—— learn / basics
How to read an Edgewatch signal
A signal is a single item in the live feed — a tracked wallet's trade on Polymarket, evaluated by the Edgewatch engine and scored against current market prices. Here is what every field means.
Signal fields explained
Market
The Polymarket question this signal is about — e.g. "Will X win the election?". Click through to see the full market, current odds, and liquidity.
Outcome & direction
Which side the tracked wallet bought — typically Yes or No. This tells you the wallet's directional bet.
Entry price
The price (in cents) at which the tracked wallet entered. A "Yes" entry at 32¢ means the wallet bought when the market implied a 32% probability.
Current price
Where the same outcome trades right now. If the entry was 32¢ and the current price is 45¢, the tracked wallet is currently sitting on an unrealised gain.
Verdict — Copied / Rejected / Skipped
The automated engine's assessment of the entry right now:
- Copied — the current price is still close enough to the entry price that the trade is considered actionable (within the engine's slippage band).
- Rejected — the market has moved significantly since entry; the original thesis may no longer be achievable at a similar price.
- Skipped — the trade is below the engine's minimum conviction threshold (too small, too illiquid, or too recent to score).
Size
The notional USDC the tracked wallet deployed. Larger size from a high-conviction wallet generally indicates stronger conviction — but size alone is not a signal; always read it alongside the verdict.
Sweep badge
When two or more tracked wallets independently entered the same side, the signal carries a sweep badge showing the number of agreeing wallets. See what is a sweep?
A worked example
Signal: wallet 0xabc… bought Yes on "Will the Fed cut rates in September?" at 38¢. Current price: 51¢. Verdict: Copied. Size: $4 200.
Reading: a tracked wallet took a meaningful position at 38¢ (implying 38% probability). The market has since repriced to 51¢ — the engine considers the entry still actionable within its slippage tolerance. Whether you act on this is entirely your call.
Information only — signals are observations about public on-chain activity, not recommendations. Edgewatch places no trades. Not financial advice.