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 28, 12:00 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 reflect the collective belief of traders who have real financial stakes in the outcome, often differing from casual sentiment or analyst forecasts. While traditional spot price expectations may rely on technical analysis or news sentiment, this market aggregates the conviction of participants willing to risk capital on their view. When odds shift significantly, it typically signals that informed traders are updating their expectations based on new catalysts or market conditions. Comparing these odds to your own analysis can reveal where consensus may be overconfident or undervaluing key risks.
On Polymarket, traders set the odds through an automated market maker mechanism, where buying shares of one outcome automatically adjusts the price of the other. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on the outcome, and the current price reflects the probability implied by recent trading activity. As more capital flows into one side, the odds shift to rebalance supply and demand. This continuous pricing mechanism ensures that the market remains responsive to new information and trader conviction throughout the event window.
This market resolves around Jun 28, 2026, once the four-hour trading window closes and the final price action can be verified. The outcome is determined by comparing HYPE's closing price at the end of the window to its opening price at the start, with the result confirmed against credible public price data. Traders holding shares in the winning outcome receive their payout, while losing shares expire worthless. Resolution typically occurs within hours of market close, pending final verification from reliable sources.
Major catalysts for this market include announcements from Hyperliquid regarding protocol upgrades, new trading features, or partnerships that could drive investor interest. Broader crypto market movements, Bitcoin or Ethereum price swings, and regulatory news affecting decentralized exchanges can also shift sentiment. Liquidation events, large whale trades, or changes in trading volume on the platform itself may signal momentum shifts. Additionally, macroeconomic data releases or shifts in risk appetite during the trading window could influence whether traders expect upward or downward pressure on HYPE during that specific four-hour period.