# General FAQ

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<summary><strong>What is Premarket?</strong></summary>

Premarket is a trading platform for assets and outcomes before they exist or resolve anywhere else. You can take positions on token launches, pre IPO valuations, real world events, options on existing assets, and tokenised real world assets.

</details>

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<summary><strong>What markets are available?</strong></summary>

Premarket supports six market categories: Prediction Markets and Yield Farm on Solana, plus Pre IPO, Pre TGE, Options, and RWA markets on MegaETH. Some categories may not have live markets at a given time.

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<summary><strong>Who can use Premarket?</strong></summary>

Premarket is available globally. Prediction Markets and Yield Farm require identity verification and are restricted in certain jurisdictions due to compliance requirements set by the liquidity partner. All other markets do not require verification and have no geographic restrictions.

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<summary><strong>Is Premarket decentralized?</strong></summary>

Premarket uses a hybrid model. Order matching happens offchain for speed. Settlement is always recorded onchain for finality and transparency.

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<summary><strong>What currency do I use to trade?</strong></summary>

USDM is the settlement and trading currency on MegaETH markets (Pre IPO, Pre TGE, Options, RWA). USDC is the settlement currency on Solana markets (Prediction Markets, Yield Farm).

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