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: Jun 1, 1:00 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.
Prediction market odds on Polymarket reflect trader expectations about Ethereum's price direction by June 1, 12AM ET, but differ from current spot prices on exchanges. Spot prices show what ETH trades for right now, while market odds encode forward-looking sentiment about directional movement over the coming months. Analysts and on-chain metrics may suggest different probabilities than what traders are pricing in. Comparing Polymarket odds to consensus forecasts from research firms or social sentiment can reveal whether the market is pricing in tail risks or overlooking key catalysts.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, the Ethereum Up or Down - June 1, 12AM ET market is priced as a binary contract where traders buy and sell shares representing each outcome. The current implied probability of the leading outcome reflects cumulative trading activity and order-book positioning. Prices move continuously as new trades execute, with the spread between bid and ask reflecting liquidity depth. Traders can enter or exit positions at any time before Jun 1, 2026, and the final settlement price is determined by the market's consensus at resolution.
The Ethereum Up or Down - June 1, 12AM ET market resolves on Jun 1, 2026. At that moment, the outcome is determined by Ethereum's price direction relative to a specified reference point. Traders who backed the correct outcome receive their winnings, while incorrect positions expire worthless. The resolution process is automated once the reference data is finalized, ensuring all positions settle fairly and simultaneously across the market.
Major catalysts for Ethereum price direction include regulatory announcements, macroeconomic shifts affecting risk appetite, Bitcoin momentum, Ethereum network upgrades or security incidents, and changes in staking yields or DeFi activity. Broader crypto market sentiment, Federal Reserve policy decisions, and institutional adoption news can all drive directional moves. On-chain metrics like exchange inflows and whale accumulation patterns may signal conviction shifts. Technical levels and options expiry dates can also create short-term volatility that influences trader positioning on Polymarket ahead of the June 1 resolution.