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
Settlement Upon Payment
Immediate finalization of transactions upon initiation in digital systems.
Price Impact (DEX)
The change in a liquidity pool’s token price caused by a trade, expressed as a percentage deviation from the initial quote.
Open Interest
The total value of outstanding perpetual swap contracts on a Perp DEX.
Margin
The collateral or initial investment required to open and maintain a leveraged trading position in digital asset markets, amplifying potential profits and losses.
NAV
Net Asset Value - the per-share value of an investment fund's assets minus liabilities, calculated daily to determine share prices.
Federal Funds Interest Rate
The interest rate at which depository institutions lend reserve balances to each other overnight, targeted by the Federal Reserve to influence economic activity.