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When a market agrees on a winner, that winning side doesn’t just pay out and disappear — it graduates into its own standalone token you can keep holding and trading. Buy it, hold it, or sell it, here on Morfi and on other apps too.

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What graduation means

The winner is locked in

Once a market resolves, the outcome that won is final. There’s no referee and no admin call — the market itself decided.

It becomes its own token

The winning side opens as a standalone token with its own live, moving price.

It trades anywhere

It’s now open to the whole market — tradable here and on other apps, so anyone can buy in.

Your stake can grow

Keep holding your winning stake. If more people buy, the price — and what your stake is worth — can climb.

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A worked example

Leah backs “Dune wins Best Picture” in a film-awards market. As more money flows onto her side, it holds the lead long enough that the market agrees — and that outcome is locked in as the winner. Now it graduates. The Dune side becomes its own token with a live price, open to buyers everywhere. Leah keeps her stake. Over the next few days, more people pile in and buy it — the price climbs, and the value of what Leah holds climbs with it. She can hold for more, or sell whenever she likes.
Prices move freely after graduation and can fall as well as rise. Once a winner is trading on its own, its price is simply whatever people will pay — and that can swing both ways.

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Want more detail?

No. You claim your share of the prize pool, and you can keep holding the graduated token for as long as you like. Selling is always your choice.
A graduated winner is a real, standalone token — not locked inside Morfi. That means buyers from across the wider market can find it and trade it, which can bring in more activity.
Just supply and demand. Before resolution you’re backing an outcome; after graduation you’re holding a token whose price is whatever buyers and sellers agree on. It can go anywhere.

Winners

Discover graduated winners ranked by trend, volume and biggest gainers.

Payouts

How you claim your share of the prize pool when a market resolves.