> For the complete documentation index, see [llms.txt](https://docs.pretoke.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pretoke.xyz/using-the-platform/browsing-markets.md).

# Browsing Markets

## Events vs. Markets

The platform organizes questions into two levels:

* An **Event** is a real-world happening, like "2026 World Cup Final" or "US Presidential Election."
* A **Market** is a specific yes/no question tied to that event, like "Will Team A win?" An event can have one market (a simple yes/no) or many markets (e.g. one per possible winner).

## Finding a market

* The **homepage** lists active events grouped by category (Sports, Crypto, Politics, E-sports, Culture, Economics, Tech, and more).
* Use **search** to find an event or market by keyword.
* Each event card shows its live trading volume and, once you open it, the current YES/NO prices for each of its markets — these prices update continuously while you're browsing.

## Reading a market's price

Each market shows up to four live prices:

| Price        | Meaning                                                          |
| ------------ | ---------------------------------------------------------------- |
| **Buy YES**  | The price you'd currently pay to buy one YES share               |
| **Buy NO**   | The price you'd currently pay to buy one NO share                |
| **Sell YES** | The price you'd currently receive selling one YES share you hold |
| **Sell NO**  | The price you'd currently receive selling one NO share you hold  |

Prices are always between $0.01 and $0.99. In a healthy market, "Buy YES" price + "Buy NO" price will be close to $1.00 — that gap (if any) is roughly the trading spread/fee.

## Order book and chart

Opening a market shows you:

* A **price chart** with selectable time ranges (1 hour, 1 day, 1 week, 1 month, or all-time), so you can see how the market's odds have moved over time.
* An **order book** showing the current buy and sell orders resting at each price level, so you can gauge how much liquidity is available before you trade.

Both the chart and order book refresh live — you don't need to reload the page to see the latest prices.

Once you've found a market you want to trade, continue to [Placing a Trade](/using-the-platform/placing-a-trade.md).


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