Sell Side
The portion of the order book listing aggregated sell orders at various price levels.
What is Sell Side?
The sell side in an order book shows all open asks in red, ordered from lowest to highest price, aggregating seller supply at each point. For example, on Independent Reserve, it’s the upper section, with entries like 30 BTC at $60,050. It represents selling pressure, with thicker sell sides signaling potential resistance.
Opposite the buy side, it helps calculate the spread. In depth charts, it’s the red ask line depicting cumulative sells. Clustered sells create walls, like at $2,020 for ETH/USDT with 30 ETH.
Related Terms
Price Discovery
The process by which market trading determines the price of a digital asset, reflecting the collective probability of an event’s outcome.
CLOB (Central Limit Order Book)
A trading mechanism that matches buy and sell orders for assets based on price-time priority, commonly used in both traditional and decentralized exchanges.
Implied Volatility
Market's expected annualized price fluctuation of an asset, derived from option prices.
BIS Stablecoin Principles
Bank for International Settlements' guidelines stressing regulation for stablecoins to mitigate financial stability risks and ensure they function as sound money.
Capital Inefficiency
The underutilization of provided liquidity in DeFi protocols, where most capital remains idle across unused price ranges.
Alipay
A leading mobile payment platform owned by Ant Group, offering comprehensive financial services beyond basic transactions.