band at a time under Your positions: Merge for matched pairs, Redeem UP or Redeem DOWN for the rest.

USDC arrives in your wallet as each transaction is finalized. There is no deadline to redeem.