Two execution venues
ezpz.fi supports two ways to trade outcome tokens:
| Venue | How it works | M1 status |
|---|
| AMM | Swap against a liquidity pool | Live — default for retail predictions |
| CLOB | Match limit orders off-chain, settle on-chain | Future — v2 release |
/authoring).
AMM (current default)
- Prices set by the pool curve (LS-LMSR cost function; legacy CPMM phased out)
- Always available as long as the pool has liquidity
- Best for players who want instant execution
- Makers seed liquidity at publish time
See Prices & AMM for details.
CLOB (coming soon)
The CLOB (central limit order book) works like Polymarket’s order book:
- You sign an order intent off-chain
- The matching engine pairs buy and sell orders
- Matched fills settle atomically on-chain via the exchange program
Key properties:
- No custody — the exchange program verifies signatures and swaps tokens between makers
- Limit orders rest on the book until filled or cancelled
- Requires delegate approval on your token account (similar to Polymarket’s
setApprovalForAll)
Retail CLOB trading is gated off in M1. Limit orders and Count Bars derivatives are planned for v2.
Why two venues?
| Use case | Better venue |
|---|
| Quick retail predictions | AMM |
| Professional market making | CLOB |
| Tight spreads on liquid markets | CLOB |
| New markets with thin liquidity | AMM (maker-seeded) |
