TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 8:00 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 often diverge from traditional spot price forecasts because they aggregate real-money bets from traders with skin in the game. While spot markets reflect current price, this market captures forward-looking conviction about directional movement over a narrow time window. Traders who believe HYPE will rise during the specified period bid up the 'Up' outcome, while skeptics support 'Down.' The resulting odds can signal where informed participants expect volatility or momentum, sometimes leading or lagging analyst consensus depending on market depth and participation.
On Polymarket, traders set the odds by buying and selling shares in each outcome—'Hyperliquid Up' or 'Hyperliquid Down.' On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the collective probability assigned by the market; if 'Up' shares trade at a higher price, the crowd believes upward movement is more likely. Liquidity, order flow, and new information continuously adjust these prices. Your potential payout depends on which outcome you backed and the share price at which you entered, with profits or losses realized when the market resolves.
This market resolves around Jul 5, 2026, after the four-hour observation window closes. The outcome is determined by whether HYPE's price at the end of that window is higher or lower than at the start, verified against credible public sources such as major exchange data or price feeds. Once the event is verifiable and confirmed, the winning outcome is locked in and traders receive their payouts based on their positions.
Several catalysts could shift odds before the market resolves. Major announcements from Hyperliquid's team, regulatory news affecting crypto derivatives, or broader market moves in Bitcoin or Ethereum could influence trader sentiment. Macro economic data releases, volatility spikes, or shifts in leverage and funding rates on the platform itself may also sway expectations. Additionally, as the four-hour window approaches, real-time price action and order book imbalances can trigger rapid repricing. Traders monitoring on-chain metrics, social sentiment, and technical levels may adjust positions in response to emerging signals.