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What is PMX?

PMX lets anyone create and trade binary prediction markets on Solana. Each market has two custom outcomes (e.g. UP / DOWN, FLIP / NOFLIP) represented as tokens you can buy and sell. Markets resolve to one winning outcome. Winning tokens pay out $1 each. Losing tokens are worth $0.

Market Strategies

PMX supports multiple market strategies:

Orderbook (CLOB) — Live Now

The Central Limit Order Book is our flagship strategy. Orders are placed and cancelled entirely off-chain for speed and zero gas costs. All funds are held in program-controlled smart wallets on Solana, and only settlement happens on-chain.

Seeded AMM / Parimutuel Pool / DLMM — Coming Soon

Additional market strategies including Seeded AMM, Parimutuel Pool, and DLMM (Dynamic Liquidity Market Maker) markets are currently in development and will be available soon. These will support on-chain liquidity provision, constant-product market making, and proportional payout pools.

What can you build?

  • Trading bots — monitor prices and auto-trade based on signals
  • Market aggregators — display PMX markets alongside other platforms
  • Custom interfaces — build your own UI for creating and trading markets
  • Analytics dashboards — track positions, P&L, and market activity
  • AI agents — let agents create or trade markets programmatically

How it works

1

Deposit USDC

Deploy your smart wallet and deposit USDC. Your funds are held by the Solana program — fully self-custodial.
2

Trade

Place orders by signing a message with your wallet. The matching engine handles execution off-chain with sub-second latency.
3

Resolve

When the outcome is known, the market resolves. Winning tokens become redeemable for $1 USDC each.
4

Redeem

Holders of the winning token redeem through the API for USDC payouts.

Orderbook Introduction

Learn how the PMX Orderbook works

Quickstart

Authenticate, deposit, and place your first trade in 5 minutes

Full Lifecycle

End-to-end guide: auth, smart wallet, trading, PnL, redemption, and withdrawal

API Reference

Browse all orderbook endpoints

Conditional Tokens

How split, merge, and redeem work under the hood