Tick Size: Precision Matters
The Tick Size is the minimum price increment in a market. A smaller tick size means tighter spreads and more precise execution.
By offering tick sizes 10x smaller than the industry average, Likely allows market makers to quote much tighter spreads, directly benefiting every trader through better entry and exit prices.
Transparent Fee Structure
We’ve discarded the bloated 1-2%+ fees common in traditional prediction markets. Likely uses a dynamic, high-performance fee model.- Taker Fee: Only 10 bp (0.10%).
- Matches our tick size for perfectly aligned incentives.
- Maker Rebate: We reward those who provide liquidity.
Fee Distribution
We believe in a sustainable ecosystem where value is shared with the participants who bring it.The Efficiency Advantage
When you combine our 0.1% tick size with our 10bp taker fee, the math is clear: Likely is significantly cheaper and more precise than any competitor. Scenario: A $10,000 Trade- Competitor (1% fee): You pay $100 in fees.
- Likely (10bp fee): You pay $10 in fees.
- Savings: $90 (plus the benefit of 10x tighter spreads).