Each share pays $1 if its side wins; if it loses, the stake is lost. Priced from the order book now, at the best prices on offer, in whole shares, before fees.
Yes the moment BTC touches $70,000 before Tue 1 Dec, 09:00. Otherwise No.
A share on the wrong side pays $0. Payouts go to your balance automatically.
SourceThe 3-second TWAP of the Hyperliquid BTC perp mark price
Rules
The market resolves to Yes if the BTC price touches 70,000 at or before Dec 1, 09:00, and otherwise resolves to No. The price counts as touched once the 3-second TWAP of BTC-USDC perp mark price equals or crosses 70,000 at any time after this market is deployed and at or before Dec 1, 09:00; the market can settle as soon as a touch occurs. If BTC is delisted before this market settles, the BTC settlement price at delisting counts as the final price for the touch determination, and the market can settle at delisting if the price has not touched 70,000 by then.