📖 Glossary
Explore the Forkast SDK glossary for clear definitions of events, markets, tokens, outcomes, order books, and proxy wallets.
Quick definitions of key terms used across the Forkast SDK and API.
| Terms | Definitions |
|---|---|
| Event | A high-level listing that groups one or more markets around a single question or topic. |
| Market | A single prediction market under an event, with outcomes, rules, pricing, liquidity, and status. |
| Token | An outcome token representing a specific market outcome (e.g., YES/NO), used for pricing, trading, and settlement. |
| Outcome | A specific result within a market (e.g., YES or NO) that users can trade as a tokenized position. |
| Order Book | Live list of bids and asks for an outcome. |
| Bid | Highest buy price currently available. |
| Ask | Lowest sell price currently available. |
| Proxy Wallet | Gnosis Safe wallet used to sign/execute trades. |