Getting Started (Onboarding Journey)
The platform guide on the Prediction markets, Perpetual markets, Leverage and other factors.
Prophex is designed to be as intuitive as a betting app but as powerful as a perpetual futures exchange.
1. Find a Market
Browse markets across crypto, politics, sports, and culture.
Each market has two clear outcomes (e.g., BTC above $60k vs below $60k, Team A vs Team B).
Starting odds are seeded at 50/50, with prices updating dynamically as positions are taken.
2. Add/Customise Leverage
Select margin (the collateral you want to risk).
Choose leverage (up to 3× at launch).
See your notional exposure instantly calculated.
Example:
$200 margin at 5× leverage = $1,000 notional exposure.
3. Open a Position
Pick your side (Outcome A or Outcome B).
The system shows:
Current odds (e.g., 54% vs 46%).
How much your trade will shift the odds.
Estimated liquidation threshold.
Confirm the trade → your position is live.
4. Monitor & Manage
Dashboard view shows your:
Current P&L (profit/loss).
Liquidation price.
Current odds.
You can close your position early to lock in gains or cut losses.
Or scale up by adding more margin/leverage.
5. Resolution on Prediction markets (Not on Perpetual markets)
When the event outcome is decided:
Winning side resolves to 1.0, losing side to 0.0.
All positions are closed automatically.
Winners redeem their shares; losers are nullified.
If liquidations + losing margin are insufficient, the Insurance Fund fills the gap.
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