Glossary

P&L

Profit and Loss — the running total of what you've made or lost, both realized (closed trades) and unrealized (open positions).

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Frequently asked questions

What does p&l mean in prediction markets?

Profit and Loss — the running total of what you've made or lost, both realized (closed trades) and unrealized (open positions).

How does p&l work in practice?

Realized P&L = settled trades + closed positions. Unrealized P&L = open positions marked to a reference price (usually mid).