1. Sign Up
Connect your wallet or create an account.2. Deposit USDC
Deposit USDC to your Ultramarkets account. This becomes your available margin for trading.3. Explore Markets
Browse available markets. Each market shows:Current Probability
The current market price
Close Date
When positions will auto-close
Max Leverage
Maximum leverage available
Volume & Change
24h volume and price change
4. Open Your First Position
1
Select a Market
Choose from available prediction markets
2
Choose Direction
Pick Long or Short
3
Enter Margin
Set your margin amount (min $10 USDC)
4
Select Leverage
Start low if you’re new
5
Review Preview
Check entry price, liquidation price, and fees
6
Confirm
Execute your trade
Start with lower leverage (2x-5x) while you learn the platform. You can always increase later.
5. Monitor Your Position
Your dashboard shows:| Metric | Description |
|---|---|
| Current price | Where the market is trading now |
| Entry price | Where you entered |
| P&L | Current profit or loss (unrealized until you close) |
| Health | Your buffer before liquidation (watch this) |
| Close date | When the position will auto-close |
6. Close When Ready
Hit “Close Position” to exit. You’ll see:- Final P&L
- Profit share (if profitable)
- Amount returned to your account
There’s no penalty for closing early. Exit whenever you’re ready to take profits or cut losses.