Asks (sell orders)
Orders from sellers indicating the price and quantity at which they are willing to sell a digital asset.
What is Asks (sell orders)?
Asks, or sell orders, form the supply side of a digital asset’s order book, displaying the lowest prices sellers are willing to accept and the quantities available, usually in red and ordered from lowest to highest. On exchanges like Coinbase, asks appear at the top, scrolling upward, reflecting seller intentions in real-time. The lowest ask, or best ask, sits at the top and matches first with buy orders.
Asks aggregate volumes at each price without revealing trader counts; for example, 100 BTC at $66,775 might come from multiple sellers. Large asks can signal resistance, where significant selling pressure caps upward price movement. In volatile markets, asks help assess liquidity, with clustered asks indicating potential sell walls.
Related Terms
Payment Rails
Infrastructure for processing and settling digital asset transactions.
Constant Product Market Maker (CPMM)
An automated pricing model in DeFi that maintains a constant product of asset reserves in a liquidity pool to determine prices.
Ethereum.org
The official community-driven website serving as a comprehensive guide and resource hub for Ethereum users, developers, and builders.
Bitcoin Block Reward
The amount of newly created Bitcoin awarded to miners for successfully adding a new block to the blockchain.
51% Attack
A 51% attack occurs when a single entity or group controls over 50% of a blockchain’s computing power or stake, allowing them to manipulate the network’s transaction ledger.
ETH
ETH is the native digital asset of the Ethereum blockchain, used for transaction fees, staking, and as a medium of exchange in decentralized applications.