How it works
Every flight here is a market with three possible results: on time, delayed, or cancelled or diverted. You buy the result you expect, and each winning token pays 1 sDAI.
Who runs what
Markets live on Seer, on Gnosis Chain. You trade from your own wallet, and this site never holds your funds or signs for you.
A bot picks the flights, sets the opening odds from each flight's last 30 days, and provides the first liquidity. It removes that liquidity 30 minutes before departure, or earlier if a delay or cancellation is announced. After that, trading stops being supported here.
How a result is settled
Once the outcome is known, the bot answers on Reality.eth with a bond. Anyone can challenge an answer by posting a larger bond within 3.5 days, and Kleros arbitrates if it comes to that. The rules define each result.
Risks
- You can lose everything you put into a position.
- Liquidity is thin, so large trades move the price. Check the amount you receive before confirming.
- Prices show what traders expect, and they can be wrong. They are not a forecast from an airline.
- Smart contracts, oracles and flight data can fail. A dispute can delay your payout.
- sDAI earns yield, and its value moves slightly against DAI.
Where it is available
Trading is not offered to people in the United States or in sanctioned jurisdictions. Check that prediction markets are legal where you live. Nothing here is financial advice.