TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 3, 5:00 PM EST
Kalshi
This event tracks the price of ETH (Ethereum) cryptocurrency on July 3, 2026 at 5pm EDT. The price is determined by taking the simple average of 60 seconds of pricing data from CF Benchmarks' Ethereum Real Time Index immediately before the specified time.
Resolution is based on the simple average of CF Benchmarks' ERTI for the 60 seconds prior to 5 PM EDT on July 3, 2026. Each outcome corresponds to a specific price threshold, with resolution to Yes if the average price exceeds the threshold specified for that outcome. If data is unavailable or incomplete at expiration, affected outcomes resolve to No. The CF Benchmarks Real-Time Index provides continuous pricing data for ETH across major cryptocurrency exchanges.
Prediction market odds reflect collective trader expectations about Ethereum's future price, often diverging from current spot prices due to time horizon and risk premiums. While spot markets price ETH for immediate settlement, this market embeds forward-looking sentiment across months of trading activity. Comparing odds here to analyst forecasts or traditional financial models can reveal whether traders expect bullish or bearish momentum, macroeconomic shifts, or regulatory changes by mid-2026. The gap between current price and implied expectations often signals market conviction about directional moves.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different ETH price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract represents a specific price band, and the bid-ask spread reflects the market's uncertainty about where Ethereum will settle. As traders submit orders, the implied probability for each outcome updates in real time, creating a dynamic price discovery process that incorporates all available information and trader conviction.
This market resolves around Jul 3, 2026, at which point the outcome is confirmed once Ethereum's price at that exact moment is verifiable from credible public sources. The resolution captures ETH's value in USD at 5pm EDT on July 3, 2026, locking in the winning price band. Traders holding shares in the correct range receive their payout, while positions outside that band expire worthless. The timing is fixed and non-negotiable, making this a hard deadline for market participants.
Major catalysts for this market include Ethereum protocol upgrades, shifts in cryptocurrency regulation, macroeconomic policy changes, and competition from alternative blockchains. Bitcoin price movements often correlate with ETH, so broader crypto sentiment matters significantly. Institutional adoption announcements, staking yield changes, and developments in decentralized finance can also shift trader expectations. Geopolitical events affecting risk appetite and inflation expectations may influence long-term crypto valuations, making this market sensitive to both crypto-specific and macro-level news through mid-2026.