How Manic Works

Built With Delight, Designed for Everyone

Tap once to pick HIGHER/LOWER for the market, get instant feedback, and settle on-chain.

• On Manic, users can buy HIGHER or LOWER a specific market (e.g. BTC price) with flexible stakes and leverages.

• The payout is automatically calculated by a precise payout model with the consideration of the current price of the underlying asset, market volatility, and timeframe.

• Markets on Manic are resolved immediately and automatically when they expire.

• At expiration, the settlement is fully on-chain and auditable.

Here is an example:

• On the BTC market, user A buys HIGHER with a $10 stake as the user believes the BTC price will go up in the following 60 seconds. The digitalPrice at that moment is 0.625, meaning the model estimates a 62.5% chance of winning.

• After 60 seconds, the market expires, and BTC price goes actually higher than the entry price when user A makes the position.

• As the price is aligned with user A's holding direction, user A can claim the $16 winning reward, resulting in a $6 profit for this trade.