Many Myriad Markets are powered by an Automated Market Maker that provide a more linear liquidity curve and make prices more predictable for traders.
Prices update automatically and dynamically as traders buy and sell, and the sum of all outcome prices always sum to $1.
Prices & Probabilities
Market prices reflect implied probability.
Price | Implied Probability |
$0.60 | 60% chance |
$0.25 | 25% chance |
$0.80 | 80% chance |
Fees
Markets have fees ranging from 0% to 2% on buy transactions, depending on the market. When you’re trading on AMM markets, the amount of fees being charged will be displayed. The API details the fees for each market as well.
Fees are used to reward liquidity providers and to generate revenue for Myriad Protocol and Builders who integrate Myriad Markets into their products.
The Myriad.Markets application charges an additional very small fee of $0.0085 on every transaction to cover blockchain gas costs.