How Norynta works

Norynta is a UI for trading prediction markets on Solana. Markets are questions with outcomes (often “YES” and “NO”). Traders exchange outcome shares on an order book, and prices move with supply and demand.

Outcome shares

Outcome shares represent a claim on the collateral if that outcome is the final, resolved result. Holding the winning outcome at resolution entitles you to redeem value; holding the losing outcome does not.

Collateral

Markets use an SPL token as collateral (commonly USDC). Collateral is held in on-chain vaults during the market lifecycle to support settlement and redemption after resolution.

Trading on an order book

Orders are limit orders: you choose the outcome, the price (in cents), and the number of shares. When a buy and sell order cross, they match, transferring shares and collateral between counterparties (and fees, if configured).

Resolution and payout

When the event ends, the market is resolved on-chain. After resolution winning positions can be redeemed according to the final outcome.