TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 8, 4:00 PM EST
Polymarket
This market will resolve to "Up" if the Ethereum price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the ETH/USD data stream available at https://data.chain.link/streams/eth-usd. Please note that this market is about the price according to Chainlink data stream ETH/USD, not according to other sources or spot markets.
This market will resolve to "Up" if the Ethereum price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the ETH/USD data stream available at https://data.chain.link/streams/eth-usd. Please note that this market is about the price according to Chainlink data stream ETH/USD, not according to other sources or spot markets.
Prediction market odds reflect what traders are willing to risk on a specific outcome, whereas spot price expectations are based on technical analysis, on-chain metrics, and macroeconomic sentiment. This market aggregates real-money bets from participants who believe they can forecast Ethereum's direction over a narrow timeframe. When odds diverge significantly from what analysts or on-chain data suggest, it often signals either mispricing or new information entering the market. Comparing the two can reveal whether traders are pricing in tail risks or overlooking near-term catalysts that fundamental analysis might highlight.
On Polymarket, traders set the odds through an automated market maker mechanism, where buying shares of either outcome shifts the price in real time. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on the outcome, and the platform's pricing algorithm ensures liquidity while rewarding early movers who correctly anticipate the direction. As more capital flows into one side, the implied probability of that outcome rises, creating a continuous price discovery process. This mechanism allows participants to enter or exit positions at transparent, market-driven rates throughout the trading window.
This market resolves around Jul 8, 2026, after the four-hour trading window closes. The outcome is determined by comparing Ethereum's price at the end of the window to its price at the start, with the result verified against credible public sources such as major exchange data or price feeds. Once the price movement is confirmed, this market settles to either the up or down outcome. Traders who correctly predicted the direction receive their winnings, while those on the losing side forfeit their stake.
Major catalysts that could shift odds include macroeconomic announcements, Federal Reserve communications, Bitcoin price swings, and regulatory news affecting crypto markets broadly. On-chain metrics such as large whale transactions or exchange inflows can also signal institutional positioning. Ethereum-specific developments like network upgrades, staking changes, or major DeFi protocol news may influence short-term sentiment. Technical levels and support or resistance zones identified by traders can trigger momentum shifts. Additionally, broader market sentiment, options expiry, or liquidation cascades in leveraged trading could create sharp directional moves during this compressed four-hour window.