Checking prediction market orderbook
prediction_market_orderbookLive orderbook for a Polymarket market.
When to use:
Bid/ask depth, liquidity, and yes-share / no-share order structure.
Key fields:
Order Sizeis share quantity, not USD. Do not describe share size as dollar depth unless you calculateshares × price.
Yes/No price relationship:
Yes and No are complementary (Yes + No ≈ $1). A No bid at price $X means willingness to buy No when Yes is near $(1−X).
A cluster of No bids at low prices (e.g. $0.20) is resistance for Yes rallying to ~$0.80, NOT a support floor for the current Yes price.
When comparing OHLCV odds against orderbook depth, convert No-side prices to Yes-equivalent (1 − No price) before drawing divergence conclusions.
Pitfalls:
Do not treat raw no-share prices as bearish yes-share odds — prefer
prediction_market_ohlcvfor current odds / implied probability.
Prerequisites: If marketId is unknown, call
prediction_market_lookup first.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| request | Yes |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| result | Yes |