Using FMZ to Access Polymarket Markets, Positions, and Orders
Summary
This tutorial outlines how to connect Polymarket through FMZ and use its exchange interface to inspect markets, retrieve prices and order-book depth, check balances and positions, place or cancel orders, and redeem eligible positions. It explains that valid symbols come from the market-list function and use a market slug, USDC, and a Yes or No outcome. Outcome token prices range from zero to one and represent the market’s implied probability.
The examples also show how to scan markets for Yes outcomes within a chosen price range and how to sell positions when clearing a portfolio. These are practical interface examples rather than a trading strategy or performance study. The document gives no analysis of fees, slippage, API failure handling, market liquidity, or risk controls. Users would need to account for those factors and verify the platform’s current API behavior before relying on the examples in live trading.
Key ideas
- Obtain valid Polymarket symbols from the platform’s market-list function before requesting data or placing orders.
- Yes and No outcome tokens represent whether an event occurs, and their prices express implied probabilities.
- The interface examples cover market data, account and position checks, order placement, cancellation, and redemption.
- A market scan can filter Yes outcomes by price, but the example does not establish a profitable strategy.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.