ParabolicParabolicDOCS
Architecture

Settlement

On-chain payout via Base smart contracts after a 30-minute correction window.

On-chain via smart contracts on Base. 30-minute delay post-game for stat corrections.

Settlement flow
  1. 1
    Game clock hits zero
  2. 2
    30-minute settlement delay
  3. 3
    Oracle confirms final result on-chain
  4. 4
    Settlement contract executes
  5. 5
    Winners → $1.00, losers → $0.00
  6. 6
    Funds distributed to wallets
Edge cases
Overtime — Market continues. Oracle updates. Settlement after final result.
Postponed — Trading halted, positions frozen. Rescheduled within 48h → reopens. Otherwise closes at last price.
Disputed — Settlement extends up to 72 hours. Governance committee determines outcome.

Market Lifecycle

Six states from pre-game to settled.

Risk Management

Three layers protect platform solvency — liquidation engine, insurance fund, ADL.

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