Thanks for pointing this out! Our pricing is based on the Logarithmic Market Scoring Rule (LMSR), which dynamically adjusts prices based on demand. Here’s why we use LMSR instead of a traditional order book: 1. Transparency & Simplicity: LMSR eliminates the need for manual bids/offers, making it easier for users to participate without worrying about matching opposing trades. 2. Liquidity Assurance: Even in low-activity markets, LMSR guarantees liquidity by algorithmically setting prices, so there’s always a trade opportunity. 3. Efficient Pricing: Prices are directly tied to demand. As more shares are bought (e.g., “YES”), their price rises, and the opposing shares (e.g., “NO”) become cheaper, maintaining balance.

That said, we’re actively working on adding detailed documentation and transparent pricing formulas to help users better understand and even replicate these mechanics programmatically. Stay tuned for the API updates!