> For the complete documentation index, see [llms.txt](https://turboflow.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://turboflow.gitbook.io/whitepaper/turboflow/products/event-contracts.md).

# Event Contracts

### Overview

Event Contracts are short-term Higher / Lower trades on a market over a fixed time window.

You choose the market, select the duration, enter your stake, and pick Higher or Lower. When the timer ends, the contract settles automatically.

Each trade comes down to one clear question:

**Will the market be higher or lower at expiry?**

Event Contracts are designed for traders who want fast, simple directional exposure without the moving parts of traditional leveraged products. **There is no margin management, no funding, and no liquidation management during the life of the contract**.

At launch, Event Contracts are available on major crypto markets such as BTC and ETH. Supported markets may expand over time based on product rollout, liquidity, and risk settings.

### How It Works

1. Choose a supported market.
2. Enter your stake.
3. Choose Higher or Lower.
4. Wait for settlement at expiry.

Two prices determine the outcome:

* Enter Price: the price when your order is accepted
* Exit Price: the price at the contract's settlement time

If your selected direction is correct under TurboFlow's settlement rules, you receive the payout shown before confirming the trade.

If your selected direction is incorrect, you lose the staked amount.

**If the result is exactly flat under platform rules, your principal is returned.**

### Why Traders Use Event Contracts

Event Contracts are built for traders who want:

* clear risk per trade
* fixed settlement timing
* &#x20;fast execution
* short-term directional opportunities
* a simpler alternative to managing leveraged positions

They are well suited to traders expressing a view on momentum, short-term trend, volatility, market reaction over a defined window, or event timing and probability.

**The interface is simple, but the trading decisions can still be highly strategic.**

### Contract Durations

TurboFlow supports short-cycle durations including:

* 30s
* 1m
* 3m
* 5m
* 15m
* 1h

Shorter durations are suited to faster market moves and more active trading. Longer durations give traders more time for a move or setup to develop.

Available durations may change over time based on liquidity and risk management settings. Always check the live interface for current availability.

### Supported Markets

Event Contracts currently launch with major crypto markets such as BTC and ETH.

TurboFlow may expand support over time to additional crypto markets and other event-driven or global market categories, subject to product rollout, liquidity, and platform rules.

Users should always refer to the live product interface for the latest list of supported markets.

### Return Rate and Payout

Before entering a trade, you can see:

* the market
* the Enter Price
* the selected duration
* the Return Rate
* the estimated profit

The Return Rate for each contract reflects the current market, selected direction, contract duration, volatility, liquidity conditions, and platform risk settings.

Once an order is confirmed, that Return Rate is locked for that specific contract.

This gives traders full visibility on the payout before entering the trade.

### Pricing and Settlement

Settlement is based on TurboFlow's pricing and settlement system, which determines the Enter Price and Exit Price under the platform's official rules.

Users should always rely on the live interface and official platform rules for the latest settlement behavior, pricing references, and contract terms.

### Event Contracts vs Other Products

| Product            | What it feels like                                                           |
| ------------------ | ---------------------------------------------------------------------------- |
| Perpetuals         | Ongoing position management, margin, liquidation, and funding considerations |
| Prediction Markets | Longer-duration outcome resolution                                           |
| Event Contracts    | Short-cycle Higher / Lower trades with fixed settlement                      |

**Event Contracts sit between traditional derivatives and prediction-style products. They give traders a fast, outcome-based format with clearly defined timing and risk.**

### Important Risk Notice

Event Contracts are high-risk, short-term trading products and are not suitable for all users.

Fast settlement can lead to rapid gains or losses. You should never trade with funds you cannot afford to lose.

Supported markets, durations, return rates, settlement behavior, and platform rules may change over time. Always review the live product interface and official platform rules before trading.

Past outcomes or displayed return rates do not guarantee future results. Traders should understand the product, manage size carefully, and participate responsibly.


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