TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 15, 4:00 PM EST
Polymarket
This market will resolve to "Up" if the Close price for South Korea ETF (EWY) on June 15, 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 June 15, 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 June 15, 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 June 15, 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 reflect real-money trader conviction and often diverge from traditional analyst consensus. While equity analysts typically issue price targets and ratings based on fundamental research, this market aggregates dispersed trader beliefs into a single probability. Prediction markets tend to incorporate breaking news and sentiment faster than formal analyst updates, though both sources can be useful for triangulating directional bias. Comparing the implied odds here to published analyst sentiment on the Japanese equity market can highlight where the crowd sees asymmetric opportunity.
On Polymarket, traders set prices by buying and selling shares of each outcome—Up or Down—in an automated market maker pool. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the collective probability assigned by the market; higher trading volume typically narrows spreads and sharpens price discovery. Liquidity providers and speculators continuously adjust positions based on new information, causing the odds to fluctuate until the market resolves. This mechanism ensures that the final odds represent genuine market consensus rather than a static forecast.
This market resolves around Jun 15, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The winning outcome—Up or Down—is determined by comparing the closing price of the iShares MSCI Japan ETF on that date to its opening level. Traders holding shares in the correct outcome receive their payout, while incorrect positions expire worthless. Resolution is typically finalized within hours of market close once official pricing data is available.
Major catalysts for this market include Bank of Japan policy announcements, Japanese economic data releases, and broader risk-on or risk-off sentiment shifts in global equities. Earnings surprises from large Japanese corporations, currency fluctuations in the yen, and geopolitical developments affecting Asia can all trigger rapid repricing. Additionally, U.S. market performance and Federal Reserve communications often influence Japanese equity flows. Traders monitor these signals closely to adjust positions ahead of June 15, making any unexpected macro event a potential inflection point for odds movement.