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: Jul 10, 4:00 PM EST
Polymarket
This market will resolve to "Up" if the Close price for South Korea ETF (EWY) on July 10, 2026 is higher than the Close price for South Korea ETF (EWY) on the most recent prior trading day. This market will resolve to "Down" if the Close price for South Korea ETF (EWY) on July 10, 2026 is lower than the Close price for South Korea ETF (EWY) on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Closing prices will be used exactly as published by Pyth, without rounding. If South Korea ETF (EWY) does not trade at all during the regular session, the market will resolve 50-50. For a standard full trading session, the closing price refers to the Pyth "Close" value of the 1-minute candle corresponding to the final minute of regular trading hours on the primary exchange. If either of the relevant days has no valid Pyth Close value for the 1-minute candle corresponding to the end of regular trading hours on the primary exchange, the market will use the last valid Pyth price achieved during the regular trading hours of the primary exchange as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the official closing price published by the primary exchange on which the listed security trades will be used to determine the closing price for that day. Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. In the event of a stock split, reverse stock split, or similar corporate action affecting the listed security during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candle available at https://pythdata.app/explore/Equity.US.EWY%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.EWY%2FUSD?t=1773432000).
This market will resolve to "Up" if the Close price for South Korea ETF (EWY) on July 10, 2026 is higher than the Close price for South Korea ETF (EWY) on the most recent prior trading day. This market will resolve to "Down" if the Close price for South Korea ETF (EWY) on July 10, 2026 is lower than the Close price for South Korea ETF (EWY) on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Closing prices will be used exactly as published by Pyth, without rounding. If South Korea ETF (EWY) does not trade at all during the regular session, the market will resolve 50-50. For a standard full trading session, the closing price refers to the Pyth "Close" value of the 1-minute candle corresponding to the final minute of regular trading hours on the primary exchange. If either of the relevant days has no valid Pyth Close value for the 1-minute candle corresponding to the end of regular trading hours on the primary exchange, the market will use the last valid Pyth price achieved during the regular trading hours of the primary exchange as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the official closing price published by the primary exchange on which the listed security trades will be used to determine the closing price for that day. Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. In the event of a stock split, reverse stock split, or similar corporate action affecting the listed security during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candle available at https://pythdata.app/explore/Equity.US.EWY%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.EWY%2FUSD?t=1773432000).
Prediction market odds and traditional analyst forecasts operate on different timescales and methodologies. Analysts typically issue longer-term price targets and earnings estimates, while this market distills real-time trader conviction into a single binary outcome for a specific date. Prediction markets often incorporate breaking news and intraday momentum faster than published analyst reports, making them complementary signals rather than direct comparisons. Both reflect uncertainty, but markets aggregate distributed information through price discovery, whereas analyst forecasts rely on individual research and modeling.
On Polymarket, traders set the odds by buying and selling outcome shares in an automated market maker. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share—ranging from $0 to $1—represents the implied probability that EWY will move up or down by the close on July 10. When more traders believe in an outcome, they bid up its share price, and when conviction weakens, the price falls. This continuous price discovery mechanism ensures the market reflects the latest available information and trader sentiment in real time.
This market resolves around Jul 10, 2026, once the trading day concludes and EWY's closing price is verified against credible public sources. The outcome is determined by comparing the closing price on July 10 to the previous trading day's close. If EWY finishes higher, the Up outcome wins; if it finishes lower, the Down outcome wins. Resolution occurs after market close when official price data is available and confirmed, allowing all positions to settle based on the actual price movement.
Several catalysts could shift odds in this market before resolution. Macroeconomic data releases—particularly Japanese inflation, employment figures, or Bank of Japan policy announcements—often drive yen strength and Japanese equity sentiment. Global risk appetite, US equity performance, and geopolitical developments also influence Japan-focused ETF flows. Earnings surprises from major holdings within the fund, shifts in US-Japan trade relations, and broader emerging-market sentiment can create intraday volatility. Technical levels and options expiration activity may also trigger momentum shifts as traders adjust positions ahead of the close on July 10.