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 6, 8:00 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 on this market reflect aggregated trader conviction about HYPE's price trajectory over a specific four-hour window, whereas spot price expectations derive from technical analysis, on-chain metrics, and broader market sentiment. Prediction markets often price in tail risks and event-driven catalysts that traditional spot analysis may lag to incorporate. When odds diverge sharply from analyst consensus, it can signal either mispricing or emerging information not yet reflected in conventional forecasts. Comparing the two reveals whether the market is pricing in volatility or stability that mainstream indicators have missed.
On Polymarket, traders set the odds for this market through an automated market maker mechanism, where buy and sell orders directly influence the probability curve. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on one outcome—up or down—and the price of each reflects the collective belief of all active traders. Liquidity providers earn fees on trades, incentivizing tighter spreads. As new information emerges or sentiment shifts, the price adjusts in real time, ensuring the market continuously reprices the likelihood of each outcome through transparent, on-chain transactions.
This market resolves around Jul 7, 2026, once the four-hour trading window closes and the final price movement can be verified. The outcome is confirmed by comparing HYPE's price at the start of the window (4:00 PM ET on July 6) to its price at the close (8:00 PM ET), with the result verified against credible public sources. Traders who correctly predicted the direction receive their winnings proportional to their position size. Resolution is typically completed within hours of the window's end, allowing rapid settlement and payout.
Major catalysts for this market include Hyperliquid protocol announcements, updates to tokenomics or governance, shifts in broader crypto market sentiment, Bitcoin or Ethereum price swings, regulatory news affecting decentralized exchanges, and macroeconomic data releases during the trading window. On-chain metrics such as trading volume spikes, large whale transactions, or shifts in exchange inflows can also trigger rapid repricing. Social media sentiment, competitor announcements, and technical breakouts or breakdowns in related assets may influence trader positioning. Monitoring these signals in real time helps participants anticipate momentum shifts before they fully price into this market.