AMM lifecycle (M1)
No wallet popup is required for custodial AMM trades after initial sign-in.
CLOB lifecycle (v2 preview not available right now)
Polymarket-style order books use hybrid-decentralized settlement: matching off-chain, settlement on-chain.Retail CLOB trading is not available in M1. This section describes the upcoming v2 path. See Venues.
Order types (CLOB preview)
When CLOB launches, orders will behave like standard limit-order books:Status after submission
Time gates
Trades are blocked when:- Prediction cutoff - 15 minutes before event end
- Market paused - operator emergency pause
- Insufficient balance - not enough USDC in custodial wallet
- Restricted region - jurisdiction gating on certain products
Next steps
- Place a prediction - AMM walkthrough
- Redeem tokens - after resolution
- Architecture - on-chain vs off-chain detail