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

# Market 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.

## After Resolution

When a market resolves:

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

## 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.

## Finality of Settlement

All settlements are final in accordance with the [Polymarket US Exchange Rulebook](https://polymarketexchange.com/files/legal/Polymarket%20US%20Rulebook%20\(2025.11.25\).pdf).