TOTAL VOLUME:
$116.3b
24H VOL:
$120,151,518
24H TRANSACTIONS:
1,361,103,189
OPEN INTEREST:
$1,173,615,054
328,740
Markets across
32,986
events
MATCHED EVENTS:
3,864
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
Time left: 05d:18h:35m
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This event group focuses on two distinct financial metrics for Alphabet Inc. at the end of August 2026: its market capitalization and the yield of the 30-year U.S. Treasury. The Polymarket markets are structured around Alphabet's market cap falling within specific brackets, while the Kalshi markets are based on the 30-year Treasury yield exceeding certain thresholds.
This market will resolve according to Alphabet's public market capitalization at the close of regular trading on the final trading day of the specified month. If the determined value falls exactly on the boundary between two brackets, this market will resolve to the higher bracket. Public market capitalization will be determined through appropriate calculation using the final official regular-hours closing prices published for the company's listed equities on its primary exchange for the last trading day of the specified month, multiplied by the company's total number of shares outstanding at the relevant time. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). If the listed company merges with or acquires another entity and remains the parent company, no change to resolution methodology applies. If the listed company is acquired, merges into another entity and is no longer the surviving parent company, or otherwise ceases to exist as an independent entity prior to the end of the period, the public market capitalizations achieved prior to completion of the transaction will be considered for resolution. No transaction, acquisition, or merger consideration will be considered for resolution. The resolution source for this market is official exchange trading data and publicly reported share counts.
All markets resolve based on the par yield of the 30Y U.S. Treasury as of August 31, 2026. Each market has a distinct threshold, ranging from 5.10% to 5.38%, with a 'Yes' outcome if the yield exceeds the respective threshold. Expiration occurs at the earlier of 7:00 PM ET on the first business day following the official data release for August 31, 2026, or one week after that date. The structure allows multiple markets to resolve simultaneously, each corresponding to a specific yield level, thereby providing granular insight into market expectations for long-term interest rates.
On Polymarket and Kalshi, prices can vary due to differences in user bases, liquidity, and market design. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. For example, one platform may attract more retail traders reacting quickly to news, while the other could see slower, institutional-style betting. These dynamics create temporary mispricings, with Polymarket currently favoring Will Alphabet’s market capitalization be between $4.00T and $4.50T at the end of August 2026? at 89.5%, and Kalshi leaning toward Will the 30Y U.S. Treasury yield be above 5.12% on Aug 31, 2026? at 94.0%.
This market resolves around Aug 31, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final determination will compare Alphabet’s market capitalization as recorded on major, recognized financial data sources at the close of August 2026. No single entity controls this process; instead, it relies on widely accepted public records.
Several signals could shift this market before it settles, including Alphabet’s quarterly earnings releases, major product launches, regulatory developments, and broader market volatility. Macroeconomic factors such as interest rate decisions or tech-sector performance may also influence trader sentiment. Any surprise guidance from management or competitive disruptions could cause rapid repricing as participants adjust their expectations for the company’s valuation by Aug 31, 2026.