Home › Glossary › CLOB (central limit order book)
A central limit order book matches buy and sell orders by price and then by time. Prices come from traders' orders rather than from a formula.
Polymarket and Kalshi trade through order books; you can read the bids and asks on each market.
Order book · AMM (automated market maker) · Limit order
Polymarket and Kalshi trade through order books; you can read the bids and asks on each market.
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