Overview
Minute Markets lets you predict whether the price of something like oil or bitcoin will go up or down over the next five minutes, then automatically pays winners when the round ends1. Each round is open to anyone with a connected wallet, and the result is decided by an outside price feed rather than the operator's discretion. It is built for people who want quick directional bets rather than long-term trades.
Minute Markets runs on Cardano and is built by Metera Protocol, the same team behind a tokenized investment index product2. Because the platform settles on Cardano, payouts are designed to follow the published rules and outside price feed directly. Positions settle through Cardano contracts. The live app offers two ways to play: a manual interface where users pick a side each round, and an automated strategies section where users can configure rule-based entries from the strategies dashboard.
Key Features
- Quick five-minute rounds. Each market runs as a short cycle: roughly five minutes to take an up or down position, then about five minutes of locked settlement before the round closes3. Rounds run back-to-back with no downtime.
- Outside price feed for results. A price feed posts the starting price at the lock-in moment and the closing price at the end. If the closing price is higher than the starting price, up wins. If lower, down wins. If they match, the pool goes to the platform3.
- Settled on Cardano, not in a house account. Funds and outcomes are recorded directly by Cardano contracts rather than sitting with the operator, so payouts are designed around the published rules2.
- Play by hand or configure rules. The main app lets you place positions yourself. The strategies dashboard lets you configure automated, rule-based entries while you are away1.
- Built by a team with a public track record. Metera Protocol publishes a named team and a parent product, which gives Minute Markets more accountability than an anonymous launch4. The operator publishes public code, including its price-feed client, on a public GitHub organization, though there is no dedicated public repository for Minute Markets itself5.
What to Expect
A typical visitor lands on a dashboard showing the current round, the next round, and a list of finished rounds with their move sizes. Connecting a Cardano wallet enables placing a position by choosing a side and a stake. The interface also shows pool sizes on each side and a payout multiplier that updates as the round fills, so you can see the implied odds before committing.
Each Minute Markets round runs as a shared pool, where the people on the winning side split the losing side's money. Winning multipliers depend on how the room is split: a one-sided book means a smaller payout for the winning side, while an even split means a larger one. The strategies area, leaderboard, and a separate dashboard for the oil market round out the experience, and the team posts product updates on the Minute Markets X account. For broader context on similar prediction and betting protocols on Cardano, browse Adastack's prediction-betting category.
