Glossary
ANYONE — The protocol, the app at anyone.market, and the token every market uses.
bANYONE — The testnet token used in the beta, on Base Sepolia. It has no monetary value and is not the ANYONE token.
Base — The Ethereum layer-2 network ANYONE runs on.
Base Sepolia — Base's test network, where the beta runs.
Burn — Permanently removing tokens from the supply. 25% of every trading fee is burned.
Chance — An outcome's share of the pool, shown as a percentage.
Claim — Withdrawing a payout or a refund from a market to your wallet.
Coinbase Exchange — The only price source ANYONE uses to resolve markets.
Creator — The account that created a market. Today every market is created by ANYONE.
Factory — The contract that creates markets and holds the protocol's settings.
Faucet — Where you get free test ANYONE in the beta.
Fee — 1% of every position, split on-chain when the market resolves.
List for sale — Putting a position on a market's exit list at your price, so another trader can buy it.
Live — The race that is running right now.
Mandate — The rules a market maker's pool buys under: market types, most per market, least per trade, total exposure and discount.
Market host — The contract that holds the pools and positions of the markets it hosts.
Market maker — Someone who runs a pool of ANYONE that buys positions from traders who exit early, under their own mandate.
Multiplier — What a side would pay per ANYONE if the market resolved at this moment, for example 1.59x.
NUKE — Cancelling a market. Every position is refunded, fee included.
Open price — An asset's price when a race starts. Its % change is measured from here.
Outcome — One of the possible answers to a market's question: Yes or No.
PMM V2 — The second version of the Parimutuel Market Maker, the contracts that run every ANYONE market.
Pool — All the ANYONE in a market's positions. Winners split it.
Position — The ANYONE you put on an outcome, after the fee.
Presale — Tomorrow's race, already open for positions before it starts.
Race — A daily market between two assets: which one has the higher % change in 24 hours.
Rebate — The part of every fee returned to every trader who held a position to the end, winning or losing.
Principal — What you put into the pool, after the fee.
Rising floor — What being early earns: half of every position taken on the other side after yours is credited to your side, and paid to you if your outcome wins.
Resolution — Recording a market's winning outcome on-chain.
Resolver — The approved address that resolves a market. Today, the ANYONE resolution service.
Sell — Selling a position before the market ends, to another trader or a market maker pool.
Sponsor — Adding ANYONE to a market to deepen its exits and its rebate. Sponsorship never enters the pool.