Docs/Glossary
Docs/Glossary
REFERENCE

SOLCAST terms in plain English

Use this page when a trading or creator term is unfamiliar. These definitions describe how the SOLCAST interface uses the terms.

WHAT

Bonding is the early liquidity phase; CLOB is the order-book phase; liquidity is the ability to execute without excessive impact; spread is the gap between executable sides; fill is completed execution; position is your resulting exposure; resolution is the final outcome process; claim is eligible settlement; Creator Revenue is the creator's eligible fee share.

WHY

Prediction markets combine trading, market design, and settlement vocabulary. Clear definitions make the workflow easier to reason about.

DO

Use this workflow

  1. 01

    Bonding — early market phase with curve-based liquidity.

  2. 02

    CLOB — central limit order book where resting orders can match.

  3. 03

    Liquidity — available execution capacity at useful prices.

  4. 04

    Fill — the completed portion of an order.

  5. 05

    Position — the exposure created by filled trades.

  6. 06

    Resolution — determination of the final market outcome.

  7. 07

    Claim — collection of eligible settlement value.

  8. 08

    Creator Revenue — eligible creator share from third-party filled volume.