Read the rules

The rules are the settlement contract. Six checks to run first.

A market page answers four questions: What is the claim? What are the possible outcomes? When does trading or observation end? Which evidence decides the result?

The price chart and the order book are trading tools. The rules are the settlement contract.

What’s in the header

Element	What it tells you
Question and image	The human-readable claim.
Creator and creation time	Who proposed the market, and when.
Status and time remaining	Whether trading is active, and how long is left.
Eligibility or promotional markers	Whether the market is in a campaign or reward program.
Volume	Activity already executed. Not the same as available liquidity.

The Rules and Resolution panel

A well-specified market states the observation window, the condition that makes each outcome win, the primary source, when a secondary source may be used, how conflicting or unavailable evidence is handled, and when the market is voided.

Six checks before you trade

Check	Question to answer
Scope	Does the title match the detailed condition — including asset, location, competition or product version?
Time	Which timezone and exact cutoff govern the result? Does “by” include the deadline?
Outcome	What makes YES win, what makes NO win, and are the named outcomes exhaustive?
Evidence	Which primary source is authoritative? When may a secondary source be used?
Edge cases	What happens on cancellation, postponement, unavailable data, ambiguous wording or a source correction?
Void	What exact condition makes the market invalid, and how are positions refunded?

If you cannot answer all six from the market page, that is itself information. An unresolvable question is a risk that no price accounts for.