Some markets at /markets/[slug] still use an automated market maker. Your counterparty is a pricing pool rather than a visible book of trader orders.
On an AMM page you cannot place a resting limit order or inspect order-book depth. If you need either, look for a CLOB market instead. Market cards label the mechanism.
Buying
- Enter a USDC amount and choose an outcome.
- Review estimated shares, average price, price impact, slippage and fees.
- Confirm.
Selling
- Choose the outcome you hold and enter a share count.
- Review expected proceeds and price impact.
- Confirm.
Price impact
A larger order moves the pool price more than a smaller one. Price impact is quoted up front, as part of the ticket — it is not a surprise applied afterwards. If the impact on your intended size looks steep, splitting the order does not avoid it; the pool reprices either way.
Portfolio and claims
AMM positions appear alongside CLOB positions in your portfolio, and claiming works the same way from your side. Underneath, XO routes an AMM market to a different redemption path than a CLOB condition, but that routing is handled for you. 
