Resolution
Every market has a resolution date. After the event happens, the oracle reads the outcome and pays out.
Prediction Markets 101 editorial team Updated April 16, 2026 1 min read
Definition
Resolution is the process of determining a market's outcome and paying out winning tokens at $1 each.
Plain-English explanation
Polymarket uses UMA's optimistic oracle to resolve markets. Kalshi uses centralized staff resolution. Either way: winning tokens pay $1, losing tokens pay $0, and your account balance updates.