PrediX Market
About PrediX
Section titled “About PrediX”Trading on PrediX combines two liquidity sources in a single trade - the Central Limit Order Book (CLOB) where makers set prices, and the AMM pool (Uniswap v4) that always quotes a price. The Router automatically picks the best route per trade, so you get the best price available across both, on every order.
This is familiar for both traders and market makers. Market orders execute instantly at the best available price across CLOB and AMM. Limit orders let you set your price, participate in price discovery, and rest on the orderbook until matched.
Market Types on PrediX
Section titled “Market Types on PrediX”| Kind | Description | Example |
|---|---|---|
| Binary | Simple YES / NO | “BTC > $100k before 2027?” |
| Scalar | Long / short with a strike, linear payout | “Vietnam GDP 2026 (USD billion)?” - long > strike, short < strike |
| Multi-outcome event | N sub-markets mutually exclusive, exactly 1 wins | “Who wins FIFA WC 2026?” - 48 teams, 1 market per team |
| Sports | Pre-structured for tournaments | Premier League season winner |
| Grouped | Markets grouped by theme | “AI capabilities milestones 2026” group |
The Orderbook (CLOB)
Section titled “The Orderbook (CLOB)”Each market has a YES and NO orderbook, with separate Bids (buy orders) and Asks (sell orders).
For example, in a market about the BTC price:
| Side | Price | Meaning |
|---|---|---|
| Best Ask | $0.51 |
Lowest price someone is willing to sell YES at - you pay this if you Buy at market |
| Best Bid | $0.49 |
Highest price someone is willing to pay for YES - you receive this if you Sell at market |
| Spread | $0.02 |
Difference between bid and ask - tighter spread = better liquidity |
The lower the spread, the more efficient the market. As makers place tighter limit orders, the spread shrinks and execution improves for everyone.
The AMM Pool
Section titled “The AMM Pool”Behind every market is also a Uniswap v4 pool with a custom hook designed for prediction markets. The pool always has liquidity, even when the orderbook is thin or empty.
| Property | Value |
|---|---|
| Pricing | Continuous - every price between $0.01 and $0.99 is quotable |
| Liquidity source | LP positions (anyone can be an LP) |
| Fee | 0.30% per swap, paid to LPs |
| Availability | 24/7, even on brand-new markets with empty orderbooks |
The AMM ensures you can always trade, no matter the orderbook depth. This is PrediX’s edge over pure orderbook exchanges where new markets often start with no liquidity.
The Router - Best of Both
Section titled “The Router - Best of Both”When you place an order, the Router queries both CLOB and AMM, then routes your trade to the best price available via CLOB + AMM Hybrid.
You don’t choose CLOB vs AMM - just click Buy or Sell. The Router handles routing automatically and delivers the best execution.