> For the complete documentation index, see [llms.txt](https://index-fun.gitbook.io/start/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://index-fun.gitbook.io/start/core-features/predict.md).

# Prediction Markets

### Prediction Markets

A permissionless binary options pool where users bet on index movements:

* Simple Up/Down betting on index performance
* Dynamic odds that adjust with each new bet
* Daily settlement and payout structure
* No barriers to entry for participants
* Transparent pool mechanics and pricing
* Automatic daily settlements to winners

<div data-full-width="false"><figure><img src="/files/kJfiE2zMIDLtdpeEP3zW" alt=""><figcaption></figcaption></figure></div>

{% hint style="success" %}
The prediction market testnet is now live! Head to the [V1 Guide](broken://pages/01KVuouRHspDw5aR1Jdo) to test
{% endhint %}