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 12, 12:00 AM EST
Polymarket
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.
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.
Prediction market odds on this market reflect aggregated trader conviction about Hyperliquid's price direction over a discrete time window, whereas spot price expectations are typically based on technical analysis, on-chain metrics, or broader market sentiment at a single moment. Prediction markets often incorporate forward-looking information and real money incentives, which can make them more responsive to emerging catalysts than static price analysis. Comparing the two reveals whether professional traders are pricing in different risk factors than what traditional price indicators suggest, offering a complementary lens on market psychology.
On Polymarket, this market is priced through an automated market maker mechanism where traders buy and sell shares representing each outcome—up or down. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share fluctuates based on supply and demand, with the combined probability of all outcomes always summing to 100 percent. As traders place orders, the odds shift in real time to reflect new information or changing conviction. This continuous repricing ensures the market stays efficient and responsive to breaking news or technical developments affecting Hyperliquid.
This market resolves around Jul 12, 2026, once the four-hour trading window closes and the price movement can be verified. The outcome is determined by comparing Hyperliquid's price at the start and end of the specified period, with the result confirmed against credible public sources such as major exchange data or official price feeds. Traders who correctly predicted the direction receive their winnings, while incorrect positions expire worthless. Resolution is typically swift once the event window concludes and price data is finalized.
Major catalysts for this market include announcements from the Hyperliquid team, regulatory news affecting derivatives trading, shifts in broader cryptocurrency sentiment, and technical developments on the platform itself. Macroeconomic events—such as Federal Reserve statements or Bitcoin price swings—often ripple through altcoin markets and can shift trader positioning. On-chain metrics like volume spikes or whale transactions may also influence short-term directional bets. News coverage, exchange listings, or competitive announcements from rival platforms could trigger rapid repricing as traders reassess risk and opportunity within the four-hour window.