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Frequently Asked Questions
How does the DEGEN/USDT prediction market work?
The DEGEN/USDT market on Settled lets you trade YES or NO on whether the funding rate will be positive at the next Bybit settlement. If you buy YES and the rate is positive, your shares pay out $1. If negative, they pay $0. Prices reflect crowd sentiment in real time.
When does the DEGEN/USDT funding rate settle?
Bybit settles DEGEN/USDT funding periodically (every 1-8 hours depending on the pair). Each settlement auto-resolves the current Settled market and opens a new one. 70 rounds have settled so far.
What is the historical YES rate for DEGEN/USDT?
Historically, 58% of DEGEN/USDT rounds on Bybit have resolved YES (positive funding rate). This gives you a baseline for evaluating current market prices.
Is the DEGEN/USDT prediction market free to trade?
Yes — Settled runs on Solana devnet. You trade with free devnet USDC from our faucet. No real money, no deposits, no KYC.