TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 3, 10:54 AM EST
Kalshi
This event tracks whether Hyperliquid (HYPE) will reach or exceed various price thresholds during July 2026. Traders can bet on HYPE hitting specific high prices at any point during the month through 11:59 PM ET on July 31st.
HYPE price levels are monitored continuously from market issuance through 11:59 PM ET on July 31, 2026 using CF HYPEUSD_RTI minute-by-minute data. For each minute throughout the measurement period, a trimmed mean settlement value is calculated by removing the top and bottom 20% of the cumulative dataset and averaging the remaining values. If the trimmed mean for any single minute reaches or exceeds the specified threshold, the corresponding outcome resolves to Yes. This methodology mitigates the impact of extreme price volatility. If CF Benchmarks data is unavailable or incomplete at expiration, affected outcomes resolve to No. For cryptocurrencies with multiple versions, the Exchange specifies which version or ticker is tracked.
Prediction market odds reflect what traders believe will happen, while spot price represents what HYPE is trading for right now. This market aggregates forward-looking sentiment: if odds show a high probability of HYPE reaching a certain level, it suggests traders expect upward momentum beyond current spot. Conversely, low odds signal skepticism about a price target. Spot price is backward-looking and reactive; prediction odds are forward-looking and incorporate analysis of upcoming catalysts, market sentiment, and technical levels. Comparing the two reveals whether the market is pricing in bullish or bearish expectations.
On Kalshi, this market is priced through an order-book mechanism where buyers and sellers submit bids and offers on each outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects supply and demand; as traders buy a particular price level, the odds shift upward, and selling pressure moves them lower. Your entry price depends on the current best bid or ask at the time of your trade. Kalshi's transparent order book allows you to see depth and liquidity, helping you decide whether to take an existing order or post your own.
This market resolves around Aug 1, 2026, after which no further trades are accepted. The outcome is determined by verifying HYPE's price against credible public sources at the specified time. Once the event is confirmed and the price is established, the market settles and winnings are distributed to holders of the correct outcome. Traders should monitor the countdown to resolution and ensure they have exited or locked in their position before the cutoff.
Major catalysts for HYPE price action include protocol announcements, exchange listings or delistings, regulatory developments affecting crypto broadly, Bitcoin or Ethereum volatility, and shifts in broader market sentiment. Positive news—such as partnerships, product launches, or exchange integrations—typically drive bullish repricing. Negative events like security incidents, regulatory crackdowns, or macro sell-offs can trigger sharp downside moves. Technical levels and resistance zones also influence trader behavior. Monitoring social media, official channels, and on-chain metrics will help you anticipate shifts in market odds before they're fully priced in.