Trading & Financial Terms
Claiming
The process of redeeming winning shares for USDC after a market resolves. Winning shares are worth 1 USDC each and can be claimed directly to your wallet.
P&L (Profit and Loss)
The financial gain or loss from your betting positions. Calculated by comparing your initial bet amount to your current position value or final payout.
Slippage
The difference between expected and actual trade execution price, typically caused by market movement between initiating and completing a transaction.