> For the complete documentation index, see [llms.txt](https://docs.fuyo.markets/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.fuyo.markets/trading/trading-overview.md).

# Trading Overview

#### What “trading” means on Fuyo Markets

On Fuyo Markets, trading means placing a position on an outcome (YES/NO or Higher/Lower) with a clear payout if you’re right. You don’t need to understand DeFi or order books.

Because Fuyo uses LMSR, your trade:

* fills into a pool (no waiting for someone else)
* is confirmed with a payout preview before you submit
* settles automatically when the market expires

> You’re not posting bids/asks to other users. You’re accepting Fuyo’s live odds at the moment you confirm via LMSR pricing engine.