TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 31, 4:00 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.
Prediction market odds on Polymarket reflect aggregated trader conviction about Hyperliquid's directional move during that specific four-hour window. These odds often diverge from broader spot price sentiment because they isolate a precise timeframe and outcome, whereas general market expectations may focus on longer-term trends or different price levels. Traders betting on this event are pricing in volatility, news catalysts, and intraday momentum specific to May 31st. Comparing Polymarket odds to analyst forecasts or social media sentiment can reveal whether the market is pricing in optimism or caution relative to conventional expectations for that day.
On Polymarket, Hyperliquid Up or Down - May 31, 12:00PM-4:00PM is priced through an automated market maker that allows traders to buy or sell shares representing each outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current odds reflect the ratio of liquidity and trading activity between the Up and Down outcomes. Traders purchase shares at prices ranging from near-zero to near-one, with the spread between bid and ask prices indicating market tightness. As the event date approaches and new information surfaces, prices adjust dynamically based on order flow, allowing continuous repricing of the probability that Hyperliquid moves up versus down during that four-hour window.
The market resolves on May 31, 2026 following the close of the four-hour trading window from 12:00PM to 4:00PM ET on May 31st. Resolution is determined by whether Hyperliquid's price at the end of that window is higher or lower than its price at the start of the window. Traders holding shares in the winning outcome receive their payout, while losing shares expire worthless. The precise price source and methodology for determining the opening and closing prices are specified in the market's resolution criteria, ensuring an objective, verifiable outcome based on actual market data.
Several catalysts could shift odds for this intraday event. Major announcements from Hyperliquid's team, such as product launches, partnerships, or protocol upgrades, could drive directional conviction. Broader crypto market movements, regulatory news, or macroeconomic events on May 31st may create volatility. Exchange listings, large liquidations, or whale transactions could trigger sharp price moves within the four-hour window. Technical levels and support/resistance zones matter for intraday traders pricing the outcome. Social media sentiment, derivatives funding rates, and options expiry dates may also influence short-term momentum. Traders monitor these signals to adjust their positions as the event window approaches.