Getting Started
A holder list is a snapshot, not a signal
Market-holder data can show the largest public positions for each outcome, but a ranked list does not reveal intent, timing, or what a wallet…
Category: Getting Started
Practical explanations of prices, orders, and settlement.
Getting Started
One market can have three identifiers
A market ID, a human-readable slug, and a condition ID serve different workflows. Keep the mapping close to the market record before connecting discovery,…
Getting Started
A GTD order has two clocks
A Good-Till-Date order has the expiration you request and an earlier safety threshold used by the order system. Log both clocks before relying on…
Getting Started
A cancel request is not a clean slate
Cancellation can be partial. Reconcile the canceled and not-canceled orders before treating resting liquidity or exposure as gone.
Getting Started
Selling, merging, and redeeming are different exits
A position can leave your worksheet through a sale, a merge, or a redemption. Each path changes balances and timing in a different way.
Getting Started
A price-change event is not a trade receipt
A public market feed describes the book and recent prices. It does not prove that your order filled or that your account exposure changed.
Getting Started
Read the outcome identifier before the order book
A market can expose different identifiers for its question, condition, and outcome. Map the correct token or position ID before reading prices or placing…
Getting Started
A post-only rejection can be the correct result
Post-only orders are meant to rest as maker orders. If the price would cross the spread, rejection may mean the instruction worked exactly as…
Getting Started
Matched is not the same as settled
An order can be matched before its trade is mined and confirmed. Keep order state, trade state, and final exposure in separate lines of…
Getting Started
The first fill can change the risk budget
A partial fill is not only a smaller version of the original plan. It can change direction, concentration, and the room left for the…