Definisi
YES / NO
Dua hasil pelengkap bagi pasaran binari Polymarket.
YES / NO
Definition
YES and NO are the two complementary outcomes of a binary Polymarket market. Each outcome is represented by an ERC-1155 outcome token under the Gnosis Conditional Token Framework (CTF). At settlement, each winning token redeems for $1.00 of pUSD; losing tokens redeem for $0.00.
In context
On Polymarket a binary market always has exactly two outcomes: YES and NO. At fair value their prices must sum to $1.00 (for example, YES $0.63 + NO $0.37 = $1.00). When both legs are priced below $1.00 in aggregate—i.e., bestAsk(YES) + bestAsk(NO) < $1.00—a trader can buy the complete set and capture the difference. PolyArb calls these opportunities "intra-market binary" arbitrage.
You will encounter YES and NO everywhere on Polymarket UI, APIs, and smart contracts: market listings from Gamma, order books from the CLOB, and outcome tokens managed by the CTF all reference the two outcomes explicitly. Tick size, fees, and order types apply equally to both sides; maker fees are zero while taker fees vary by category.
See also
- /glossary/edge