What is MarkIt?

MarkIt is a binary prediction market protocol built on Base L2. You take positions on real-world outcomes — like which team will win an NBA game — using USDC. If your position is correct, each token you hold resolves to 1.00 USDC. If not, it resolves to 0.

Every market has exactly two outcomes: YES and NO. You buy the side you believe in. Prices move dynamically based on demand — the more popular a side becomes, the more expensive it gets, reflecting the market's collective view of how likely that outcome is.

Two Ways to Participate

Traders

Traders take positions on outcomes. You browse open markets, evaluate the prices, and buy YES or NO tokens with USDC. If you're right, you profit. If the market moves in your favor before resolution, you can hedge your position to lock in a guaranteed return regardless of the final outcome.

Liquidity Providers

Liquidity Providers (LPs) deposit USDC into market pools. This capital underwrites the market — it's what makes trading possible. LPs earn fees from every position taken but don't pick sides themselves. Returns are driven by trading volume, not by which outcome wins.

Why Base?

MarkIt runs on Base, an Ethereum Layer 2 built by Coinbase. Base inherits Ethereum's security while offering sub-cent transaction fees and fast confirmations. All settlements happen in USDC, the most widely used stablecoin.

Ready to start? Head to the Quick Start guide to connect your wallet and take your first position.