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 30, 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 analysis because they aggregate forward-looking trader conviction rather than historical volatility metrics. While technical analysts might rely on moving averages or support-resistance levels, this market prices in real-time expectations of directional movement during a narrow four-hour band. Comparing the implied probability here to analyst price targets or on-chain sentiment can reveal whether traders are pricing in catalysts or macro conditions that conventional models may miss.
On Polymarket, traders set the odds through an automated market maker mechanism, where buying shares of either outcome shifts the price dynamically. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current odds reflect the aggregate belief of all participants trading this market. As capital flows into one side, the price of that outcome rises and the opposing side falls, creating a continuous price discovery process. This mechanism ensures liquidity and allows traders to enter or exit positions throughout the event window.
This market resolves around Jun 30, 2026, once the four-hour trading window closes and the final price movement can be verified. The outcome is confirmed by comparing Hyperliquid's opening price at 4:00 AM ET to its closing price at 8:00 AM ET on June 30. If the price is higher at close, the Up outcome wins; if lower, Down wins. Resolution is verified against credible public sources tracking the asset's price during that exact period.
Major crypto market moves, Bitcoin or Ethereum volatility, and broader risk sentiment shifts can all influence trader positioning in this market. Announcements from Hyperliquid's team, updates to the platform's features, or changes in derivatives trading volume could trigger repricing. Macro events—Federal Reserve decisions, geopolitical developments, or regulatory news affecting crypto—may also drive capital flows. Traders often adjust positions based on technical levels, funding rates, and real-time on-chain metrics in the hours leading up to the event window.