How to use Verex

The wallet selector in the top-right corner switches between Demo Wallets #1–5 (regular traders, seeded with 1,000 test USDC each) and the Operator Wallet (the admin that provides liquidity and resolves markets). Everything you do — trades, positions, history — belongs to the wallet that is active.

Need more play money? Press Faucet — it mints 1,000 test USDC to the active demo wallet. Check the result right next to the wallet selector: the balance there updates immediately (it also appears at the top of your Portfolio). Buying with an empty balance also auto-faucets as a safety net, so you can never get stuck.

Open any market and use the Trade panel: pick Yes or No, enter a USDC amount (BUY) or a token amount (SELL), and submit. Your order fills instantly against the order book — the operator's market-making ladder keeps both sides quoted — and the matched pair settles on-chain a moment later. Watch the small settling on-chain… → settled chip under the fill for the transaction hash; your position appears in the Portfolio as soon as it confirms.

The Order book card shows the live depth around the mid price. Big orders walk through several price levels — the fill result shows your average price.

Questions like “Who will win the 2026 World Series?” have many candidates. Each candidate is its own Yes/No market under the hood, and the group keeps their probabilities summing to 100%: buying one candidate automatically re-prices the others. Click an outcome row to trade it; the chart tracks the top candidates over time.

Switch the wallet selector to Operator Wallet and open a market: the trade panel becomes the Resolve panel. Report the final outcome (Yes/No — or pick the winner on a group page) and confirm. The market flips to RESOLVED immediately; the payout reports settle on-chain behind the status chip. Resolution is irreversible: winning tokens are now worth $1, losing tokens $0.

Portfolio shows the active wallet's USDC balance, every position with cost basis and P&L, and the full activity feed. After a market you hold resolves, the position shows WON or LOST and a Redeem button appears — press it to burn the tokens and collect $1 per winning token. The payout lands when the settlement chip confirms, and the redemption appears in the activity feed with its realized P&L (click the REDEEM tag for the breakdown).

Anyone can create a market from Create in the top menu: write the question, pick a category, list at least two outcomes (exactly “Yes” and “No” makes a simple binary market), set the resolution time, and submit. The server creates every outcome on-chain and the operator funds the opening order books with the liquidity you chose (up to 1,000 USDC per outcome) — no gas needed from you. A progress bar tracks the batch; when it finishes you land on your new market.

1. Pick Demo Wallet #1 and hit Faucet — check the balance next to the selector.
2. Buy Yes on any market (or a candidate in a group) and watch the chip settle.
3. See the position and cost basis in Portfolio.
4. Switch to the Operator Wallet and resolve the market your way.
5. Switch back, Redeem from Portfolio, and check the realized P&L.
6. Create your own market and trade it — the operator quotes it automatically.