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When a prediction market resolves and you hold winning shares, those shares become redeemable for $1.00 USDC each. This page explains the redemption process.

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When Can You Redeem?

Redemption becomes available after:
  1. The real-world event occurs (or deadline passes)
  2. The market officially resolves based on its criteria
  3. The resolution is finalized on-chain
You’ll see your winning positions marked as “Redeemable” in your portfolio.

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Redemption Process

1

Check Portfolio

Open your portfolio and look for positions with “Redeemable” status or filter by redeemable positions.
2

Select Position

Click on the resolved position you want to redeem.
3

Click Redeem

Select the Redeem button. You can redeem all shares at once.
4

Confirm Transaction

Approve the redemption transaction in your wallet.
5

Receive USDC

Once confirmed, $1.00 USDC per winning share is credited to your wallet.

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Redemption Details

Each winning share redeems for exactly 1.00USDC.Ifyouhold150winningYESshares,youreceive1.00 USDC. If you hold 150 winning YES shares, you receive 150 USDC.
There is no Vistadex fee for redeeming winning shares. You only pay the minimal Solana network transaction fee.
Shares on the losing side of a resolved market are worth $0. They’ll be removed from your active positions automatically or can be dismissed.
There’s no deadline to redeem. Winning shares remain redeemable indefinitely after market resolution. However, it’s good practice to redeem promptly so you can put that capital to use.

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Resolution Outcomes

  • YES shares redeem for $1.00 each
  • NO shares are worth $0
Your P&L: If you bought YES at 0.35,yourprofitis0.35, your profit is 0.65 per share (1.00−1.00 - 0.35), minus the original 0.5% purchase fee.

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Merging Share Pairs

If you hold both YES and NO shares in the same market (perhaps from separate trades), you can merge them:
1

Identify Matched Pairs

Having 100 YES and 50 NO means you have 50 mergeable pairs.
2

Initiate Merge

Select the merge option for the market.
3

Receive USDC

Each YES + NO pair merges into $1.00 USDC, regardless of market resolution.
This is useful if you’ve traded both sides and want to extract guaranteed value without waiting for resolution.

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After Redemption

Once you redeem:
  • USDC is immediately available in your wallet
  • The position closes and moves to your history
  • Your realized P&L updates to reflect the final outcome
You can then use the USDC for new trades or withdraw it from Solana.