> For the complete documentation index, see [llms.txt](https://manic.gitbook.io/manic.trade-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://manic.gitbook.io/manic.trade-docs/markets/settlement-currency.md).

# Settlement Currency

All positions on Manic are denominated and settled in **USDC**.

* Stakes are paid in USDC
* Payouts are received in USDC
* Fees are calculated and deducted in USDC
* All balance displays — account balance, open position value, trading history — show USDC amounts

## Deposits and Withdrawals

To trade on Manic, users deposit USDC into their trading account. Winnings are credited in USDC and can be withdrawn at any time.

Note: Although all trading balances are in USDC, a small amount of SOL is required in your wallet to cover Solana network transaction fees (gas). This SOL is not deducted from your trading balance — it is only used for on-chain transaction costs.

## Precision

USDC uses 6 decimal places on-chain. Manic displays balances and payouts rounded to 2 decimal places in the UI for readability.