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Opinion Markets

Prices, probability, and liquidity

How to read Polynion prices without treating them as promises.

Prices, probability, and liquidity

Polynion prices are shown like probability-style signals. Internally, prices use basis points: 10,000 means 100%.

Reading YES and NO

YES and NO prices usually move as opposite sides of the same market. If YES becomes more expensive, NO usually becomes cheaper.

A higher YES price means the market currently values YES more highly. It does not prove YES will happen.

Why prices move

  • Buying YES pushes the YES price up.
  • Buying NO pushes the YES price down.
  • Selling YES pushes the YES price down.
  • Selling NO pushes the YES price up.

What virtual liquidity does

Virtual liquidity smooths price movement. It helps the market quote trades without waiting for a matching user order.

Large trades can still move price more than small trades. Always review the quote before confirming.

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