Current Mid-market Price
The midpoint between the highest bid and lowest ask prices in the order book.
What is Current Mid-market Price?
The current mid-market price is the average of the best bid and best ask, providing a fair value estimate for immediate trades. On Robinhood, it’s displayed on asset detail pages; buys may execute at asks higher than mid, sells at bids lower. For BTC at a bid of $60,000 and ask of $60,020, mid is $60,010.
It appears in the order book’s center, alongside the spread. Platforms use mid for quick order settings, like Coinbase’s MID shortcut. In volatile markets, mid fluctuates rapidly, aiding fair pricing without bias to bid or ask.
Related Terms
Jito
A Solana-based protocol providing MEV infrastructure for validators and non-custodial liquid staking via JitoSOL, distributing rewards from transaction ordering and stake delegation.
AMM (Automated Market Maker)
A protocol that uses liquidity pools and algorithms to facilitate decentralized trading of digital assets.
Health Factor (Lending)
A metric indicating the safety of a borrower’s loan relative to collateral value.
x402 Foundation
A collaborative organization to promote the x402 protocol for digital asset transactions.
Consensus Layer
The protocol layer responsible for achieving agreement among nodes on the state of a blockchain network.
Just-In-Time Liquidity Attacks
A MEV strategy where liquidity is added and removed around a large trade to extract profits at the expense of regular providers.