Pubhouse is a meta prediction market platform on Solana that lets anyone create and trade short-term price or odds movements of Polymarket event markets. Instead of betting only on the final outcome of an event, users can trade whether a Polymarket market’s odds will move up or down over a short period.

Each Pubhouse market resolves automatically after one, four, or six hours based on the relevant Polymarket odds at the end time, without requiring a traditional oracle. Markets use parimutuel settlement: the winning side receives the losing side’s bets in proportion to the number of winning shares held.

Pubhouse uses a two-token market structure, with YES and NO shares trading on separate constant product bonding curves. Market creators provide initial liquidity, traders buy shares from either side, and prices move based on supply and demand. Trading fees are distributed to platform users, with 80% going to $PUB stakers and 20% going to market creators.