Settlement

Settlement is the process of finalizing a market's outcome and distributing USDC payouts to winning positions. It's the on-chain execution of the market's final truth.

Why it matters on AGON

Settlement is how you get paid. On AGON, every market from sports to crypto futures settles directly to your wallet in USDC on Base. This ensures fast, transparent, and censorship-resistant payouts.

The integrity of settlement depends on the oracle that provides the final outcome. AGON currently uses a secure admin oracle for prompt and accurate resolution of all markets found on /markets. The roadmap includes a transition to a decentralized OracleDAO, further minimizing trust assumptions. When a market resolves, the settlement smart contract automatically executes the payout.

How to apply

Settlement is the final step in a market's lifecycle, following its expiry and resolution. You don't need to manually claim winnings; the process is automated by the market's smart contract.

The core mechanism is simple. When you place a bet, your USDC is locked in the contract. After the event concludes, the oracle reports the result. The contract then unlocks the funds and distributes the total pool to the holders of the winning outcome shares. The source of truth for each market is always specified in its rules, providing a clear basis for settlement.

See also

resolution · dispute · expiry · maturity

Trading prediction markets involves risk. Not financial advice.