Overview
Interacting with Limitless’s order book is simple and familiar for both traders and market makers. Market orders provide instant execution at the best available price, while limit orders allow you to set your price, participate in price discovery, and earn rewards.The Orderbook
Each market has a Yes and No order book, with separate Bids (buy orders) and Asks (sell orders).
- Traders are offering to sell “Yes” shares at 51 cents — this is the price you’d pay if you placed a Market Order to buy.
- Traders are bidding 49 cents to buy “Yes” shares — the amount you’d receive if you placed a Market Order to sell.
Order Types
| Type | Description | Best For |
|---|---|---|
| Market Order | Instant execution at best available price | Quick trades |
| Limit Order | Set your own price | Price control, earning LP rewards |
Advanced Features
- Merge / Split shares — Convert between collateral and share pairs
- Negrisk markets — Category markets where only one outcome wins