How to Trade on GADUIN: First Event Contract Guide
New to GADUIN? This step-by-step walkthrough covers how to trade on GADUIN — from your first event contract to automatic USDT settlement. Educational only.
If you have never traded a transport event contract before, this guide walks you through every step — from understanding the instrument to watching USDT land in your account after automatic settlement. No prior experience is assumed.
GADUIN is a peer-to-pool exchange for transport event contracts. Contracts settle automatically in USDT based on objective, real-world outcomes — whether a specific flight, train, or vessel departs and arrives on time or is delayed. There is no claims process, no insurer, and no discretionary adjudication. A public data source committed at activation determines the result.
Step 1: Understand What You Are Trading
Before placing any order, understand the instrument.
A transport event contract has four defining characteristics:
- An underlying event. A specific flight number, train service, or vessel voyage, identified by route, carrier, and date.
- An outcome. Each contract resolves to one of several discrete states — most commonly On Time or Delayed. Some markets also include Cancelled. You take a position on which outcome will be confirmed.
- A defined threshold. The contract’s defined threshold specifies how far a departure or arrival must deviate from the schedule for the Delayed outcome to trigger. This threshold is part of the contract specification and is fixed when the market opens.
- Automatic USDT settlement. Once the event occurs, the settlement engine queries a public data source committed at activation. If your position matches the confirmed outcome, USDT is credited to your account automatically. No claims submission is required.
GADUIN is not a broker, insurer, or bookmaker. You are trading an event contract whose value is derived entirely from a verifiable, objective transport outcome.
→ How Flight Delay Event Contracts Work
Step 2: Create Your Account and Fund It in USDT
To begin trading you need two things: a GADUIN account and a positive USDT balance.
Register. Create an account on GADUIN and complete any onboarding steps required for your jurisdiction. Note that GADUIN is not available to US persons.
Fund your account. GADUIN settles exclusively in USDT. To deposit, transfer USDT from an external wallet or exchange that supports the same network as GADUIN’s deposit address. If you do not yet hold USDT or need to convert fiat currency, the guide below covers the most common on-ramp methods.
→ USDT On-Ramp for Event Contract Trading
Start small. For your first trade, deposit only what you are comfortable exploring with. Because there is no leverage, your maximum loss on any position equals the amount you committed to enter it — no more.
Step 3: Find a Market and Read the Price
Navigate to the Markets section. Contracts are organised by transport mode (aviation, rail, shipping) and sorted by settlement date. Use the filters to narrow by route, carrier, or date.
Select a contract. Each listing shows the underlying event, the available outcome tokens (On Time / Delayed), and the current mid-price. Click through to the contract detail page to see the full specification including the contract’s defined threshold.
Read the price. Outcome tokens are priced in USDT on a 0–1 scale, representing the cost of one unit of a particular outcome.
- Suppose the Delayed outcome token for a given flight is currently quoted at 0.28 USDT (illustrative figure — not a forecast or guarantee). Buying one token costs 0.28 USDT. If the Delayed outcome resolves, the token settles at 1.00 USDT. If On Time resolves, the token expires at 0.00 USDT.
- The current price also reflects the market’s implied probability for that outcome. A Delayed token at 0.28 implies the market is currently pricing the probability of delay at approximately 28% (illustrative). This is a market estimate derived from live trading activity — it is not a guarantee of any outcome and should not be treated as a prediction.
→ Event Contract Odds & Implied Probability
Step 4: Check Liquidity and Spread Before You Order
Liquidity determines how efficiently you can enter and exit a position. Before placing your first order, review two metrics.
Bid-ask spread. The bid is the price at which you can currently sell an outcome token; the ask is the price at which you can currently buy one. The spread is the gap between them. A tight spread — say 0.02–0.03 USDT (illustrative) — signals an actively traded market. A wide spread indicates thin liquidity and increases the implicit cost of trading.
Market depth. Look at the size available at each price level in the market. If you want to buy 30 USDT worth of a Delayed token but only 8 USDT is available at the best ask, the remainder fills at progressively higher prices — a phenomenon called price impact or slippage.
What this means for your first trade. Choose contracts that show tighter spreads and reasonable depth. Your order ticket will display an estimated entry price before you confirm, so you can see the effect of spread and slippage in advance.
→ Event Contract Liquidity & Bid-Ask Spreads
Step 5: Open Your First Position
You are ready to trade. Here is the sequence.
1. Choose your outcome token. Decide whether you want the On Time token or the Delayed token. Each has its own price.
2. Enter your position size. Type the USDT amount you want to deploy. The platform calculates how many outcome tokens that amount purchases at the current ask.
3. Review the order summary. Before confirming, your order ticket shows:
| Field | Example (illustrative) |
|---|---|
| Outcome selected | Delayed |
| Tokens | 40 |
| Entry price per token | 0.25 USDT |
| Total entry cost | 10.00 USDT |
| Maximum settlement if outcome resolves | 40.00 USDT |
These numbers are illustrative only. Actual prices, token quantities, and settlement amounts depend on live market conditions and the size of your position. They are not representative of any expected return.
4. Confirm. Submit the order. Once filled, the position appears in your open contracts dashboard.
Step 6: Monitor Your Position and Understand Settlement
Before the event. While the market is open, prices continue to move as participants reassess the likelihood of each outcome. You can monitor your position’s current mark-to-market value in the portfolio view. Depending on available liquidity, you may be able to close your position early by selling your tokens at the prevailing market price.
After the event. Once the scheduled flight, train, or vessel has had sufficient time to complete its journey, the settlement engine queries a public data source committed at activation. The confirmed outcome — On Time, Delayed, or Cancelled — is recorded on-chain. No action is required from you.
Automatic USDT credit. If your outcome token matches the confirmed outcome, 1.00 USDT per token is credited to your GADUIN account balance automatically. If your outcome does not match, the token expires at 0.00 USDT and your entry cost is not returned. Settlement typically completes within a defined window after the data source publishes the final transport status. There is no claims process.
→ How GADUIN Settles Contracts in USDT
Beginner Risk Management
A few principles to keep in mind as you build experience:
- Your entry cost is your maximum loss. GADUIN event contracts are not leveraged. You cannot lose more than you commit.
- Prices reflect market opinion, not certainty. Implied probabilities change as new information arrives. A contract priced at 0.30 today may move significantly by tomorrow.
- Spreads and liquidity vary. Contracts on major routes near peak travel periods tend to have tighter spreads. Less-traded contracts or those very close to settlement may have wider spreads and lower depth.
- Settlement is final. Once the outcome is confirmed by the data source, settlement is irreversible. There is no mechanism to dispute the contractual result.
- Start small and learn the full cycle. Open a modest first position specifically to watch the full lifecycle — order fill, price movement, event, data confirmation, and automatic USDT credit — before scaling.
This article is provided for educational purposes only. It does not constitute financial advice, investment advice, or a recommendation to open any trading position. Trading event contracts involves risk of loss, including the loss of the full amount committed to any position. Implied probabilities are market estimates derived from current prices and are not guarantees or predictions of actual transport outcomes. GADUIN is a peer-to-pool exchange for transport event contracts and is not a broker, licensed financial adviser, insurer, bookmaker, or sportsbook. Not available to US persons. Trade responsibly.