Markets and rounds
LaunchLab offers Up or Down markets for the assets shown in the app.
Round sequence
- A quote opens for a 60-second or five-minute horizon.
- The quote shows a strike, stake, direction, lock time, and potential gross payout.
- Your signed intent reaches the vault before the lock time.
- The round ends after its set duration.
- A trusted result signer reports Up, Down, Push, or Cancel.
- The vault settles the bet and updates its pooled assets and liabilities.
The strike is the reference price for the round. Up wins when the settlement price is above the strike. Down wins when it is below the strike. An equal price can produce a push.
Entry times
| Round length | Bets accepted | Bets frozen |
|---|---|---|
| 60 seconds | From round start until 10 seconds remain | Final 10 seconds |
| Five minutes | From round start until 60 seconds remain | Final 60 seconds |
The contract rejects a bet at the exact lock time. A bet must enter the contract before that time.
Quote checks
The contract checks the user-signed trade intent, stake, minimum multiplier, time window, and nonce. A trusted, selector-limited executor supplies the current fill. The session policy also limits which contract calls a session key can make.
The website can reject a quote before submission when the market is stale, the lock is too close, or the quoted multiplier is below the value that you accepted.
Settlement limits
The current contract records an outcome but does not store the strike, settlement price, or price proof with that result. There is also no onchain maximum time by which the result signer must resolve a round.
Treat the result signer as a trusted protocol role. See Trust model.