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TRADING & AMMS

Bid-Ask Spread

Definition

The bid-ask spread is the difference between the highest price buyers are willing to pay (bid) and the lowest price sellers are willing to accept (ask). Tighter spreads indicate better liquidity.

Example

💡 Example

If ETH has a $1999 bid and $2001 ask, the spread is $2. AMMs don't have traditional spreads but have equivalent trading costs.

Risks to Consider

⚠️ Risks
  • Wide spreads increase costs
  • Low liquidity
  • Market inefficiency

Related Terms