TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 28, 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 reveal what traders collectively expect will happen, whereas spot price expectations reflect current market sentiment on exchanges. This market aggregates the beliefs of informed traders who have real financial incentive to forecast accurately. If the implied probability in this market diverges significantly from what technical analysts or on-chain metrics suggest, it may signal either an inefficiency or new information that hasn't yet been priced into spot markets. Comparing the two can help traders identify whether consensus is overconfident or underestimating the likelihood of an upward or downward move during the resolution window.
On Polymarket, traders set the odds by buying and selling shares of each outcome—up or down—directly on the platform's automated market maker. 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 probability the market assigns to that outcome; as more traders buy one side, its price rises and the opposing side falls. This continuous repricing mechanism ensures the market stays liquid and responsive to new information. Traders profit by correctly predicting the direction of Hyperliquid's price movement during the specified timeframe, with payouts determined by the final outcome.
This market resolves around Jun 28, 2026, once the four-hour observation window closes and the price movement can be verified from credible public sources. The outcome is determined by comparing Hyperliquid's price at the start of the window against its price at the end; if it closes higher, the up outcome wins, and if it closes lower, the down outcome wins. Resolution happens automatically once the data is confirmed, and traders receive payouts accordingly. The exact timing may vary slightly depending on data availability and platform processing.
Major catalysts that could shift odds include announcements from the Hyperliquid team, significant protocol upgrades, changes in broader crypto market sentiment, Bitcoin or Ethereum price swings, regulatory news affecting derivatives trading, or large liquidation cascades on the platform itself. Macroeconomic events and shifts in risk appetite across digital assets can also influence short-term price direction. On-chain metrics such as unusual trading volume, whale transactions, or funding rate extremes may signal momentum shifts. Traders monitoring these signals in real time can adjust their positions as new information emerges before the market closes.