TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 9, 5:00 PM EST
Kalshi
This event group tracks whether the Hyperliquid (HYPE) token price moves up or down during a specific 4-hour window on July 10, 2026, from 4:00 AM to 8:00 AM ET. Two platforms offer markets on this directional price movement, but they use fundamentally different data sources and measurement methodologies.
This market will resolve to "Up" if the Hyperliquid price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the HYPE/USD data stream available at https://data.chain.link/streams/hype-usd. Please note that this market is about the price according to Chainlink data stream HYPE/USD, not according to other sources or spot markets.
Resolution is based on the simple average of CF Benchmarks' HYPEUSD_RTI over 60 seconds immediately preceding 5 PM EDT on July 9, 2026. Each outcome corresponds to a specific price threshold, with resolution to Yes if the average price exceeds that threshold at the specified time. If data is incomplete or unavailable at expiration, affected outcomes resolve to No. The CF Benchmarks Real-Time Index provides continuous pricing data for HYPE.
Polymarket and Kalshi attract different trader bases, liquidity profiles, and rule interpretations, which can create price gaps on the same event. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform's fee structure, user interface, and settlement clarity influence how traders price risk. Polymarket may draw more institutional or retail flow depending on its promotional focus, while Kalshi operates under its own market mechanics. Arbitrage traders exploit these spreads, but temporary divergence persists due to fragmented liquidity. Monitoring both platforms reveals where conviction is strongest and where uncertainty creates opportunity.