How a round works
Round opens — anchor price is set
At the start of each round, the live spot price for BTC, ETH, or SOL is captured from the Pyth Hermes price feed on Base. This becomes the “price to beat” — the anchor for the round.
Trading window opens
You can buy UP or DOWN shares at the current market price. For 5-minute rounds, the trading window runs for 4 minutes 30 seconds. For 15-minute rounds, it runs for 14 minutes.
Halt window
Trading freezes 30 seconds before resolution on 5-minute rounds (60 seconds for 15-minute rounds). This halt window prevents last-second exploitation where a trader can see the outcome is clearly locked in and dump size into stale quotes.
Resolution — Pyth snapshot
At the resolution moment, the Pyth Hermes feed delivers the canonical spot price. UP wins if spot ≥ anchor; DOWN wins if spot < anchor. Winning shares pay $1 each.
Available markets
BTC 5-minute
Rolling, always-on. Anchor set from Pyth Hermes BTC/USD feed.
BTC 15-minute
Rolling, always-on. Longer window for slightly less noisy price action.
ETH 5-minute
Rolling, always-on. ETH/USD from Pyth Hermes.
ETH 15-minute
Rolling, always-on.
SOL 5-minute
Rolling, always-on. SOL/USD from Pyth Hermes.
SOL 15-minute
Rolling, always-on.
Why 5-minute markets are interesting
Tight feedback loop. Traditional prediction markets run for days, weeks, or months. You wait a long time to find out whether your forecast was right. On 5-minute markets, you know within minutes. This makes the product useful for skill-building: you get dozens of data points per day rather than a handful per month. Pure price-action trading. You don’t need a long-term thesis on Bitcoin’s value. The question is narrower: which way is BTC moving in the next five minutes? This suits technical traders, momentum traders, and anyone who watches charts closely. Always-on. Crypto trades 24 hours a day, seven days a week. So do these markets. There’s no waiting for a market to open. Differentiated product. You can’t trade 5-minute crypto markets on Polymarket or Kalshi. BlockForecast is the only platform currently offering sub-hourly rolling Bitcoin prediction markets at this level of accessibility.Reading the chart
The market page shows a live spot price chart sourced from the Pyth feed. A horizontal line marks the anchor price for the current round. A pulsing dot tracks the current spot price at the rightmost edge of the chart. The dot and chart color update in real time:- Green — current spot is above the anchor (UP is currently winning)
- Red — current spot is below the anchor (DOWN is currently winning)
Trade protections
Short-duration markets attract a specific kind of risk: a well-capitalized trader who can observe the spot price ticking clearly toward resolution can dump large size into the market seconds before close, exploiting stale market-maker quotes. BlockForecast layers four defenses against this:Halt window
Halt window
The order book closes 30 seconds before resolution on 5-minute rounds, and 60 seconds before resolution on 15-minute rounds. No trades are accepted during this window.
Time-decaying impact cap
Time-decaying impact cap
The maximum price impact per trade tightens as resolution approaches: 10% → 7% → 4% → 2.5%. Large orders placed close to resolution receive a worse fill rather than moving the price significantly.
Position cap
Position cap
Per-wallet USDC exposure on a single round steps down as the round nears resolution: 20,000 → 1,000. This prevents late-stage position-building by well-capitalized accounts.
Quote auto-clamp
Quote auto-clamp
If your order size exceeds available depth, the system returns a smaller fitting quote rather than failing the order outright. You get a partial fill at the available price rather than an error.
Fees
The standard creator fee is 0.5% per trade, plus a small protocol fee. As a round approaches resolution, the effective fee can increase up to 5% during the final seconds to deter informed flow. This ramp is applied only in the window immediately before the halt.How to place a trade
Deposit USDC
You need USDC on Base. Use the in-app bridge to convert any crypto in one click. See How to Deposit. Minimum trade is $1 USDC.
Go to the 5-minute markets
Navigate to Markets and filter by the binary category, or search for BTC, ETH, or SOL.
Read the current round
Check the anchor price (horizontal line on the chart), the current spot price, and the time remaining. Current YES and NO share prices reflect the crowd’s directional lean.
Buy UP or DOWN
Click UP if you believe the price will be at or above the anchor at resolution. Click DOWN if you believe it will be below. Enter your USDC amount and confirm.
FAQ
What's the resolution source?
What's the resolution source?
The Pyth Hermes price feed on Base. The canonical price is the Pyth snapshot at the exact resolution moment.
What if the Pyth feed is unavailable?
What if the Pyth feed is unavailable?
Can I place a limit order?
Can I place a limit order?
Yes — the CLOB (central limit order book) phase of trading accepts resting limit orders that fill against incoming market orders.
Why does the timer sometimes show more than 5 minutes?
Why does the timer sometimes show more than 5 minutes?
Rounds are pre-created so there’s no gap between them. Before the next round opens, the timer shows “Starts in MM:SS”. Once the round is live, it flips to a countdown to the halt time.
What's the minimum trade?
What's the minimum trade?
$1 USDC.