What are Koo event contracts?
Koo Event Contracts are derivatives whose value follows a defined event metric. Koo currently supports Goal Difference delivery contracts and exchange Market Share perpetual contracts; the two product types use different funding and settlement rules.
Key information
- Goal Difference: Delivery contract, no funding
- Market Share: Perpetual contract, funding applies
- Both use USDC margin and account-level Cross Margin risk.
Goal difference delivery contracts
Settlement price = 10 + home-team goals − away-team goals.
Settlement uses the official score after regular time plus stoppage time, excluding extra time and penalties.
At 90:00, new orders and order modifications stop. Order cancellations remain available, and NFT Account transfers are locked until settlement.
If the match has no valid official result, the contract is voided, orders are cancelled and positions are closed with no trading PnL. Treatment of prior trading fees follows the contract rules.
Exchange market share perpetuals
The price represents the target exchange’s share within the published included venues, time window and weighting method.
The contract is a linear USDC perpetual with no expiry and dynamic funding.
Trading it does not represent ownership of the exchange, its equity or a token.
Before you trade
Review the contract type, index meaning, data source, trading stage, maximum leverage, funding rules and lock or settlement time. Read the full contract rules before placing an order.
Risks
Price reflects trading and defined inputs; it is not an objective probability or a guaranteed outcome.
Event Contracts involve liquidity, leverage, data-source and settlement-rule risks.
FAQ
No. Market Share perpetuals use funding; Goal Difference delivery contracts do not.