TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 3, 4:00 PM 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 and spot price expectations often diverge because they measure different things. Odds on this market reflect aggregated trader beliefs about directional movement over a specific four-hour window, while spot prices reflect current market value. Prediction markets can incorporate forward-looking sentiment, news flow, and event catalysts that spot prices may not fully price in yet. Comparing the two helps traders identify whether the market is pricing in consensus expectations or if there's a meaningful gap between what derivatives traders expect and what the broader market is currently valuing.
On Polymarket, traders set the odds through an automated market maker mechanism where buying one outcome increases its price and selling decreases it. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The outcome with higher demand commands a higher probability, and that price discovery process continues until the market closes. Liquidity providers and traders interact with the same pool, so prices adjust dynamically based on order flow. This mechanism ensures that odds reflect real-time consensus without requiring a centralized price setter.
This market resolves around Jul 3, 2026, after the four-hour observation window closes. The outcome is determined by verifying Hyperliquid's price movement during that period against credible public sources, including major exchanges and data providers. Once the event window concludes and price data is confirmed, the market settles to either the up or down outcome. Resolution typically occurs within hours of the window end, allowing traders to see final results quickly.
Several catalysts could shift odds before the July 3 window closes. Broader crypto market momentum, Bitcoin or Ethereum price action, and major news affecting the Hyperliquid ecosystem or decentralized finance sector could all influence directional bias. Regulatory announcements, exchange listings, or protocol updates may also trigger repricing. Additionally, technical levels and support/resistance zones could attract algorithmic traders, amplifying volatility. Real-time social sentiment and options market positioning on related assets can serve as leading indicators of where this market may move.