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: Jun 15, 8:00 PM EST
Polymarket
This event group tracks whether Hyperliquid (HYPE) price moves up or down during a specific 4-hour window on June 15, 2026 (4:00 PM–8:00 PM ET). Kalshi offers 40 granular binary contracts at different price thresholds, while Polymarket offers a single binary contract comparing end-of-period price to start-of-period price.
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 determined by the simple average of the CF Benchmarks' HYPE-Dollar Real Time Index (HYPEUSD_RTI) calculated from 60 seconds of data collected before 5 PM EDT on June 15, 2026. Each outcome corresponds to a specific price threshold, with resolution occurring if the averaged price exceeds the designated strike level at exactly 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 aggregated from major cryptocurrency exchanges.
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 operates with distinct user bases, liquidity pools, and fee structures, which can create pricing gaps on the same event. Polymarket and Kalshi may attract traders with different risk tolerances, time horizons, or information sets. Arbitrage friction—including withdrawal delays, platform-specific trading costs, and regulatory constraints—can prevent instant price convergence. Additionally, differences in market depth and order-book dynamics mean that large trades on one platform may move prices differently than on the other, especially in lower-volume windows.
Major crypto market moves, Bitcoin or Ethereum volatility spikes, and platform-specific news about Hyperliquid's ecosystem can shift odds significantly. Regulatory announcements, exchange listings, or protocol updates may trigger directional conviction among traders. Macro events—such as Federal Reserve decisions or broader risk-on/risk-off sentiment—often drive correlated moves across altcoins. Technical levels and order-book imbalances visible on exchanges can also influence prediction market pricing as traders front-run or hedge anticipated price action. Real-time social media sentiment and derivatives funding rates may serve as leading indicators for short-term momentum.