Understand The Trading Risks
- Thales AMM accepts BUYS and SELLS at all times for individual markets, with exceptions when certain configurable limits have been reached.
- 1.Odds pricing limit: The AMM only offers liquidity if Implied Odds of UP and DOWN positions are between 10% and 90%, or in other words if UP and DOWN token prices are between $0.1 and $0.9. If the market movement takes these metrics outside of the specified range, the AMM stops offering liquidity for the respective market.
- 2.Time limit: The AMM only offers liquidity for a specific market until it’s 24h before Market Maturity. After the market crosses the 24h before maturity, the AMM stops offering liquidity for the respective market.
- 3.Cap limit: The AMM only offers liquidity for a limited amount of UP, DOWN, IN and OUT tokens for specific markets based on the amount of risk the AMM takes on from a specific market.