I'm trying to query the USDC/WETH orderbook for the best bid and ask. However, I don't think the response data makes much sense. There is a makerAmount and takerAmount. Does this mean that to interact with this limit order, I need to put up the price determined by the ratio of the 2 assets? This price/ratio seems to be very out of line with the prices I'm seeing on coinbase and other popular exchanges.
Am I missing anything? Or maybe I'm using the wrong API for my usecase?