TOTAL VOLUME:
$134b
24H VOL:
$87,997,338
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,395,155,069
395,664
Markets across
30,076
events
MATCHED EVENTS:
2,626
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 13, 4:00 AM EST
Polymarket
This market will resolve to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the ETH/USDT pair (https://www.binance.com/en/trade/ETH_USDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs.
This market will resolve to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the ETH/USDT pair (https://www.binance.com/en/trade/ETH_USDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs.
Prediction market odds often diverge from spot price momentum because they incorporate longer-term uncertainty and trader positioning beyond immediate technical signals. While spot markets react to news and order flow minute-by-minute, this market aggregates forward-looking bets over a defined window, smoothing out noise. Traders here are incentivized to forecast the actual outcome rather than chase short-term volatility, which can produce materially different probabilities than what intraday price action alone would suggest. Comparing the two reveals whether the market expects mean reversion, continuation, or a shift in volatility regime.
On Polymarket, this market is priced through an automated market maker that adjusts odds based on the ratio of shares held in each outcome pool. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy shares of either outcome—Ethereum Up or Ethereum Down—and the price moves inversely to demand. Higher volume and tighter spreads typically signal stronger consensus, while wider bid-ask gaps may indicate uncertainty or lower liquidity. The continuous pricing mechanism ensures you can enter or exit positions at transparent, real-time rates.
This market resolves around Jul 13, 2026, at which point the outcome is confirmed based on Ethereum's price direction verified against credible public sources. The binary structure means one outcome will be marked correct and the other void, with payouts distributed accordingly to winning share holders. Resolution timing is fixed, so traders know the exact window in which the event will settle. Once the outcome is official, the market closes and no further trading occurs.
Major catalysts include Ethereum network upgrades, regulatory announcements, macroeconomic data affecting risk appetite, and Bitcoin price movements, since BTC often leads altcoin sentiment. Large on-chain transactions, staking changes, or developer activity can shift long-term conviction. Broader crypto market events—exchange outages, institutional inflows, or shifts in Fed policy—typically trigger sharp repricing. Technical levels and options expiry dates may also create localized volatility. Monitoring on-chain metrics, social sentiment, and macro calendars helps anticipate which direction traders are positioning ahead of resolution.