Memecoin Prediction Market

This project implements a prediction market for meme coin prices using Anchor, a framework for Solana programs. Users can create markets for specific meme coins, make predictions on whether the price will go up or down within a specified timeframe, and settle markets based on the actual outcome.

Scope

Develop a program using Anchor to create a prediction market for Solana meme coins. Users should be able to create markets for specific meme coins, make price predictions, and settle markets based on the actual price movement.

Features

1. Market Creation: Allows users to create prediction markets for specific meme coins.
2. Placing Bets: Enables users to place bets on whether the price will go up or down.
3. Market Settlement: Settles markets based on the actual price movement at the expiry time.
4. Winning Claims: Allows winners to claim their winnings after market settlement.

Prerequisites

• Rust
• Solana CLI
• Node.js
• Yarn
• Anchor

Installation

1. Install Solana CLI:

   sh -c "$(curl -sSfL https://release.solana.com/stable/install)"

2. Install Rust:

   curl --proto '=https' --tlsv1.2 -sSf https://sh.rustup.rs | sh

3. Install Node.js and Yarn:

   curl -o- https://raw.githubusercontent.com/nvm-sh/nvm/v0.38.0/install.sh | bash
   nvm install --lts
   npm install --global yarn

4. Install Anchor:

   cargo install --git https://github.com/project-serum/anchor --tag v0.24.2 anchor-cli --locked

Setup

1. Clone the repository:

   git clone [email protected]:0xCipherCoder/memecoin_prediction_market.git
   cd memecoin_prediction_market

2. Install dependencies:

   npm install
   anchor build

3. Deploy the programs to Solana Local Testnet:

   anchor deploy

Usage

Building the Program

1. Build the Solana program:

   anchor build

2. Deploy the program to your local Solana cluster:

   anchor deploy

Running Tests

1. Run the tests:

   anchor test

2. Ensure your local Solana test validator is running - Not required for testing using anchor test command:

   solana-test-validator

Test Report

anchor test

Finished release [optimized] target(s) in 0.13s
Found a 'test' script in the Anchor.toml. Running it as a test suite!
Running test suite: "/home/pradip/Cipher/OpenSource/memecoin_prediction_market/Anchor.toml"

  memecoin_prediction_market
    ✔ Initializes the market (443ms)
    ✔ Places a bet (430ms)
    ✔ Fails to place a bet after expiry (5022ms)
    ✔ Settles the market (249ms)
    ✔ Claims winnings (433ms)
    ✔ Fails to claim winnings twice


  6 passing (9s)