TOTAL VOLUME:
$142.3b
24H VOL:
$107,419,736
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,594,026,835
471,138
Markets across
35,775
events
MATCHED EVENTS:
2,926
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
Why: This is a market about the FDV of Polymarket’s official token, even if it has no utility initially and is not explicitly branded as a “governance” token, as long as it is promoted and presented as the official token for the Polymarket product. This market will resolve to "Yes" if the Fully Diluted Valuation of Polymarket's official token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to "No." The token must be actively and publicly transferable and tradable. Announcements alone do not qualify. Claim-only tokens do not qualify. Utility tokens that serve a purpose within the product without being the brand's official token will not count toward resolution of this market. Those include: ERC-1155 or ERC-20 tokens used to represent CTF shares or other user positions in markets inside the product or any USD-pegged collateral token. The FDV will be determined using the total token supply multiplied by the token price. "1 day after launch" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Polymarket (https://x.com/Polymarket) doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to "No". The primary resolution source will be official communications from Polymarket (including blog posts, social channels, or documentation). A consensus of credible third-party reporting may be used if necessary.
Why: This is a market about the FDV of Polymarket’s official token, even if it has no utility initially and is not explicitly branded as a “governance” token, as long as it is promoted and presented as the official token for the Polymarket product. This market will resolve to "Yes" if the Fully Diluted Valuation of Polymarket's official token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to "No." The token must be actively and publicly transferable and tradable. Announcements alone do not qualify. Claim-only tokens do not qualify. Utility tokens that serve a purpose within the product without being the brand's official token will not count toward resolution of this market. Those include: ERC-1155 or ERC-20 tokens used to represent CTF shares or other user positions in markets inside the product or any USD-pegged collateral token. The FDV will be determined using the total token supply multiplied by the token price. "1 day after launch" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Polymarket (https://x.com/Polymarket) doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to "No". The primary resolution source will be official communications from Polymarket (including blog posts, social channels, or documentation). A consensus of credible third-party reporting may be used if necessary.
Currently, Predict shows a 40.0% chance that the Polymarket official token FDV will be above $2 billion one day after launch. This reflects the collective prediction of traders on the platform. It’s important to remember that these odds represent a forward-looking expectation, differing from immediate spot prices or analyst projections. Discrepancies between these odds and external forecasts can indicate differing beliefs about the token’s potential success and market reception.
On Predict, this market is priced through a continuous matching of buy and sell orders from traders. The odds dynamically adjust based on supply and demand, reflecting the aggregated beliefs of participants. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price is determined by the most recent trades, and the platform facilitates trades at the best available prices. This ensures that the odds accurately represent the prevailing sentiment regarding the Polymarket token’s FDV.
This market resolves around Jan 1, 2028, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will depend on whether the Polymarket official token’s fully diluted valuation is demonstrably above $2 billion one day after the token’s official launch. The platform will rely on publicly available data to determine the final FDV and settle the market accordingly, ensuring a transparent and verifiable outcome.
Several factors could significantly influence this market. Major announcements regarding the Polymarket token’s launch, such as exchange listings or partnerships, would likely cause price movement. Overall market conditions within the cryptocurrency space, including broader bull or bear trends, could also play a role. Additionally, news related to Polymarket’s adoption rate, trading volume, or regulatory scrutiny could shift trader sentiment and impact the odds in this market.