Skip to main content
SeesawDocs
App
Documentation Menu

Getting Started

Get trading on Seesaw in under 5 minutes. This guide walks you through connecting your wallet, understanding the interface, and placing your first trade.

Prerequisites

You'll need:

  • A Solana wallet (Phantom, Solflare, or Backpack recommended)
  • SOL for transaction fees (~0.01 SOL is enough to start)
  • USDC for trading

Step 1: Connect Your Wallet

  1. Navigate to app.seesaw.markets
  2. Click Connect Wallet in the top right
  3. Select your wallet from the list
  4. Approve the connection request in your wallet

Your wallet address will appear in the navbar when connected.

Step 2: Understand the Interface

The main trading view shows:

ElementDescription
Price ChartLive Pyth price feed for the asset
Countdown TimerTime remaining in current market
Order BookCurrent bids and asks
Order FormPlace buy/sell orders
PositionsYour open positions and P&L

Step 3: Pick a Market

Each market represents a prediction window with a configurable duration (from 60 seconds to 7 days):

  • SOL/USD - Will Solana's price go up or down?
  • BTC/USD - Will Bitcoin's price go up or down?
  • ETH/USD - Will Ethereum's price go up or down?

Step 4: Place Your First Trade

Buying YES Shares

If you think the price will go UP (or stay the same):

  1. Select YES tab
  2. Enter quantity (number of shares)
  3. Set your limit price (in USDC, max 1.00)
  4. Click Buy YES
  5. Approve the transaction

Buying NO Shares

If you think the price will go DOWN:

  1. Select NO tab
  2. Enter quantity (number of shares)
  3. Set your limit price (in USDC, max 1.00)
  4. Click Buy NO
  5. Approve the transaction

Understanding Prices

Prices represent probability and cost:

Price = 0.60 USDC per share
├── Cost to buy: 0.60 USDC
├── Potential payout: 1.00 USDC
└── Profit if correct: 0.40 USDC (67% return)
PriceImplied ProbabilityPotential Profit
0.2020%400%
0.4040%150%
0.6060%67%
0.8080%25%

Step 5: Wait for Resolution

After the market's duration window closes:

  1. The end price is captured from Pyth
  2. The market resolves (UP if end >= start, DOWN otherwise)
  3. Winning shares become redeemable for 1 USDC each
  4. Claim your winnings in the Portfolio tab

Step 6: Claim Winnings

  1. Go to Portfolio
  2. Find the resolved market
  3. Click Claim next to winning positions
  4. Approve the transaction
  5. USDC is transferred to your wallet

Tips for Beginners

  1. Start small - Trade with small amounts while learning
  2. Watch the countdown - Orders must be filled before market closes
  3. Check the spread - Tighter spreads mean better prices
  4. Use limit orders - Avoid paying more than you intended
  5. Monitor positions - Track your P&L in the Portfolio tab

Common Questions

Q: What happens if my order doesn't fill? A: Unfilled orders are automatically cancelled when the market closes. Your funds are returned.

Q: Can I cancel an order? A: Yes, open orders can be cancelled anytime before they're filled.

Q: What are the fees? A: Taker fee is 0.3%, maker rebate is 0.1%. Net cost is 0.2% per trade.

Q: What if the price doesn't change? A: If end price equals start price, it resolves as UP.

Next Steps