Liquidity
LMSR and Automated Market Makers: The Math Behind Prediction Market Liquidity
Derives the Logarithmic Market Scoring Rule (LMSR) cost function, price function, and bounded loss theorem. Compares LMSR to CLOB and constant-product AMMs for autonomous agent trading.
Read → Layer 3 — TradingMarket Microstructure for Prediction Markets: Orderbooks, Spreads, and Liquidity
How prediction market orderbooks work — CLOB architecture, bid-ask spreads, depth of book analysis, slippage modeling, and maker-taker fees for autonomous betting agents.
Read →Best Market-Making Bot for Kalshi 2026: Provide Liquidity, Earn Spread
Best market-making bots for Kalshi in 2026. Order book mechanics, spread management, and automated liquidity on regulated contracts.
Read →Best Market-Making Bot for Polymarket 2026: Liquidity Provider Picks
Best market-making bots for Polymarket in 2026. Automated liquidity provision, spread management, and inventory control for the CLOB.
Read → All LayersHow to Buy a Market-Making Bot for Kalshi: Buyer's Checklist
Buyer's checklist for a Kalshi market-making bot. What to evaluate, API setup, spread configuration, inventory management, and risk controls.
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