Selling a Position
Choose Sell
Select the Sell option and enter how many shares you want to sell (up to your full position).
Review Quote
Review the quote showing:
- USDC you’ll receive
- Price per share
- Amount after the 0.5% fee
When to Sell
- Taking Profit
- Cutting Losses
- Rebalancing
If you bought shares at a lower price and the market has moved in your favor, selling locks in your profit without waiting for resolution.Example:
- Bought 100 YES shares at 30 cost)
- Current YES price: $0.70
- Sell all 100 shares for ~$69.65 (after 0.5% fee)
- Profit: ~$39.65
Partial Sells
You don’t have to sell your entire position. Enter any quantity up to your total holdings:- Sell 50% to take some profit while keeping upside
- Sell a specific dollar amount worth of shares
- Reduce to a size you’re comfortable holding to resolution
Understanding Sell Prices
When you sell, you receive less than the current “price” due to the bid-ask spread. The RFQ auction finds the best available bid, but buyers naturally want to pay less than the mid-market price. The 0.5% Vistadex fee also applies to sell transactions.Sell Limitations
Liquidity Constraints
Liquidity Constraints
Very large positions may be harder to sell at once. If you receive a poor quote on a large order, try selling in smaller chunks.
Market Close to Resolution
Market Close to Resolution
As markets approach their resolution date, liquidity may decrease as fewer traders want to take on short-term risk.
Quote Expiration
Quote Expiration
Sell quotes have a limited validity window. If you don’t confirm in time, request a new quote.
Sell vs. Hold to Resolution
| Factor | Sell Early | Hold to Resolution |
|---|---|---|
| Certainty | Lock in known P&L | Binary outcome |
| Fees | Pay 0.5% to exit | No additional fee |
| Capital | Free up USDC immediately | Tied up until resolution |
| Outcome | Accept current market price | Full payout if correct, $0 if wrong |