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 12, 5:00 PM EST
Kalshi
A cryptocurrency exchange rate price index for Hypercycle will be measured at a specific time on June 12, 2026, with multiple brackets tracking which specific dollar price range the index falls within across a comprehensive spectrum of possible values.
Resolution is determined by the simple average of sixty seconds of CF Benchmarks' UHYPEUSDRTI collected immediately before 5 PM EDT on June 12, 2026. The official price is calculated from these 60 RTI data points averaged together. Each outcome corresponds to a specific price range, with the market resolving to the outcome matching where the final averaged price falls. CF Benchmarks' RTI is the authoritative price source, distinct from other cryptocurrency price data sources.
Prediction market odds on Kalshi reflect aggregated trader expectations for HYPE's price range, often diverging from current spot prices due to time-decay, volatility assumptions, and longer-term sentiment. While spot markets react to immediate news, prediction markets price in forward-looking catalysts and uncertainty over the full window to June 12, 2026. Comparing the implied probabilities here to analyst forecasts or on-chain metrics can reveal whether the market is pricing in bullish or bearish scenarios relative to consensus expectations.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, HYPE price range contracts are priced as binary or multi-outcome positions reflecting the probability of HYPE settling within each specified range at the June 12, 2026 resolution time. Traders buy and sell shares at prices between 0 and 100 cents, with the contract resolving to 100 cents if the outcome occurs or zero otherwise. The current market price reflects the collective belief of Kalshi traders about HYPE's likely range, updated in real time as new information emerges and positions shift.
This market resolves on Jun 12, 2026, at which point the outcome is determined by where HYPE's price settles at exactly 5pm EDT on June 12, 2026. The resolution mechanism checks the price against the predefined range brackets, and the contract pays out based on which range HYPE falls into at that moment. All positions close upon resolution, and payouts are distributed according to the outcome.
Major catalysts for HYPE include regulatory announcements affecting crypto markets, macroeconomic shifts in risk appetite, platform upgrades or protocol changes, competitive developments in the HYPE ecosystem, and broader Bitcoin or Ethereum price movements. Market sentiment around institutional adoption, exchange listings, or partnerships could also drive significant volatility. Additionally, unexpected security incidents, governance disputes, or shifts in developer activity may influence trader expectations for HYPE's price range by June 12, 2026.