Event Contract Rules – x.me

1. What Is an Event Contract

An event contract is a simplified derivative product settled based on whether the underlying asset rises or falls after a specified period. You only need to predict up or down — there is no leverage, margin requirement, or forced liquidation involved.

Correct prediction: Your principal is returned and you earn a payout.
Incorrect prediction: You lose your entire staked principal.
Price unchanged (tie): Your principal is fully refunded, with no profit or loss.

2. Two Trading Modes

2.1 Classic Mode

You choose when to enter and select the expiry window:

Window options: 30 seconds / 1 minute / 5 minutes / 10 minutes / 1 hour
Custom stake amount
Suitable for users who want to combine market judgment with their own schedule.

2.2 Gamified Mode

Fixed round windows with a faster pace:

Fixed rounds (15 seconds per round), divided into three phases: "Predict → Wait for result → Settle"
Join at any time while a round is open; settlement is unified at the round's end.
Low entry barrier and easy to get started, making it suitable for light participation.

3. Price Source and Settlement Basis

The outcome of an event contract is not determined by the on-exchange traded price of any single exchange, but by the platform's Price Index as the final settlement basis.

The price source is aggregated from quotes provided by Binance, OKX, Bybit, and multiple on-chain oracle providers.
The Price Index is calculated using a weighted methodology based on spot prices from multiple major exchanges, representing a fair spot price across the broader market.

4. Funds and Fees

The opening principal is paid from your Spot Account; after settlement (correct prediction/ tie), the corresponding amount is returned to your Spot Account.
Incorrect predictions are not recorded as a separate fund movement.
Event contracts charge no additional fees, require no margin, and have no liquidation.

5. Trading Limits and Risk Controls

To ensure trading safety and responsible trading, the platform enforces the following limits:

Per-order amount limits: Each order has a minimum and maximum stake amount.
Daily loss limit: A maximum daily loss cap is set; once reached, you cannot place further orders that day and it resets the next day.
Open-order count limit: A cap is placed on the number of orders held simultaneously.

6. FAQ

How is an event contract different from traditional futures and options?
Traditional futures / options involve margin, leverage, liquidation thresholds, and complex parameters. Event contracts remove all of these — you simply choose "up" or "down," and both potential profit and maximum loss are determined before you place the order. It is a more intuitive binary directional wager.
Which trading pairs are supported?
Currently BTCUSDT, ETHUSDT, and other designated pairs are supported. The exact tradable scope is subject to the platform's published listings and may be adjusted based on market and compliance requirements.
How is the settlement price determined? Why isn't it the traded price I see on my screen?
The outcome of an event contract is not determined by the on-exchange traded price of any single exchange, but by the platform's Price Index as the final settlement basis. The price source is aggregated from quotes provided by Binance, OKX, Bybit, and multiple on-chain oracle providers.
Can I close my position early or cancel my order?
No. Once submitted, an order remains valid until expiry and can only await settlement — it cannot be closed or canceled mid-way. Please confirm your direction and amount before placing the order.
Can my loss exceed my staked principal?
No. Your maximum loss per order is limited to your staked principal. There is no additional loss caused by leverage.

Risk Warning

Event contracts are high-risk derivative products subject to significant price volatility and may result in the loss of your principal. This description does not constitute any investment advice. Please carefully assess your own risk tolerance, participate responsibly, and never invest more than you can afford to lose.