Question 1

What is PXM?

Accepted Answer

PXM is a decentralized Bitcoin price prediction market built on the Sui blockchain. Users can predict whether the BTC/USD price will go UP or DOWN within a specific time frame and earn rewards for correct predictions.

Question 2

What makes this market decentralized?

Accepted Answer

PXM is 100% decentralized — all bets, payouts, and market logic run on Sui blockchain smart contracts. There's no central server, no middleman, and no one can manipulate outcomes. Everything is trustless, transparent, and verifiable on-chain.

Question 3

Is my money safe? Who controls the funds?

Accepted Answer

Your funds are always in YOUR control. PXM is non-custodial — we never hold your money. Funds go directly from your wallet to the smart contract, and winnings are sent directly back to your wallet.

Question 4

How does the prediction work?

Accepted Answer

Each round has a lock time and an end time. You place your prediction (UP or DOWN) before the lock time. At lock time, the current BTC price is recorded. At end time, the closing price is compared to determine winners.

Question 5

What is the platform fee?

Accepted Answer

A 3% fee is deducted from the losing pool only. Winners receive their original bet plus their proportional share of the losing pool (after fee deduction).

Question 6

How long is each round?

Accepted Answer

Standard rounds are 30 minutes: 25 minutes for betting (PENDING), then 5 minutes wait period (LOCKED), then settlement (CLOSED).

FAQ

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