Ultramarkets LPs don’t take the opposite side of trader bets. You’re a lender, not a counterparty. When you deposit USDC into the vault, your capital gets lent to traders who want leveraged exposure to prediction markets. They post margin, borrow from the vault, and we execute their positions directly on Polymarket. You earn yield from their trading activity without taking directional risk on event outcomes.Documentation Index
Fetch the complete documentation index at: https://docs.ultramarkets.xyz/llms.txt
Use this file to discover all available pages before exploring further.
The Flow
What You’re Actually Earning From
Trading Fees
0.5–1.5% of margin. Every position opened pays a fee. Market orders pay 0.5%, limit orders pay 1.5%. A trader depositing $1,000 margin on a market order pays $5 to the vault. This accrues whether the trader wins or loses.
Profit Sharing
10% of trader profits. When traders close profitable positions, 10% of their profit flows to the vault. If a trader makes $5,000 profit, $500 goes to LPs.
Liquidation Recovery
Remaining margin. When positions get liquidated, the vault recovers its loaned capital plus any remaining margin after covering losses.
What You’re NOT Exposed To
You have zero directional exposure to prediction market outcomes. Whether Trump wins, Bitcoin hits $100k, or the Chiefs win the Super Bowl doesn’t affect your returns.Your exposure is limited to operational risks, not market outcomes.
Your Actual Risk Exposures
| Risk Type | Description |
|---|---|
| Credit risk | Can we liquidate positions before losses exceed margin? |
| Execution risk | Can we close positions cleanly on Polymarket? |
| Smart contract risk | Are the contracts secure? |