A taker is a trader whose order fills immediately against existing orders in the book, removing liquidity.

Understanding taker helps you read prices and manage risk on any prediction market platform.

Example

You place a market order and instantly buy against a resting sell order at 53¢ — you were the taker.

Taking liquidity is often simpler for beginners, though it can cost slightly more than waiting to be filled as a maker.

Why it matters

Knowing how taker works lets you compare markets and avoid costly mistakes when trading.

Practical tip

Before trading, check how taker shows up on the specific platform you use, since interfaces and terminology can vary slightly between exchanges. Reviewing a few live markets is a quick way to see taker in action before risking real funds.