TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 29, 3:00 AM EST
Polymarket
This market tracks whether the HYPE/USDT price will close higher than or equal to its opening level during the one-hour candle beginning May 29, 2AM ET. On Polymarket, the leading outcome currently stands at 50.5%. Resolution will be determined by the official HYPE/USDT futures price data from Binance. Watch the market closely as May 29, 2AM ET approaches, as the opening price at that exact timestamp will be the critical reference point for determining whether HYPE closes up or down for that candle.
Prediction market odds on Polymarket reflect traders' consensus on HYPE's direction at a specific future moment, whereas spot price expectations are based on current market conditions and near-term technical or fundamental analysis. The prediction market incorporates longer-term uncertainty and incentivizes accuracy through financial stakes, often diverging from day-to-day price sentiment. Comparing these two signals reveals whether the market is pricing in bullish or bearish momentum relative to what analysts or on-chain metrics suggest. Sustained divergence may indicate either mispricing or a shift in underlying market conviction.
On Polymarket, HYPE Up or Down - May 29, 2AM ET is priced through an automated market maker model where traders buy and sell outcome shares. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current implied probability reflects the ratio of liquidity and trading activity between the Up and Down outcomes. As traders place orders, the price adjusts to balance supply and demand. The market's depth and 24-hour volume indicate how easily positions can be entered or exited, with higher volume generally supporting tighter spreads and more reliable pricing signals for this crypto event.
The market resolves on May 29, 2026. Resolution is determined by HYPE's price action at the specified snapshot time of May 29, 2AM ET. The outcome depends on whether the price moves up or down from a reference point established at market creation. Traders should monitor the exact resolution criteria and data source used by Polymarket to ensure clarity on how the outcome will be determined. Checking the market details page before expiration helps avoid confusion about the specific conditions that trigger each outcome.
HYPE's price leading up to May 29, 2AM ET could be influenced by major crypto market movements, regulatory announcements, or project-specific developments. Broader Bitcoin and Ethereum trends often drive altcoin sentiment, while exchange listings, partnership news, or protocol upgrades specific to HYPE could trigger directional moves. Macroeconomic events, Federal Reserve policy shifts, and shifts in institutional crypto adoption also shape the overall market environment. Traders should monitor on-chain metrics, social sentiment, and technical levels to anticipate volatility that could push HYPE toward either outcome before the snapshot time.