SECURITY
Nothing to trust but the price.
NYES holds no funds between markets, runs no order book and has no admin who can pick a result. This page explains how funds and results are protected.
01
Non-custodial.
Stakes sit in a per-market program account. They leave only as payouts, fees or refunds.
02
No resolver.
Results come from the Pyth TWAP. No key can override a settled market.
03
Fail to refund.
A stale or uncertain oracle voids the market and returns every stake with no fee.
Oracle rules
SourcePyth price feed for the listed mint
Settlement priceTWAP over the final 10 seconds
Staleness limitNo update for more than 3 s in the window → void
Confidence limitInterval crosses the strike, or exceeds 1% of price → void
Pool cap2% of onchain liquidity per market