[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"glossary-term:order-book":3,"glossary-all":19},{"slug":4,"category":5,"title":6,"body":7,"meta_desc":8,"related":9},"order-book","trading","Order Book","An order book is the real-time list of buy orders (bids) and sell orders (asks) for an asset on an exchange, organized by price level. The gap between the highest bid and the lowest ask is the spread, and the depth of orders at each price shows how much can be traded before the price moves. Reading an order book helps traders judge liquidity and likely price impact before placing an order. Centralized exchanges typically use an order-book model, while many decentralized exchanges instead use liquidity pools and automated pricing formulas.","The real-time list of buy and sell orders for an asset on an exchange, organized by price — the core of exchange price discovery.",[10,13,16],{"slug":11,"title":12},"liquidity","Liquidity",{"slug":14,"title":15},"maker-taker-fees","Maker\u002FTaker Fees",{"slug":17,"title":18},"dex-vs-cex","DEX vs CEX",[20,24,28,31,34,37,40,43,46,49,50,51,52,56,59,62,65,68,69,72],{"slug":21,"category":22,"title":23},"blockchain","fundamentals","Blockchain",{"slug":25,"category":26,"title":27},"wallet","security","Wallet (Hot vs Cold)",{"slug":29,"category":26,"title":30},"private-key","Private Key",{"slug":32,"category":26,"title":33},"seed-phrase","Seed Phrase",{"slug":35,"category":35,"title":36},"defi","DeFi (Decentralized Finance)",{"slug":38,"category":35,"title":39},"staking","Staking",{"slug":41,"category":22,"title":42},"gas-fee","Gas Fee",{"slug":44,"category":22,"title":45},"stablecoin","Stablecoin",{"slug":47,"category":5,"title":48},"market-cap","Market Cap",{"slug":11,"category":5,"title":12},{"slug":4,"category":5,"title":6},{"slug":14,"category":5,"title":15},{"slug":53,"category":54,"title":55},"kyc","regulation","KYC (Know Your Customer)",{"slug":57,"category":26,"title":58},"cold-storage","Cold Storage",{"slug":60,"category":26,"title":61},"proof-of-reserves","Proof-of-Reserves",{"slug":63,"category":26,"title":64},"custodial-vs-non-custodial","Custodial vs Non-Custodial",{"slug":66,"category":5,"title":67},"slippage","Slippage",{"slug":17,"category":35,"title":18},{"slug":70,"category":22,"title":71},"tokenomics","Tokenomics",{"slug":73,"category":22,"title":74},"halving","Halving"]