Market Data Guides

Prediction Market Liquidity Analysis Using Full Depth Data

Use full-depth Polymarket order book data to measure liquidity, spread, slippage, depth decay, and execution risk.

Prediction market liquidity analysis using full depth data gives traders a realistic view of what could have filled. In thin markets, the difference between displayed price and executable price can be the entire strategy edge.

Liquidity Metrics

  • Bid depth and ask depth by price band
  • Spread over market lifetime
  • Depth decay before resolution
  • Estimated slippage for fixed order sizes
  • Fill probability at top-of-book versus deeper levels

Why Full Depth Wins

Top-of-book data can show the best quote, but full depth shows how fragile that quote is. A market may look liquid at the top and still be expensive to trade at realistic size.

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