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All trading on ezpz.fi is collateralized in USDC — a dollar-pegged stablecoin on Solana. You deposit USDC, trade outcome tokens, and withdraw USDC. There is no separate platform token used as collateral.

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Full collateralization

Every YES/NO pair is backed by USDC locked in the market:
ActionWhat happens
Mint$1 USDC (minus fees) → 1 YES + 1 NO token
Redeem (win)1 winning token → $1 USDC from market vault
LoseLosing tokens → $0
The market USDC vault holds all player stakes for that market. Winners are paid from the same vault — not from a house bankroll.

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Where your USDC lives

LocationPurpose
Custodial walletSpendable USDC balance; holds your outcome tokens
Market vaultUSDC backing open positions on a specific market
Parlay poolUSDC backing parlay predictions
Fee vaultsPlatform and maker fees skimmed at mint

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Devnet vs mainnet

On devnet, ezpz.fi uses a test USDC mint for development. On mainnet, standard USDC applies. Always confirm which network you are on before depositing.