
| TIME | SIDE | PRICE | SIZE | VALUE | TRADER |
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This is a market on chess players with the highest FIDE rating, recognized by International Chess Federation on the resolution date January 8 2022, 12 PM ET. If FIDE lists Magnus Carlsen, Alireza Firouzja and Liren Ding as 1st, 2nd and 3rd place respectively on the resolution date, this market will resolve to “Yes”. Otherwise, if those players are ranked in a different order or there is a different player in the top 3, this market will resolve to “No”. Note that the number next to Carlsen needs to be 1, the number next to Firouzja needs to be 2, and the number next to Ding needs to be 3 for the market to resolve to "Yes." If two players have the same rating, but the numbers are not in the aforementioned order on the resolution time, the market will resolve to "No." The resolution source will be the list of FIDE top players: https://ratings.fide.com/
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.