Liquidity Architecture
Where liquidity in PolyWin comes from, and what it converges into.
Liquidity should not be a single platform's private balance. In PolyWin it is a layer that several kinds of capital can supply.
External Liquidity + PLP + Professional Market Makers + User Limit Orders = PolyBook
Four independent sources of depth feed one execution book. A trader sees one price; behind it, several balance sheets compete to fill the order.
External Liquidity
Depth sourced from external prediction venues including Polymarket, with more venues integrable over time.
PLP
Protocol-level liquidity capital contributed by users and deployed under transparent accounting.
Professional Market Makers
External firms quoting two-sided prices with their own capital and risk models.
User Limit Orders
Ordinary users posting resting orders become liquidity providers rather than only takers.
How PLP works
PLP is not a casino bankroll. It is protocol-level liquidity capital, not a house account taking the other side of users for its own sake.
- Provide liquidity to markets so orders can fill at reasonable prices.
- Absorb a controlled share of market risk within defined limits.
- Support market making across markets and sources.
- Enable cross-market hedging as the book matures (future design).