Trades represent completed executions on Polyester.
They display real market activity as orders interact in the order book and settle at an agreed price. Trade data is surfaced in real time to show price discovery and liquidity, without revealing which individual accounts participated in each trade.
What a Trade Represents
A trade is a completed execution where a buy order and a sell order match at an agreed price.
Each trade produces a definitive market record that includes the execution price, quantity, timestamp, and market pair. Unlike orders, which represent intent, trades are finalized outcomes that have already occurred in the market.
Trade data is published in real time to show executed liquidity and price movement as it happens. Individual account identities are intentionally not disclosed. This keeps individual market activity private while making overall market activity transparent and auditable.
Orders reflect intent that may or may not execute.
Where to View Trades
Users can view trades in several places depending on context:
Market trades (public)
Recent market trades are visible:
- on the Spot Trading page for each market
- in the ‘Market Trades’ widget
- on Polyester Scan
These views show aggregate trading activity and are visible to all users.
Trade history (private)
A user's personal execution history is available through:
- the ‘Order History’ widget on the trading page
- the Orders page in the dashboard
These views include only trades executed by an individual user's account and are not visible to other users.
On-Chain Visibility
All trades executed on Polyester are recorded on-chain.
While account-level balances and positions are not public, the existence and details of each trade can be independently verified using Polyester Scan. This ensures that trade history is forever provable.
Related Pages
- Spot Trading: interacting with live markets
- Order Book: how liquidity is formed
- Trading Privacy: why trader identities are hidden