> For the complete documentation index, see [llms.txt](https://graphdex-1.gitbook.io/graphdex-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://graphdex-1.gitbook.io/graphdex-docs/pulse-predictions/three-lanes.md).

# Reading Three Lanes

**Field guide to each lane on Pulse — what the rows mean, what to look for, what to skip.**

Pulse has three lanes. Each one is the same widget shape — filter pill on top, scrolling rows below — but the rows tell you different things at each life-cycle stage.

## Lane 1 — New Prediction

The leftmost lane shows markets that just opened. Rows here have:

* **Age** measured in seconds — `just now`, `5s`, `30s`.
* **Volume usually $0** or a few cents from the first orders.
* **Implied probability often defaulted** to 50% / 50% until orders arrive.
* **Wide spreads**, especially on long-window markets where there is no time pressure.

**What to look for**

* A recurring market (e.g. "Bitcoin Up or Down — 5 minute window") spawning a fresh instance you want to be early in.
* New markets in a category where you have a view but no existing market existed yet.

**What to skip**

* New markets in unfamiliar categories with $0 volume — you have no price discovery to lean on.

## Lane 2 — Active Prediction

The middle lane is where most volume actually trades. Rows here have:

* **Age** anywhere from a few minutes to days.
* **Volume rising** — the column that matters most here.
* **Implied probability moving** as flow comes in.
* **Tighter spreads** — competitive market-makers and real demand.

**What to look for**

* Sudden volume surges on a single market — a news event is being priced.
* Big skews in participant split (e.g. 80% / 20%) on markets where you disagree with consensus.
* Markets you are already watching from Research — Pulse Active confirms that flow is real.

**What to skip**

* Long-window markets that have been Active for days with no fresh volume — they are inert background noise on a lane that should be moving.

## Lane 3 — Closing Soon

The rightmost lane shows markets approaching settlement. Rows here have:

* **Time-to-close measured in minutes** — `5M`, `2M`, `1M`.
* **Implied probability either converging fast** (sharp consensus emerging) **or stuck** (uncertain to the end).
* **Spreads behaving in either direction** — tightening as the trade becomes obvious, or widening as makers pull liquidity.

**What to look for**

* A late edge — your view differs from a market where probability hasn't fully converged.
* A hedge on an existing position closing in the same window.

**What to skip**

* Markets in their last seconds with $0 of recent volume — you'll likely be the only counterparty and the fill quality will be poor. See [Execution Risks](/graphdex-docs/trading-predictions/execution-risks.md).

## Cross-lane patterns

* A market that **moves from New to Active fast** is being recognised by the market-makers. Likely worth following.
* A market that **sits in New with $0 volume** for hours is uninteresting and will be ignored on resolution.
* A market that **reaches Closing Soon with a wide split** is either genuinely uncertain or under-traded — check the order book first.

{% hint style="warning" %}
Acting on a Closing-Soon row is fastest from Pulse, but it's also where late-entry risk is highest. Look at [Execution Risks](/graphdex-docs/trading-predictions/execution-risks.md) before sizing in.
{% endhint %}

## FAQs

<details>

<summary>How long does a row stay in each lane?</summary>

New holds markets for roughly their first few minutes. Active is the long middle. Closing Soon picks up markets a few minutes before settlement.

</details>

<details>

<summary>Can I filter all three lanes at once?</summary>

Category pills filter all three lanes together. Per-lane filters are independent — useful when you want to watch one category in New and another in Closing Soon.

</details>

<details>

<summary>Why is "Closing Soon" sometimes empty?</summary>

Long-window markets dominate at certain times and there may simply be no markets within the closing-soon threshold. Switch focus to Active until short-window cycles spawn again.

</details>


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