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: Jul 24, 4:06 PM EST
Kalshi
The Fear & Greed Index is a widely-used sentiment indicator that measures investor emotions in cryptocurrency markets on a scale from Extreme Fear to Extreme Greed. This event tracks what sentiment level the index registers on July 24, 2026, based on the first official update released after 4:00 PM ET that day.
Resolution is determined by the first Fear & Greed Index value update released after 4:00 PM ET on July 24, 2026. Each possible index reading—Extreme Fear, Fear, Neutral, Greed, or Extreme Greed—corresponds to a separate market outcome that resolves to Yes if that reading is the first update posted after the 4:00 PM ET deadline. If no update is published within one week following 4:00 PM ET on July 24, 2026, the most recent available index value prior to that deadline will be used as the basis for resolution.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives rather than opinion surveys. While financial analysts may publish sentiment reports or index forecasts based on models and research, traders in this market are putting capital at risk, which tends to sharpen accuracy over time. Comparing the implied probability from current odds to published analyst sentiment can reveal where the crowd sees upside or downside risk that experts may have underweighted. Prediction markets typically aggregate dispersed information faster than consensus forecasts, making them a useful cross-check against conventional wisdom on where sentiment will stand by late July 2026.
On Kalshi, this market is priced through an order-book mechanism where buyers and sellers post bids and offers on specific index outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders profit or lose based on whether their prediction proves correct at resolution. The platform displays a spread between the best bid and ask, and prices shift as new orders arrive and existing positions are filled. Higher demand to buy a particular outcome pushes its price up, lowering its implied probability; conversely, selling pressure drives prices down. This continuous repricing ensures the market reflects the latest information and sentiment from active traders.
This market resolves around Jul 31, 2026, at which point the Fear & Greed Index value for that date becomes public. The outcome is confirmed once the index reading is verifiable from credible public sources. Traders who correctly predicted the index range or threshold win their stake plus profit, while those on the wrong side of the trade lose their position. The resolution is binary or range-based depending on how the market is structured, and all positions settle once the official index value is established and verified.
Major macroeconomic announcements—such as Federal Reserve policy decisions, inflation data, or employment reports—typically shift the Fear & Greed Index and therefore trader positioning in this market. Geopolitical tensions, corporate earnings surprises, and equity market rallies or selloffs can all swing sentiment sharply. Social media activity and retail trader behavior also feed into the index, so viral market narratives or meme-stock movements may influence outcomes. Volatility spikes in traditional markets often correlate with fear readings, while sustained rallies tend to push the index toward greed. Traders monitoring economic calendars and real-time news flow will adjust their bets as new information emerges.