What are prediction markets?
Prediction markets allow users to trade on the outcomes of future events. Users buy and sell shares in different outcomes, and the market prices reflect the collective wisdom of all participants. Example: Event: “Will it rain in Lagos tomorrow?” Outcomes:- Yes (currently trading at $0.65)
- No (currently trading at $0.35)
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Events, markets & outcomes
The data model — events, markets, outcomes, and event types
Market engines
AMM vs CLOB execution
Multi-currency
Trading in USD and NGN
Trading flow
Browse, quote, order, and portfolio
Order lifecycle
Time-in-force, order types, and statuses
Market data
Price history, order book, trades, and ticker