From risk description to automatic settlement.
Here's what happens under the hood.
You describe your risk
You tell Hérisson what event you're exposed to, how much revenue or capital is at stake, and the timeframe. This can be anything from a rainfall threshold at a festival venue to a tariff reimbursement deadline to a talent suspension event tied to a product launch.
Hérisson maps your exposure to a contract
We search existing prediction market catalogues for contracts that match your risk parameters. If an exact match exists, we move straight to quoting. If not, your exposure is flagged as a candidate for a new bespoke contract.
Demand aggregation
If no exact market exists, Hérisson pools your request with other businesses facing similar exposures — other festival operators worried about the same weekend's weather, other importers waiting on the same refund category. We present this aggregate demand signal to prediction markets on your behalf.
Prediction market operators make the market
Our DCM partners assess the risk parameters, calculate implied odds, and seek market-makers willing to take the other side of the contract. If the event meets their listing requirements, a publicly tradeable contract is created on their CFTC-regulated exchange.
You hedge and settle automatically
You purchase contracts through Hérisson's registered US entity account. If the trigger event occurs, the contract settles automatically — no adjusters, no claims process, no paperwork. Funds are wired to your account within 48 hours of market resolution.