Polymarket Smart Money Glossary
Short definitions of the terms we use on the leaderboard and signal pages.
- Closing Line Value (CLV)
- How much your entry price beat or trailed the market's final settled price.
- Implied probability
- The probability a market price reflects (0.62 means the market thinks 62%).
- Smart money
- Wallets with a consistent positive PnL track record on Polymarket.
- Sharp money
- Disciplined, model-driven traders whose flow is more predictive than recreational flow.
- PnL (Profit and Loss)
- Total profit: realized PnL on closed positions plus unrealized PnL on open ones.