> For the complete documentation index, see [llms.txt](https://docs.divergence-protocol.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.divergence-protocol.com/user-guide/dive-bar.md).

# 🍸Dive Bar

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The Dive Bar uses the protocol's [smart contract architecture](/technical-reference/smart-contract-architecture.md), with custom oracle contracts retrieving off-chain data feeds. These markets are introduced as pilots, and are created for those brave enough for a dive. With sufficient community interest,  and the support of third-party oracle networks, they can be integrated as staples of options offerings. Interested community members can [request](mailto:contact@divergence-protocol.com) new prediction markets to be added to the Dive Bar.  
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<figure><img src="/files/QJ8dCbdt7uLintadMqjH" alt=""><figcaption></figcaption></figure>

The prediction markets primarily adhere to the [options specs](/overview/protocol-basics/options-specs.md), with a few distinctions:

* The markets trade on the outcomes of unknown future events. They can also be configured to trade on prices of assets, including those that are not yet publicly offered.
* Each market uses one ERC20 collateral token to long and short <mark style="color:green;">YES</mark> or <mark style="color:red;">NO</mark> event outcomes
* <img src="/files/KICz5vyFPAdeSYRkSpjw" alt="" data-size="line">Spear tokens settles profitably when the event outcome is  '<mark style="color:green;">YES</mark>'.
* <img src="/files/EeXCAlrfMMmuGv4ObKLb" alt="" data-size="line">Shield tokens settles profitably when the event outcome is '<mark style="color:red;">NO</mark>'.
* The interface is designed with some similarity to orderbooks, with each liquidity position (aka sell orders) set to a minimum interval of 30 ticks.
* As is the case with [shorting options](/user-guide/short-options.md),  liquidity positions must be finalized under "Open Orders", before the shorts in <mark style="color:green;">YES</mark> or <mark style="color:red;">NO</mark>  can be [closed](/user-guide/short-options/close-shorts.md).  To close shorts, simply click "Close", approve and confirm sending the pool the prompted amount of <mark style="color:green;">YES</mark> or <mark style="color:red;">NO</mark> from holdings, and receive the reserved collateral. Note that the open shorts can only be closed in full. &#x20;

<figure><img src="/files/PjaiwYLa96TEWZE5AwMA" alt=""><figcaption><p>After finalizing a liquidity position under "Open Orders", go to "Positions" to close it. </p></figcaption></figure>

* Markets expire at custom timestamps specified as a pool's `BattleKey`. An hour after settlement,  winning long <mark style="color:green;">YES</mark> or <mark style="color:red;">NO</mark> positions can exercise for profit.  Liquidity providers who have opened shorts in losing  <mark style="color:green;">YES</mark> or <mark style="color:red;">NO</mark> positions can reclaim reserved collateral, keeping the premiums as profit.
* To [close longs](/user-guide/long-options/close-longs.md) in <mark style="color:green;">YES</mark> or <mark style="color:red;">NO</mark>,  click "Earn", select a limit price to sell your holdings and confirm adding liquidity. Don't forget to finalize these in "Open Orders" to withdraw your sale proceeds! &#x20;
* Alternative [fee](/overview/protocol-basics/fees.md) structures for the markets can be enabled.
* Last but not least, **these markets enable everyone to voice their opinions**. Click on the "Yes" or "No" button and share your views on X 🤿\_🤿

<figure><img src="/files/AzjNAHSowfJRuENKsN7a" alt=""><figcaption><p>You've got it. Just say it.</p></figcaption></figure>