TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 5:00 PM EST
Kalshi
This market tracks the price of HYPE cryptocurrency on July 5, 2026 at 5pm EDT. Participants predict which price range HYPE will fall into, with outcomes spanning from $51.99 or below up to $90 or above. The resolution uses CF Benchmarks' official Real-Time Index, averaging 60 price points collected in the final minute before market close.
Resolution is determined by the simple average of sixty seconds of CF Benchmarks' HYPEUSD_RTI collected immediately before 5 PM EDT on July 5, 2026. The official price is calculated by averaging all 60 real-time index prices captured during this final minute window. Each outcome corresponds to a specific price range, with exactly one outcome resolving to Yes based on where the averaged price falls. CF Benchmarks' Real-Time Index is the authoritative data source, distinct from other cryptocurrency price feeds that may show different values.
Prediction market odds reflect what active traders believe will occur, often diverging from current spot prices or analyst consensus. On Kalshi, the odds embedded in this market represent real money at stake, creating a financial incentive for accuracy that casual forecasts lack. Spot prices reflect only today's supply and demand, whereas prediction odds incorporate forward-looking expectations about HYPE's trajectory over the next 18 months. Comparing the two reveals whether the market is pricing in bullish momentum, bearish pressure, or range-bound consolidation—insights that spot prices alone cannot convey.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different HYPE price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each range outcome carries its own contract, and the price of each reflects the probability traders assign to that outcome occurring by the resolution date. As new information emerges or sentiment shifts, traders adjust their bids and asks, causing prices to move in real time. The sum of all range probabilities should approach 100 percent, though market inefficiencies can create temporary arbitrage opportunities.
This market resolves around Jul 5, 2026, at which point the HYPE price at that specific moment will be verified against credible public sources to determine the winning range. The outcome is confirmed once the event is observable and can be independently validated from established market data providers. All shares corresponding to the correct price range will be paid out in full, while incorrect ranges expire worthless. Resolution is final once the official price is locked in and payouts are distributed to winning traders.
Major catalysts for HYPE include regulatory announcements affecting the broader crypto sector, significant partnerships or product launches, macroeconomic shifts in risk appetite, and Bitcoin or Ethereum price movements that often drive altcoin sentiment. Technical developments—such as protocol upgrades, security incidents, or changes in tokenomics—can trigger sharp repricing. Broader market events like Federal Reserve policy shifts, traditional finance adoption news, or competing project announcements may also influence trader positioning. Monitoring these signals helps explain why odds shift and informs your own forecast about where HYPE will trade by July 5, 2026.