/learn
Liquidity Learning Center
Foundational concepts for reading prediction-market orderbooks. Educational content only.
What is an orderbook?
How bids and asks form, why a midpoint matters.
Spread
Why a tight spread can still be risky.
Depth
What 'usable depth near midpoint' actually means.
Two-sided books
Why YES/NO balance is part of liquidity quality.
Freshness
How stale data distorts every other metric.
Official reward conditions
Why eligibility is not earnings.
Spotting thin books
Patterns to watch for before sizing up.
Reading risk labels
Low, Caution, High, Filtered, Insufficient Data.
Using PolyLiquid safely
A research workflow you can repeat.
This area is being calibrated. Liqo is collecting market signals for this page.