TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 11, 9:00 PM EST
Polymarket
This market will resolve to "Up" if the close price is greater than or equal to the open price for the HYPE/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the HYPE/USDT pair (https://www.binance.com/en/futures/HYPEUSDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance HYPE/USDT, not according to other exchanges or trading pairs.
This market will resolve to "Up" if the close price is greater than or equal to the open price for the HYPE/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the HYPE/USDT pair (https://www.binance.com/en/futures/HYPEUSDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance HYPE/USDT, not according to other exchanges or trading pairs.
Prediction market odds reflect what traders are willing to risk on a specific outcome, whereas spot price expectations are based on current market valuations and technical analysis. In this market, the odds represent a probabilistic consensus on whether HYPE will appreciate or depreciate by the resolution time. Spot prices, by contrast, respond to real-time supply and demand on exchanges. The two often diverge because prediction markets price in forward-looking sentiment and event catalysts, while spot prices reflect immediate trading activity. Comparing the two can reveal whether the market is pricing in optimism or caution relative to current valuations.
On Polymarket, this market is priced through an automated market maker that converts trader bets into real-time odds. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Participants buy shares representing either outcome—HYPE up or down—and the price of each share adjusts based on cumulative trading volume and order imbalance. As more traders back one outcome, that share price rises and the opposing outcome falls, creating a dynamic equilibrium. The current odds reflect the marginal cost of the last trade, so large orders can shift prices significantly. This continuous repricing mechanism ensures the market remains responsive to new information and trader conviction.
This market resolves around Jul 12, 2026, at which point the outcome is confirmed based on verifiable price data from credible public sources. The resolution hinges on whether HYPE has moved up or down relative to its opening level at the scheduled event time. Once the event window closes and price movement is established, the market locks in the winning outcome and payouts are distributed to holders of the correct shares. Traders should monitor the token's price action closely as the resolution date approaches to ensure they understand the final settlement conditions.
Several catalysts could shift odds significantly before resolution. Major announcements from the HYPE team—such as product launches, partnerships, or tokenomics changes—often trigger sharp repricing. Broader crypto market movements, regulatory news, and macroeconomic shifts can also influence sentiment. Social media momentum and influencer commentary frequently drive short-term volatility in smaller-cap tokens. Technical levels and resistance points may attract algorithmic traders, creating price swings that ripple into this market. Monitoring on-chain metrics, exchange inflows and outflows, and community sentiment will help you anticipate moves and adjust your position accordingly.