Bonds

At 97c the market is saying an outcome is very likely, usually because most of the news is already in. It is still a position that can lose, and the ones that lose cost the full stake. Bonds finds every market above your threshold, ranks it by what it pays after fees, and lets you filter by resolution date, liquidity, spread, and risk instead of hunting through thousands of markets by hand.

• A defined holding period. Most of these settle in hours or days, so you know how long your capital is committed even though you never know the outcome in advance.
• The return is small, the loss is not. 2% over 10 days is roughly 90% a year at simple interest, but at 98c one loss erases about 50 winners. This works as many small positions and fails as one large one.
• You are paid to carry the risk, not to wait it out. Winners who want their capital back today sell at 96c to 98c and hand you both the remaining upside and the chance the market or the oracle goes the other way.

Fees decrease as the buy price rises toward $1. Higher odds mean a lower cost. The Net / $100 column shows exactly what you keep on a $100 trade after both Polymarket and Olympus fees are subtracted.