> ## Documentation Index
> Fetch the complete documentation index at: https://polymarketus.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Contract Settlement

> Learn how Polymarket US and Polymarket Clearing settle and finalize event contracts after resolution

Settlement begins once a market's outcome is finalized. Polymarket Clearing processes the settlement and updates balances automatically in your Portfolio.

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## After Resolution

When a market resolves:

* Winning shares settle at **\$1.00**
* Losing shares settle at **\$0.00**
* Your Portfolio updates automatically when settlement completes

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## Alternative Settlement

Some markets include predefined settlement terms that differ from the standard \$1/\$0 structure. When alternative settlement applies, Polymarket Clearing follows the instructions in the market's **Settlement Description**.

These terms determine how all positions are processed for that specific market.

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## Finality of Settlement

All settlements are final in accordance with the [Polymarket US Exchange Rulebook](https://polymarketexchange.com/files/legal/Polymarket%20US%20Rulebook%20\(2025.12.30\).pdf).