it’s perpetual by design. a lot of the most interesting takes don’t have a clear resolution date in the first place, like “is ETH mid,” “is this cycle over,” or “is X cooked.” there’s no oracle that can really make that call, so the market just stays open.
YES and NO are basically two separate attention tokens with their own curves. whichever side attracts more conviction moves up, so the price reflects sentiment in real time.
that’s kind of the fun part. you can trade opinions that may never formally resolve, take profit whenever sentiment shifts, and never have to wait for someone to declare a winner.