NDD Glossary
ConceptBeginner

Ask Price

syn. Offer Price

The lowest price at which a seller is willing to sell an asset; also known as the offer price.

Last updated: February 1, 2026
1

A liquidity provider quotes the lowest price at which they are willing to sell an asset.

2

Multiple LPs compete, and the best (lowest) ask price is surfaced to the trader.

3

When a trader places a buy order, it executes at the prevailing ask price (or the next available).

4

The ask price moves in real time based on supply, demand, and market conditions.