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 7, 5:00 PM EST
Kalshi
This event tracks Ethereum's price on July 7, 2026 at 5pm EDT across multiple price thresholds. Participants predict whether ETH will reach or exceed specific price levels, with outcomes ranging from $950 to $2,510. The official price is determined by averaging 60 seconds of CF Benchmarks' Ethereum Real-Time Index data collected at the exact expiration time.
Resolution is based on the simple average of sixty seconds of CF Benchmarks' Ethereum Real-Time Index (ERTI) collected immediately before 5 PM EDT on July 7, 2026. Each outcome corresponds to a specific price threshold, with resolution to Yes if the 60-second average exceeds the threshold value (e.g., above 949.99 for the $950 outcome, above 989.99 for the $990 outcome, etc.). The official final value is calculated as the average of all 60 RTI prices collected during the final minute before expiration. Cryptocurrency price data varies across sources; CF Benchmarks' RTI is the authoritative source for this market, not alternative sources like Google or Coinbase.
Prediction market odds reflect what traders believe Ethereum will be worth at the specified time, often diverging from today's spot price due to expectations of future volatility, adoption trends, and macroeconomic conditions. While spot prices represent current market value, odds in this market encode forward-looking sentiment about whether ETH will trade above or below certain price levels. Comparing the two reveals whether the market is pricing in bullish or bearish momentum. Analysts and traders often use prediction markets as a barometer of collective confidence, especially when those odds diverge meaningfully from conventional price forecasts.
On Kalshi, this market is priced through a continuous order-book mechanism where buyers and sellers trade shares representing different price outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share reflects a discrete probability that ETH will settle within a specified price range on the resolution date. As traders buy and sell, the price of each outcome adjusts in real time, with the sum of all outcome probabilities equaling 100 percent. This mechanism ensures that the market price always represents the marginal trader's view of the most likely outcome.
This market resolves around Jul 7, 2026, at which point the outcome is confirmed once Ethereum's price is verifiable from credible public sources. The resolution hinges on the official ETH/USD price at exactly 5pm EDT on that date, as reported by major exchanges and data providers. Once the event occurs and the price is established, the market settles automatically based on which price range the actual value falls into. Traders holding shares in the correct outcome receive their payout, while incorrect positions expire worthless.
Major catalysts that could shift odds include regulatory announcements affecting cryptocurrency markets, significant upgrades to the Ethereum network, macroeconomic policy changes, and shifts in institutional adoption. Bitcoin price movements often influence Ethereum sentiment, as do broader equity market trends and risk appetite. Technical developments, security incidents, or major DeFi events can also trigger rapid repricing. Traders monitor on-chain metrics, developer activity, and geopolitical developments as leading indicators. The closer the market gets to resolution, the more prices typically converge toward the actual spot price as uncertainty diminishes.