TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 27, 5:00 PM EST
Kalshi
This market tracks Ethereum's price on June 27, 2026 at 5pm EDT across multiple upside thresholds, ranging from $750 to $2,310 and above. Participants bet on whether ETH will trade above specific price levels at expiration. The official price is determined by averaging 60 seconds of CF Benchmarks' Ethereum Real-Time Index data.
Resolution depends on the simple average of sixty seconds of CF Benchmarks' ERTI before 5 PM EDT on June 27, 2026. Each outcome establishes a price threshold, with the market resolving Yes if the averaged price exceeds that level. CF Benchmarks' Ethereum Real-Time Index serves as the exclusive price source, with 60 data points collected in the final minute before expiration and averaged to determine the official settlement price.
Prediction market odds reflect aggregated trader beliefs about where Ethereum will trade at a specific future moment, whereas spot price expectations are typically derived from analyst forecasts, technical analysis, or exchange price feeds at the current time. This market embeds forward-looking sentiment: if traders expect ETH to appreciate, odds will shift toward higher price brackets. Comparing the implied probabilities here to consensus analyst targets or historical volatility patterns can reveal whether the market is pricing in optimism, caution, or uncertainty relative to conventional expectations.
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 outcome, and the market price of each share reflects the probability traders assign to that outcome occurring by the resolution date. Bid-ask spreads and trading volume determine liquidity and the precision with which prices can be discovered, allowing participants to enter or exit positions at transparent, real-time rates.
This market resolves around Jun 27, 2026, at which point the outcome is determined by verifying Ethereum's actual price against credible public sources. Once the event is confirmed and the price level is established, the market settles according to which bracket or range the final spot price falls into. Traders holding shares in the correct outcome receive their payout, while incorrect positions expire worthless.
Major catalysts for this market include Ethereum network upgrades, regulatory announcements affecting crypto markets, macroeconomic shifts in risk appetite, Bitcoin price movements (which often correlate with altcoins), and developments in decentralized finance adoption. Technical milestones such as staking changes, layer-2 scaling progress, or security incidents could also influence trader sentiment. Broader market events—central bank policy, inflation data, or geopolitical developments—may drive risk-on or risk-off behavior that ripples through crypto valuations, causing odds to shift substantially.