Big Market DAO Docs
  • BigMarket
  • Getting Started
    • Getting Started
  • DAO & COMMUNITY
    • BigMarket Token Sale Philosophy
    • Reputation & Rewards
    • Reward Tables
    • BigMarket DeFi
    • BigMarket Early Access: Unlocking Rewards
  • How it Works
    • πŸ“˜ Creating Markets
      • Creating a Market (User Guide)
      • Creating a Market (AI Integration Guide)
    • πŸ“˜ Platform Fees
    • πŸ“˜ Making Predictions
  • HACKATHON
    • Bitcoin Markets
    • Clarity Bitcoin
    • Testnet Faucet
    • Catamaran Swaps on Devnet
  • ROADMAP
    • Features
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On this page
  • BigMarket vs DeFi & OTC Platforms
  • What Makes BigMarket Different?
  • BigMarket Fee Model
  • Fee Structure Comparison
  1. DAO & COMMUNITY

BigMarket DeFi

Our fully automated, scalar prediction markets are set up on any regular schedule and take a range either side of the current price point on BTC/STX/ETH/etc.

They can run for a day or a month or longer and traders can stake on the markets taking long / short / neutral positions on price.

These markets resolve on-chain (via Pyth on-chain oracle) - no human intervention is required.

The BigMarket DAO can empower an entity to become a Market Creator on the platform with its own treasury and fee structure, thereby creating funding channels for partner projects in a fully decentralised and incentive aligned ecosystem.

BigMarket vs DeFi & OTC Platforms

BigMarket is a fixed-sum prediction market, not a traditional OTC desk or typical DeFi trading protocol.

On platforms like Curve or dYdX, trader payout is straightforward:

Net = Trade Result – Platform Fees Your result is independent of who else trades and relies on deep liquidity, provided by LPs (Liquidity Providers). These platforms function continuously and deterministicallyβ€”fees are known, and execution is fast, but detached from broader market dynamics.

By contrast, BigMarket is zero-sum. There’s no liquidity requirement up front.

Net = Share of Total Pot Won – Winner Fees Your payout depends on how many others took the same position as youβ€”and how many didn’t. It's about conviction, not execution. The distribution of stakes across Long, Short, and Neutral outcomes determines how the pot is divided among winners.

This makes BigMarket somewhere between traditional prediction markets and vanilla trading venues.


What Makes BigMarket Different?

  • βœ… No LPs required – no impermanent loss, no slippage, no fragmentation

  • βœ… Outcome-based payouts – fees only apply if you win

  • βœ… Market dynamics matter – your returns depend on positioning, not just price

  • βœ… Fully on-chain & DAO-governed – transparent fees, flexible setup

  • βœ… Supports low-liquidity, long-tail markets – viable where AMMs fail

Feature
BM Scalar Markets
Curve / dYdX
OTC

Fee Control

Fully DAO & creator-tuned

DAO/governance limited

None (private)

Fee Visibility

Transparent, on-chain

Mostly, yes

None

Winner-Based Fees

βœ… Yes

❌ No

❌ No

Market-Specific Treasury

βœ… Yes

❌ No

❌ No

Developer Incentive Clarity

βœ… Dev Fund on-chain

❌ Separate

❌ Built into spread

User Participation in Fee Policy

βœ… Active role

βœ… Indirect via tokenomics

❌ None


BigMarket is a DeFi-native, outcome-based platform that:

  • Encourages good market creation,

  • Funds protocol development sustainably,

  • Hands fine-grained fee control to the community.


BigMarket Fee Model

Our fee structure is decentralized, flexible, and aligned with stakeholder incentives in a way that is truly distinct from traditional OTC and Ethereum-based derivatives platforms;

  • πŸ”‘ Governance-first: All fees are on-chain, DAO/community-configurable.

  • πŸ”‘ Winner-pays: Most fees are charged on successful predictions, not on entryβ€”minimizing friction.

  • πŸ”‘ Modular incentives: Encourages custom markets with aligned local incentives via creator-tuned Market Fund.

  • πŸ”‘ No LPs needed: Fee extraction doesn’t depend on liquidity providers like AMMs.

Feature
BM Scalar Markets
Curve / dYdX
OTC

Fee Control

Fully DAO & creator-tuned

DAO/governance limited

None (private)

Fee Visibility

Transparent, on-chain

Mostly, yes

None

Winner-Based Fees

βœ… Yes

❌ No

❌ No

Market-Specific Treasury

βœ… Yes

❌ No

❌ No

Developer Incentive Clarity

βœ… Dev Fund on-chain

❌ Separate

❌ Built into spread

User Participation in Fee Policy

βœ… Active role

βœ… Indirect via tokenomics

❌ None

Fee Structure Comparison

πŸ“ˆ $10,000 Market Payout β€” Cross-Platform Comparison

Platform

When Fees Are Charged

Fee Breakdown

Recipients

Total Fees

Net to Trader

BigMarket (Low Fees)

βœ… Mostly on winnings

Dev Fund: 0.1% ($10) DAO (up front) Treasury: 0.2% ($20) (on winnings) Market Fund: 0.5% ($50) (on winnings)

Developers, DAO Treasury, Market Creator

$80

depends on outcome distribution

dYdX (Ethereum)

❌ Entry & exit

~0.05–0.1% per trade Γ— 2

Protocol Treasury, LPs, Referrers

$10–$20

$9,980–$9,990

Curve (Ethereum)

❌ Entry & exit

~0.04% per trade Γ— 2

LPs & veCRV holders

$8

$9,992

OTC Desk (TradFi)

❌ Embedded in spread

~1–3% markup

Desk’s profit margin

$100–$300

$9,700–$9,900


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Last updated 2 months ago