> For the complete documentation index, see [llms.txt](https://docs.chance.markets/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.chance.markets/chance-markets.md).

# Chance Markets

Chance Markets are fun and simple decentralized prediction market.

#### Take a chance and predict whether AVAX, JOE, and more's price will rise or fall – guess correctly to win! 

It's easy to take part:

* Predict if the price of AVAXUSD or JOEUSD will be higher or lower than it was when the “In-Progress” phase starts.
* If you enter an “UP” position, and the “Closed Price” is higher than the “Locked Price” at the end of the In-Progress phase, you win! And if it’s lower, you lose.
* If you enter a “DOWN” position, and the “Closed Price” is higher than the “Locked Price” at the end of the In-Progress phase, you lose! If it’s lower, you win.

Have fun!

### Chance Markets <a href="#pancakeswap-prediction-markets" id="pancakeswap-prediction-markets"></a>

| Chain             | Markets                                | Oracle    |
| ----------------- | -------------------------------------- | --------- |
| Avalanche C Chain | AVAXUSD, JOEUSD, BTCUSD, QIUSD, COQUSD | Chainlink |

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