An order book is a live ledger of buy and sell intentions for a market. It's the most traditional approach to several well-stablished structures where trades take place, such as:
How are prices determined? Futuur uses an Automated Market Maker (AMM), an algorithm that allows us to provide a buy or sell price for any outcome at any time. This is in contrast with a traditional “order book” approach used, for instance, in a stock market or financial exchange, which requires that both sides of a trade are present at the same time in order for a trade to occur. The AMM ...
The order book shows all open buy (bid) and sell (ask) orders for a market outcome, aggregated by price level. Use it to understand where the market is trading and to pick a good price for a limit order.
Before placing an order, check the live order book to see current bid and ask prices. This is especially useful before placing a limit order. python curl
Retrieve aggregated order book data for a specific market within an event, including bids and asks at each price level.